Buying a house is an exciting experience, but it’s not without its hitches. Out of inexperience, some folks often forgo the aid of a broker to help them find their dream home – a decision numerous people regret in the end! We’ve encountered many home buyers who’ve come to us in search of a new home who said, in retrospect, they wish they’d had the advice of an experienced broker when making their previous decision. If you aren’t prepared to invest a substantial amount of time learning the market, sifting through information, and standing your ground, then it’s in your best interest to team up with a broker. Not only will you be well-off & well-informed, you and your family will end up in a home you’re confident about and not one that keeps you up at night.
The most important factor when considering the use of a broker to buy your home is that there is no additional cost to the buyer. That’s right – so why would you opt out of getting sound financial & home advice for no additional fee? Their experience in the field can provide you with useful insights, including what certain neighborhoods have to offer, where the best prices for your budget lay, and much more.
Narrow the Amount of Time
When you’re looking for a house, it is certainly important to take your time and not rush into anything. However, you don’t want the process to take too long, and that’s where the broker comes in. They can directly contact the sellers & lenders to push things through faster, speed up the search by narrowing down the specifics, and answer questions you’d normally spend a lot of time searching for answers to. A year long process could be significantly cut by working with a broker!
Access to MLS
Only people with a Real Estate License have access to the MLS or Multiple Listing Service, which is the most valuable database of homes for anyone in the market. The home of your dreams could be listed on the MLS and you would never know it, but a broker can help you find it. Whether you need a home with a full sized washer/dryer and big bay windows, or a house with a 3 car garage that is close to a public high school, a broker can help you find exactly what you need through the MLS – something you couldn’t do yourself.
Working on your own, you may stumble upon a lender who can provide you with phenomenal mortgage rates – this is usually almost never the case. A broker will do the research for you and recommend lenders who can offer you the best mortgage rates for your family, your budget, and your future plans. You can leave it up to chance, or you can work with a broker whose dedication lies in part in curating a list of suitable lenders for their clients.
Know the House Specifics
Does this house have a swamp cooler or run on refrigerated air? Has it had problems with the septic tank? Is the neighborhood fitting for families with small children or college kids? These are questions you’ll definitely have, and ones your broker can answer for you. If they don’t know the answer right away, they can contact whoever necessary to provide you with the answer so you don’t have to.
These are merely a few of the reasons why working with a broker is such an important decision when looking for a new home to purchase. Instead of wasting time, you could be looking efficiently. Instead of settling on a ludicrous mortgage, you could have a lender provide you with the best options for your family. Instead of wondering whether the school nearby is good for your child, you could be looking at a home near a school you know you want your child to go to. Instead of working alone, consult with Team Sedoryk Properties – we’ll help you find a home that’s more than just a roof, but a place to build memories. Contact us today to get started!