While looking for a home in today's market, you may be looking for places to cut costs in your job hunt and in the price of the home. You may think a good place to cut costs is to represent yourself and be your own real estate agent. But beware.
The real estate market is tricky, and deciding to go it alone may not be the best idea. A well-trained and qualified Realtor can help you in more ways than just finding you properties to see, and you'll probably regret trying to go without.
A good Realtor can save you time by searching the market for you, so you don't have to, and only finding homes that you would be interested in. Although you could look online or in your local classifieds, Realtors have access to other avenues of finding properties for sale. They might have tips from old contacts, or even homes that they are representing the seller on.
A realtor can also negotiate a better price for you. If you are hoping to drive a hard bargain, a realtor is truly your agent working for you with the seller. He or she knows the market and the amount of money a home is worth, so leave it to them to snag you a bargain.
Finally, they can walk you through the contract and mortgage phase of purchasing a home. Both of these are complicated and confusing, and your realtor can answer any questions and facilitate these components of home buying.
RE/MAX of New Jersey (http://www.remax-nj.com) is a real estate brokerage that has New Jersey Realtors. Billings Farnsworth is a freelance writer.
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