When you decide it’s time to buy a house, there are plenty of things you’ll need to consider. Neighborhood, price, and a lot of other areas all matter. Because you want a good, smooth transaction, you may be planning to work with an agent from a top real estate company. There are some things you should know about the top real estate companies, though, so you can make an informed decision when buying your new home. Then you’ll have the best chance of having a good transaction, and you won’t feel like you’ve overpaid or not gotten the value you want, need, or expect. Since buying a home is such a large purchase, you want to ensure that you’re working with a company that will really take your goals and dreams seriously.
1). You’ll get better service?
A lot of real estate companies that are household names say they’ll provide better service than their competitors, but that’s not always true. There are smaller or lesser-known companies that will give you excellent service. You may also get a more personalized experience, because smaller companies or those that aren’t completely household names aren’t as busy. That’s important, since you want to be sure that your agent is really listening to your needs. You have to be able to work with the agent, or you won’t have a good experience finding the right house in a location you’re happy with. You may also lose out on houses if your agent is too busy and doesn’t tell you about new listings, which is something you’ll want to avoid.
2). It’s worth it to spend extra money.
In order to find the right real estate company, you should know that many myths surround the agencies that are commonly used. One of these myths involves the idea that you get what you pay for. That’s only partially true. Many companies charge a few hundred dollars to represent you as a buyer’s agent, but you may find that smaller companies don’t charge as much. Some of them won’t ask for anything at all, because they see the commission from the seller as being enough. The extra money you will spend to hire a buyer’s agent at a top company could be better spent elsewhere in most cases, so don’t let the idea that you have to spend money to get a good buyer’s agent become a part of your home buying experience.
3). The agents are more knowledgeable.
Among the things to consider when buying a home is the knowledge of the agent you’re working with. You may think that agents at the top companies have more knowledge, but that’s not always the case. While the company may have been in business for a very long time, the agent you get may have been working there for a few weeks or months. That won’t give you the benefit of the knowledge you need to have a great real estate transaction.
4). You will find a better home.
All of the homes that are listed through the MLS are available for all agents to see. You’re not going to find a better home by going through a top company, because they have access to the same homes that other companies can show you. When you ask an agent to help you find a home, they will use the MLS database to see what is available in your chosen location and your price range.
5). You can close faster.
Closing isn’t determined by what real estate company you’re working with, or the agent you’ve chosen. It’s affected by the mortgage process, the title company, the appraisal, and other factors. You aren’t going to be able to close faster just because you’ve selected an agent from a top company. As long as you have a knowledgeable agent who understands the process, you’ll get to closing in a time frame that’s normal and expected. For a standard home buying transaction with a mortgage, that’s generally between 30 and 45 days from the time you have an accepted offer.
6). The agent has insider information.
What your agent knows matters. For agents who have been in the business for a number of years, insider information on what neighborhoods are best, which markets are hot, and what home prices are doing is all easy to come by. Finding an agent that can provide you with that kind of information can really help you get the right home and a good deal. It doesn’t matter what company that agent works for, though. The right agent is much more significant to your home search than the company that agent works with, because the agent is the one with the knowledge.
7). Your negotiation will be more beneficial.
As you consider all you need to know to buy a house, make sure you focus on what’s really important, like trusting your agent, finding the right place, and getting a good deal. Choosing a real estate company to work with is an important part of buying a home, but you need to know what’s really true about the company you select. That can help you select the right agent and company to meet your home buying needs and help you through the negotiation process, so you can get to the closing table. Any good agent can negotiate with the seller, no matter what company they work for.
2 Point Highlight
Choosing a real estate company to work with is an important part of buying a home, but you need to know what’s really true about the company you select.
In order to find the right real estate company, you should know that many myths surround the agencies that are commonly used.
