The integration of real estate into the internet has revolutionized the home buying process in Northern Virginia, Maryland and Washington DC. With 84% of home buyers starting their home search on the internet, it has become much easier for buyers to find a home online than in the past. Nowadays, buyers are often asking the question, “Why do I need a Buyer’s Agent?”
Realtors® deal with real estate issues and concerns on a daily basis. Ask yourself this question: “If I could perform open heart surgery on myself, would I do it?” If you knew what you were doing, there is a chance that you could succeed, but I’m pretty sure almost everyone would choose to have a licensed surgeon do the job. The same question comes to mind when making the biggest purchase decision of your life. Should I hire a Buyer’s Agent to help me purchase a home? The answer 100% of the time should be YES because when buying a home, our Buyer Agent services are FREE! The Seller’s Agent or builder (for new homes) compensates the Buyer’s Agent in the real estate transaction.
9 Reasons To Use a Buyers Agent
Experience From a Professional
Your Time is Money
Market Conditions Info
Negotiation Skills & Confidentiality
Handling Volumes of Paperwork
Learning what you need to know about real estate will take you years to accomplish…there is always more to know and trust that you’ll likely forget something in the process. Who has the time to do that? Our agents have been educated extensively on the laws and regulations that influence the market. By law, agents are required to receive continuing education to renew their license ensuring they are up-to-date on the latest real estate trends and laws. It is also very important to hire the right agent that understands YOUR needs. Not every agent will be the right agent for you. Portfolio Realty agents have the skills and experience to educate and assist you in order to ensure your home purchase is a rewarding one.
Hiring a real estate agent will save you the trouble in trying to research every problem or issue you may run into during the home buying process. You’ll not only save yourself time researching, but help your family avoid potential risks and lawsuits.
By law, there are several disclosures required which differ in each state including: Lead-Based Paint, Mold, General Property Disclosure, Megan’s Law, etc. It can be difficult to keep up with the ever growing list of disclosures and deadlines since laws change regularly. If you’re not involved in the local real estate market on a regular basis, you can risk financial suit from other parties involved in the real estate transaction. Our Agents are trained to ensure all necessary disclosures are given completely and in a timely manner.
The Portfolio Realty team specializes in Northern Virginia, Maryland and Washington D.C. real estate markets, and can provide information on any neighborhood. We can show you comparable sales that will give you an overall impression of the market and show you where you can find data on schools, crime, and demographics. We can tell you exactly why that house sold for $30,000 less that it what it was originally listed for or why that home on the corner has been on the market for over a year.
We don’t tell our buyers what price to buy a home for. Instead, we educate you on the latest market conditions and empower you with the knowledge to make smart decisions. We provide you with evidence and supply you with market data that will help you come to a final decision. We then will draw up a negotiation strategy that will coincide with the final price you have determined..
This type of information is common knowledge to us Realtors. We can disclose market conditions such as the average price per square foot, median sales prices, the average amount of days on the market, and the ratios for the list to sold prices. These factors will have a huge influence on the decisions you make.
We have a number of relationships with others in the industry that will be of your assistance throughout the home buying process, and even after as well. Over the years we have compiled a reliable list of professional contacts including lenders, home inspectors, appraisers, settlement attorneys, and contractors that we can recommend to you.
Our top producing Real Estate Agents are phenomenal negotiators. Unlike most home buyers and sellers, we have the ability to take the emotional facet away from the transaction. We are extensively trained on getting our clients the best price on the best terms. Our past clients will attest to our professionalism and commitment to keep client information confidential from any competing parties.
An offer contract or purchase agreement is roughly 20 – 25 pages on average. This doesn’t include other paperwork that comes along with purchasing a home including addendums, amendments, disclosures, inspections, etc. Forgetting any of this paperwork or making the slightest mistake could get an unrepresented buyer in legal trouble costing a great amount of stress, lost time and thousands of dollars. Our Agents are experienced in dealing with the massive amounts paperwork on a daily basis and are also covered with Errors & Omissions insurance is any problems somehow arise. It is good to know you have that extra layer of protection by hiring a Buyer’s Agent.
…You should now know the benefits of having a Buyer’s Agent for your DC Metro area home purchase. Our goal is to find you the right home, at the best price, in the right time, with the least amount of inconvenience to you. Fill out the form in the sidebar if you would like more information, or to get started working with your Portfolio Real Estate Agent.