Most people realize the necessity of hiring a REALTOR®to sell a home, but they take an entirely different approach and opt to go it alone when buying, especially when the property is a short sale.
Before buying a short-sale property, though, people should consider the benefits derived from working with a knowledgeable REALTOR®.
Following are some things to think about:
Advanced Listings
The short-sales market has heated up.
So has the competition.
Get advanced listings sent to your attention as soon as possible by working with a REALTOR® who specializes in short sales.
Experience Is Key
Buying a short sale isn’t always simple, so finding a REALTOR® with a track record of success can go a long way toward making sure all the requirements are satisfied.
A REALTOR® with experience in short sales will help to expedite your transaction and protect your interests.
Seek Help
Buying a short sale takes a lot of time, but teaming up with a REALTOR® who knows and understands your individual situation dramatically reduces the effort required to find the perfect property.
Locating a property, researching it and dealing with the numerous requirements required to close is time consuming and frustrating.
Team up with someone who knows the ropes.
Lender Pays
Perhaps the best reason to consider using the services of a real estate agent when purchasing a short sale is the price tag.
After all, the services of an REALTOR® are free to the buyer.
The lender traditionally covers the commission in a short sale transaction, making it a win-win situation for all involved.