Making the choice to buy or sell a house is a huge decision, and it comes with many complicated processes that can be difficult and confusing. Fortunately, working with a realtor can help simplify these processes and make the home buying or selling experience a pleasant one. There are many ways Toronto realtors can help you make the best decision.
4 Ways Toronto Realtors Can Help You Make the Best Decision
The HuntIf you are a house buyer, the top way a realtor can help you make a good decision is during the house-hunting process. You probably have a whole list of features your new house must have and a list of things that would be nice to have. A key responsibility of a realtor is to help you clarify what you want most in a house so they can scour the market to find options that meet your needs the best.
Your dream house may not align with your budget, but a realtor can find you properties that come as close to fulfilling your dreams as possible while still being in your price range. Your realtor will keep your expectations realistic and make sure you get into a house that you're happy with, but which won't break the bank and leave you in trouble financially. You can get carried away with house hunting, but a realtor will keep you reigned in.
The NegotiationNot everyone is a born salesman and not everyone enjoys negotiations. Having a realtor means you don't have to negotiate directly with the other party, whether you're the buyer or the seller. Buyers, of course, want to pay as little as possible, while sellers want to get the most for their house as they can. A realtor represents the desires of their client and will negotiate in that client's best interests, knowing that some concessions will have to be made.
Speaking of concessions, a realtor knows what constitutes deal breakers and what types of things can be compromised on. For example, if a severe foundation issue comes up during inspection, your realtor knows that this is not something that can be ignored by the seller. It must be fixed or the price must be reduced. Negotiating this yourself is tricky, but a realtor knows the ins and outs of the entire process and will help you make a good decision.
The InspectionMost home buyers and sellers are not experts on home construction, so the inspection process can be a bit complicated. Fortunately, realtors know exactly what to look for during an inspection and will even attend the actual inspection if you request it. In fact, it is part of a buyer's agent's job to attend the inspection so they know what the issues are and can use them to negotiate repair requests or a reduced sales price.
The knowledge that a realtor has is the main perk of having them negotiate inspection issues on your behalf. They have seen just about any issue you can imagine and are able to estimate what each repair is worth, saving you a lot of time and stress.
Buying or selling a house is probably one of the biggest moves you'll ever make. Give Greater Toronto Area Real Estate a call today and our knowledgeable real estate agents will help you make the best decisions for the entire buying or selling process.