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Should you buy a house on your own or hire a realtor?

Posted by Balaji on November 10, 2020
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style="font-size: 14pt; font-family: verdana, geneva, sans-serif;">Many times in our lives, we dreamed of owning a house and it would perfect. Great

architecture, perfect dimensions, perfect flooring, all is practically perfect. As we pour

most of our savings to buy a house, perfection is what we hope to achieve. That

perfection will turn the house magically into a home of comfort.

When the time finally arrives, you would be challenged with a crucial question, “Should

I buy a house on my own or should I hire a realtor? The solution to that depends on

the expertise you have in the real estate industry and your city’s market performance

and functionality.

 

Buying a house on your own

Suppose you plan to go on a house search alone. First, you should have the time to

visit the various properties in your preferred location. Detailed knowledge and price

comparison of similar properties sold in that locality, ability to grasp legal terms and

conditions, strategies on how to inspect a property, and finally strong negotiating skills.

Even if you lose on a single factor, there is a high chance of falling into a trap either

price-wise, policy-wise or you might end up in a defective house. In all the above

occurrences, there are also actual incidents because the consumer did not have

enough experience.

This doesn’t mean you shouldn’t have to buy a house on your own. The purchase is

expected to be secure if the seller is someone you know and trust, which usually

includes your relatives and friends. But even then, it helps to have someone in your

corner who can recognize all the legal provisions that come with the agreement and

clarify them.

 

Hiring a Realtor

A Realtor is a specialist who has skilled expertise in property dealings and market

performance which consistently grows with increased experience. A Realtor is a

specialist who has skilled expertise in property dealings and market performance which

consistently grows with increased experience. A real estate agent would incorporate all

the buyer’s suggestions and interests and then come up with a variety of property

suggestions. A Realtor would help you with all the crucial and even minor aspects:

  • Search properties according to your budget, preferred location, neighborhood requirements, etc. This will save a massive amount of time for you.

 

  • Dig up every bit of information on the preferred location.

 

  • Do a thorough inspection of the home.

 

  • Understand the local market. Property prices are determined by the local market value. So when negotiating make sure you paying around that value for your property and not higher.

 

  • Take care of all paperwork filled with legal aspects.

 

Unless you are familiar with the process of buying a house, hiring a realtor is a safe

bet.

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    Sandeep Yelburgi
    Sandeep Yelburgi
    3. March, 2023.
    In the world of real estate trust, credibility and professionalism doesn't exist. Mr Balaji and team are exception to this. They make buying/selling a property so easy. I could able to sell my property with ease. The process is so transparent from day 1 of meeting the buyer to the last day of selling my property. Thanks for service and keep the good work going in a honest way. Bangalore Real estate need more people like you.
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    vikram solanki
    22. February, 2023.
    Govindraj Was Awesome To Deal With For a Smooth & Transparent Transaction.
    Chaya Rao
    Chaya Rao
    11. February, 2023.
    Excellent experience working with Mr. Balaji Badrinath who was amazing at his job. Made our real estate transaction smooth, convenient, excellent and top-notch. Balaji is an outstanding Realtor who is very professional, knowledgeable, experienced, efficient, direct, very responsive and has such a pleasing demeanor, is friendly, very prompt and never loses his composure. He helps trouble shoot timely with favorable solutions. He made my real estate transaction as a NRI easy and provided excellent guidance along the way. Bengaluru/India/this world needs more people like him to make it a better place! Thank you very much, Balaji, for all that you are and all that you do. You are truly an amazing human being and a professional! I am so glad that we found you online and you helped us close the deal on my parents’ house. Thank you! A special mention of Ms. Mala Malathi, Operations Manager, who I had the pleasure of meeting. She was very helpful in putting our paperwork together and helping me with some of the process. Thank you, Mala!
    Rekha Srinivasan
    Rekha Srinivasan
    11. February, 2023.
    I am very happy with the services provided by Mr. Balaji Badrinath, who helped me and my siblings on the the sale of our parents house. He was patient, polite, prompt and professional in all his responses! He was efficient in getting all the necessary paperwork and overall he helped make the sale a smooth transaction. I appreciate his professionalism!
    Sridhar Rao
    Sridhar Rao
    10. February, 2023.
    Balaji Badrinath is hoest, reliable, courteous, reasonable, knowlegeable, professional and a thorough gentleman. It was a blessing to find a realtor like him in Bengaluru to assist us in the sale of a property. I would highly recommend Balaji Badrinath and his folks at Coldwell Banker Value Add Realty for any real estate transaction in Bengaluru and other areas in his jurisdiction. Living in the USA and having near zero knowledge of property transaction process in Bengaluru, Balaji guided us through the process methodically and with clarity, working at our pace with cadence calls, information, professional advice and guidance. Thank you Balaji and the team at Value Add Realty !
    Priyanka S
    Priyanka S
    25. January, 2023.
    These guys helped me buy a bda auction site in a systematic way….. Ms Manasa helped me by guiding me through the payments and all the processes without any glitches and made my experience seamless …. Finally I’m a proud owner of a BDA site …..
    Madhu Sharma
    Madhu Sharma
    7. January, 2023.
    Purchased BDA site recently with help of Coldwell. Team has good knowledge on site purchase process. Special thanks to Sathish, Kiran, Mahesh, Balaji and Manasa for helping at various steps and making site purchase stress-free.
    Mandar Karchodi
    Mandar Karchodi
    23. December, 2022.
    Coldwell Banker is definitely the best in finding an ideal home. They helped me end to end till I got the keys of our home. Mr. Gangadhar Gowda helped us in all the documentation process. Kudos to Mr. Gangadhar & Coldwell Banker !!
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