Let’s cut to the chase…unless you’re ready, willing, and able to do and have ALL of the following:
- Locate potential property.
- Schedule appointment to see property.
- Know the market trends in the neighborhood
- Know school district lines
- Contact “The Right Lender”
- Can locate parks and recreation, shopping and places of worship
- Got the inside of market value
- Can specialize in your price range
- Can explain and write a sound contract
- Know that lead paint, mold and asbestos are trouble makers
- Determine and negotiate concessions (a most important and valued attribute/ability)
- Able to present the contract to the seller’s agent
- Know if the contract is signed and initialed correctly
- Present the contract to the lender
- Ensure the title is clear of encumbrances
- Familiar with knowledgeable and trusted inspectors (me of course!!)
- Can meet the inspector at the property
- Interpret/Review the inspection report
- Can negotiate proper repairs
- Send the lender the inspection report
- Can order and interpret the survey
- Know the best pest control company
- Read and understand insurance policies
- Meet the appraiser at the property
- Provide the appraiser with comparable value(s) (comps)
- Make sure the repairs are complete
- Make sure the loan funds
- Coordinate the loan closing with the title company
- Know the ins and outs of home warranties
- Have an extra shoulder to lean on
If you can do all of the above…and you’re able to do it all VERY WELL…the answer is… YES! – You really really need a real estate agent.
- - - - - - - - - - - - - - - - - - - - -