Buying a home is a big deal.
It may be the most significant transaction you ever deal with. If you’ve been thinking of purchasing a home, chances are you have asked yourself whether you need a real estate agent or not.
Most people would not consider going through the home buying process without a real estate professional. In fact, in any given year, only a small fraction of the home buying sales are transactions completed without the services of a real estate agent.
Trying to buy a Charlottesville VA home without an agent can carry risks and lead to costly mistakes. Here are some disadvantages and risks of buying a home by yourself.
1. Limited knowledge of the neighborhood
Without an agent, you will not have a neighborhood specialist to help you with your decisions.
When buying a home, knowing how to pick the right neighborhood is crucial. The neighborhood you choose will have an impact on the quality of life and resale value of your home.
One of the biggest advantages of working with a Charlottesville real estate agent like me is my knowledge of the neighborhoods in the area you are buying. I can provide you with information regarding school districts, property taxes, HOA rules, commutes, property values, and more.
2. Inspection problems
Without the guidance of a real estate agent, you’ll be on your own to determine the types of inspections that should be done. If you miss the necessary inspection, you may wind up with a home with real issues.
A home inspection is an examination of the overall condition of the home. It is important to conduct one to avoid costly mistakes by purchasing a home that is in need of major repairs. However, a home inspection report can be difficult to understand. It will contain every potential problem and may include 20-50 points of concern.
As the top real estate agent in Charlottesville VA, I can help you understand which inspection reports are necessary and which ones are unreasonable. I look at these reports all the time, so I know how to pick out the important stuff.
3. Negotiation and paperwork
Without an agent, you’ have to do your own negotiation. Negotiating a home purchase is quite challenging. Sellers want the highest price and buyers want the best possible deal.
As a qualified and experienced real estate agent, I can help you negotiate the tricky process of buying a home. I negotiate for my clients and I know every factor that influences home values, and every pressure point that is likely to deliver a response.
In addition, real estate law is complex. You also need to complete all necessary paperwork correctly and accurately, submitting them by deadlines.
Having an agent helps you understand what you need to sign. The odds of making mistakes can drop substantially when you’re working with someone who knows the paperwork inside and out.
Let me help you find your dream home in Charlottesville VA!
Call me, Pam Dent, at 434-960-0161. With my extensive knowledge of the Charlottesville area and the real estate market, I can help you find the best home that suits your lifestyle! Let’s get started today!