Especially for first-time homebuyers, using a seasoned agent is a smart move.
Three things to know about agents:
1) A buyer generally does not pay any money out of pocket for the services of a real estate agent. Agent commissions are typically paid by the seller; the buyer’s agent and the seller’s agent split the total commission.
2) A buyer’s agent protects your interests. Using the seller’s real estate agent does not protect your interests.
3) You can go it alone. We don’t recommend you negotiate for the first time alone, but maybe you’re quite familiar with the real estate market, and you have some professional experience negotiating legal contracts. If so, and you want to fly solo, that’s certainly feasible, but we recommend you hire a real estate attorney to approve the sales contract for peace of mind. (It generally costs you an hour or two of the attorney’s time.)
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