Choose the right real estate agent to help you buy a home in Los Angeles. Gearing up to buy a home can be a monumental task for even a seasoned homebuyer. To help get your home search on the right track and make your next purchase a success, look at these 5 reasons why you need a Los Angeles real estate agent to buy a home.
Minimize the Hassle
For the average homebuyer, it can be very simple to forget about the amount of work that is handled by your chosen real estate professional.
The mountain of detailed paperwork involved with real estate transactions is often glanced at by the buyer and signed, while the agent handles the details and makes sure everything is kept on the up and up. An agent will also go a long way to recommending worthwhile properties in your budget while weeding out the less desirable options.
An experienced Los Angeles real estate agent takes on multiple roles through the buying process, but making the entire experience easier and streamlined for their client is a huge part of the job.
A Keen Detective
Any experienced and qualified real estate professional will come equipped with the instincts and tools necessary to suss out the skeletons in a property’s closet, or highlight overlooked strengths that could become a boon for you.
Walking through a property with a dedicated real estate agent is sure to reveal more details – good or bad – than a buyer would discover on their lonesome. This extends beyond walkthroughs and into simply shuffling through listings, and maybe finding you an amazing deal you would have missed without their assistance.
Having an extra pair of professionally trained eyes and ears when dealing with the minute details is never a bad idea.
The Lay of the Land
While a buyer can – and should – do their own research into local market prices and trends, your Los Angeles real estate agent already has a good idea of what’s going on to help set your expectations.
Agents rely on what are called neighborhood comps, or neighborhood comparable sales, to help govern pricing in a region. These neighborhood comps are determined by the closing sale prices of relatively similar homes in an area and help clarify what could be considered a reasonable price for a property in which you may be interested.
Your agent will also take into account the property’s proximity to local amenities and ease of transportation while maintaining some distance and privacy from these more public locales.
The More, the Merrier
An experienced agent has built up strong relationships with other professionals in their industry over the years, and they will call in favors or be able to connect you with a multitude of people in order to make your home buying experience smooth.
Depending on the situation that arises, agents may have connections to specialized inspectors, general contractors, or appraisers.
As an example, let’s say you have found a property in which you are interested, and you previously put in an offer with a repair contingency. The seller comes back stating they are unwilling to do the repair as part of the sale of the home. Your agent can have a general contractor inspect the proposed repair and put together an estimate.
The resulting price of this estimate could then be reduced from your offer stating you’re aware the repair is necessary, but understand if the seller is not wanting to deal with it themselves.
Keep Things Light
Speaking of negotiation, it’s very easy for a buyer or seller to take things personally during the negotiation phase of any real estate transaction.
With a Los Angeles real estate agent on your side, they will ensure everything is kept professional, and the mutual goal is completing the transaction is the focus at all times. Removing emotions and sentimentality from the equation helps make the process that much simpler.