If you are thinking about owning one of the available East Vancouver condos for sale, you might wonder if having a realtor with you in the entire process is worth it. Today, most buyers think they can tread the path of buying solely for the simple reason that there are plenty of resources from online searches to how-to guides. However, it is very important to remember that buying a condo is a huge investment decision. A wrong move in your purchase and you end up draining your money in a property that is not worth it in the first place. An agent has experience that cannot be offered by your resources. They will advocate on your behalf and also get you a better deal.
Every professional field has its own set of acronyms and jargon, and so, is the real estate sector. A professional realtor is well-trained and armed with the expert information necessary to navigate the field. What’s more, buying condos for sale in East Vancouver calls for loads of reports, forms, and other technical documents. A real estate agent will prepare a killer deal and avoid costly mistakes that could mess up the whole process. Also, a realtor has turbocharged searching power. As much as you feel the internet has all you need, you had better think again. You may feel that online listing sites truly have all you need and that you can find the latest condo listings on your own. But note this: realtors have access to more listings.
A realtor has firsthand information on the real estate market. Do you know what the market is like now? Perhaps not, but a realtor does. They know when condos are selling at a certain percentage of asking price. For you, it may be difficult to compete against multiple offers. You also do not have the prowess of winning against other bidders. A realtor knows that the best way to get a price that is in your favour is by knowing the market intimately.
Each time you want to buy a home, you will have to encounter negotiations. Today, the housing market is heating up rapidly, and this only means that the negotiations are getting heated by day. Expect lots of competition, different cash offers, and bidding wars. As a buyer, you are likely to give up on the negotiations and walk away with the set price. With a realtor, however, expect cutthroat tactics in the negotiations. They help in drawing up purchase agreements that give enough time to inspections, contingencies and other technicalities of the process.
To sum it all up, if you want your condo purchase to proceed quickly, smoothly and accurately, put your trust in the hands of an East Vancouver real estate expert such as Real East Van.
5 things a real estate agent won’t tell you, TheStar.com
Should You Use A Real Estate Agent To Sell Your House?, CanadianFinanceBlog.com