You may be considering selling your home and finding a new one that suits your family better. In this day and age, it can be fairly easy to do your own search for houses and potentially sell your home on your own. Those same methods can help you buy your next home but you might not be aware of certain challenges you may face if you go it alone.
It's often better to hire a real estate agency to help you through the process of not only selling your home but buying a new one too. It can be beneficial to you in ways you may not have thought of before. Here are some reasons why you should work with a real estate agency instead of going solo.
They Can Find You the Right Lender
You may be getting your mortgage from your bank but if for some reason you are unable to obtain a loan from your bank, you will need to find a lender. This can be time-consuming and sometimes a difficult process. Not all lenders will be a good fit for your situation either. It can be a long process to find the right lender who meets your needs and who may accept you as a client.
A real estate agent can help you find the right lender to suit your needs. They should have a good idea of the type of house you want, an idea of what your financial situation is, and how much you should be able to get for your existing home if you have one you are selling. They have extensive contacts in the industry and can help you find the right lender to get you a mortgage at a good interest rate.
They Can Find the Right Contractors
Before you buy a home it's always a good idea to have an inspection done not only on your own home, but any potential home you plan to buy. The inspection on your own home can cut through some red tape for buyers of your home as the inspection was already done and any repairs or replacements have been completed or are in the process of being done before they buy the home.
A real estate agent will have connections to help you find the right contractors who can fit your needs. This includes home inspectors, general contractors for work around the house, title agents to do a title search on any home you are interested in, and more.
It's always a good idea to use the resources of a real estate agency whenever possible. You can be assured good agents only work with the best contractors they trust.