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
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
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
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
Last Updated on April 30, 2021 by Balaji