Real Estate Investment 101: Getting Started

3 Reasons Why You Should Get A Real Estate Agent Before You Start House Hunting

It seems easy to just see a house on the market and stop to take a look, and there's nothing wrong with doing so. However, if you want to get serious about buying a house, you need to hire a real estate agent first.

Even if you find the best house for you on the market, it's wise to call your real estate agent before contacting the agent of the property for sale. Your real estate agent is worth a lot to you and can help you get into a home sooner. Here are three reasons to get a real estate agent before you start house hunting.

Your real estate agent will know more about home listings than you do

When you see a home listed for sale online or in the classifieds, you get access to the most basic of info about the property. Your real estate agent, on the other hand, can get you more detailed information before you even go see the house, such as whether the property has any easement rights attached to it or whether the homeowner is accepting offers on a certain date only.

Your real estate agent will know the things you need to do to get approved for a home

Every home will have its own stipulations, so you need a real estate agent to keep you in the know when it comes to making a purchase. For example, if a home is a bank repo, you may only be able to pay cash for the property. Some other properties in as-is condition may qualify for a single type of loan. Having your real estate agent help weed out properties based on the way they are financed can help make your experience more worthwhile.

Your real estate agent will be able to get you to look at homes before they hit the market

Real estate agents often work with one another to get their clients the homes they need. If the right home hasn't come up yet, your real estate agent can put the requirements you have for a home in a database and become alerted by other real estate companies when a property meeting your specifications is about to hit the market. Sometimes the matter of buying a home and having an offer be declined comes down to time, so it's wise to have a real estate agent ready to hunt down houses for you before the rest of the public has access.

When your real estate agent is made aware of your house-hunting intentions, they'll start looking for properties for you. Get your real estate agent on board before house hunting to make your experience most beneficial to you.

To learn more, contact a resource like Michelle O'Connor Real Estate