Here’s why you need to have an agent when buying from a for sale by owner.
Have you ever wanted to buy a home from a for sale by owner (FSBO)? If you’re considering purchasing a home in this market, here are a few reasons why you should still get a real estate agent even if you’re planning to buy from an FSBO:
1. The owner may not allow home inspections. When you buy a home from a for sale by owner, they most likely won’t let you do home inspections. A home inspection is an important part of the home-buying process that you should not skip. It’s the chance for you to see if there’s anything wrong with the property.
“Without an agent, you won’t have a representative who can look out for your best interest.”
2. Sellers can become emotional during transactions. Sellers can sometimes take it personally when you point out what’s wrong with their property. This may cause problems for the transaction.
3. You won’t have someone who will look out for your best interests. Real estate agents have the experience to make sure the transaction doesn’t become personal and that you can properly do your home inspections. Without an agent, you won’t have a representative who can look out for your best interest.
4. You can avoid extra costs. You want to hire someone who knows the ins and outs of the home-buying process so you can avoid extended transactions and any extra costs after the closing.
If you want to have a smoother home-buying experience, it’s always a good idea to hire a qualified real estate agent who can help you navigate the transaction. If you have more questions about buying a home from a for sale by owner, don’t hesitate to call or email me. I’ll be happy to help!