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Do I still need my realtor?
Good morning,
Earlier this year I decided that I wanted to buy my first place. I met with a family friend who is a realtor and he started to show us homes. For one reason or another, we didn't go with any of the homes he showed us. I have since discovered Redfin and I love that I can browse homes at my own convenience without feeling like I'm wasting my realtors time. I have already booked a few showings.
Although my realtor has put in some work for me (showing homes, meeting in person) now it seems that I'm doing all the research myself.
What should I expect from a realtor not that I have been educating myself via BP?
Do I still need a REI? Or should I just use a Redfin agent?
Thanks
MP
Most Popular Reply
As a buyer I would 100% use a realtor - the seller pays for this. As a first time buyer I would 200% use a realtor.
There are many potential issues that you might not be able to see for yourself that a good realtor will point out.
Is there low income housing just around the block? Is there some in development?
Is the foundation cracked?
Are those spots on the ceiling indicative of mold from a roof leak?
Are there radon or other environmental issues in that area?
Is there an area a couple blocks away that would actually appreciate much better for some reason?
Is there a chance that area gets rezoned and now you're in the 8th best elementary school instead of #1?
Just some random examples but the point is free advice from an expert is not something I'd pass up as a buyer.
Sell side is a separate matter (would still use a realtor but negotiate down the commission).