Seal the Deal with Confidence: Five Amazing Ways a Real Estate Professional Makes Homebuying a Breeze

Posted by Emilye on December 22nd, 2023

There are over 50 listing platforms in Canada from where aspiring homeowners can explore houses. Apart from the property listing platforms, there are many social media groups and online reviews where you can find the ideal properties for sale. 

So, in this age of technology, do you really need to hire a real estate agent or real estate brokerage for homebuying? Won’t that just be throwing money off the drain?

YES for the first question and a big NO for the second question. A real estate professional can turn a failed and stressed home-buying process into a seamless and successful one. 

You see, buying a house is probably (one of) the biggest investments you will make in your life. Apart from the financial aspect, your future home will be a place where you and your family will spend a part of or all of your life. 

For these reasons and more, you need a real estate expert by your side. You certainly can’t move out of the new house three months later because the neighbourhood is not your type or worse, keep on hunting for perfect houses for months without any end in sight. 

If you need more convincing, here are 5 compelling reasons why you should partner with a real estate brokerage in Mississauga to buy a home. 

Five Reasons to Have a Real Estate Professional When Buying Your Home

1. Spots the Red Flags and Hidden Gems in Every Home Tour

No matter if you are buying your third house or first, chances are that you don’t physically tour houses on a daily basis. You don't know what home features or decors are in trend now and will remain so in the future or what issues you must look for in the home.

However, a real estate professional physically and virtually tours tons of houses every day. They know which kinds of homes are ideal for homebuyers in terms of location, amenities, future resale value, and other factors. 

They can also identify certain red flags in the property which you may not be aware of. This way, you won’t have to wait until the home inspector navigates the property to know this house is not for you. 

Expert professionals from a real estate brokerage will be able to spot potential problems with a house right on the viewing day. This could be any issue that can cost you thousands of dollars in the long run - pest, mould, roofing, and structural. 

Real estate professionals can also inform you about home features that will be beneficial for you in the short-term and long-term. For instance - modern kitchen and bathroom, energy-efficient appliances, good school district, and expansion potential. 

2. Get the Jump on Exclusive Listings Before They Are Listed

Yes, you can search for homes for sale online through the listing platforms. However, did you know that 20% of homes are sold before they even hit public online listing platforms? 

That’s right! These “Coming Soon” property listings are revealed privately by real estate professionals to homebuyers in their network. 

So, if you plan on buying a home without a real estate brokerage in Mississauga, know that you will only get access to limited properties. This is why you need to hire a real estate professional who can give you access to homes that are yet to hit the market. Who knows you may end up making a “Coming Soon” property yours with the help of a brokerage before it gets listed in the market.

3. Navigate You Through the Steps of Buying Your Dream Home

From mortgage pre-approval to title transfer and home appraisal, there are tons of steps involved in the home buying process. Most homebuyers, especially those who are purchasing a home for the first time, are usually unaware of these processes. As per a survey conducted by the National Association of Realtors, 44% of first-time homebuyers felt overwhelmed by the entire homebuying process. 

This is why you need the experts of a real estate brokerage by your side, someone who can guide you through the entire process. Real estate professionals go through a lot of training to understand the home buying process inside and out. They also receive specialised training that better equips them to provide more personalised assistance to homebuyers. From the best mortgage types to paperwork and documentation support, real estate professionals can guide you through every homebuying step.

4. Ensure You Snag Your Dream Home at the Best Price

Experts of a real estate brokerage in Mississauga help you secure your dream home without maxing out your budget. Real estate professionals stay updated about the market trends and prices of homes in the area. They know when a home is priced well, or too high, or maybe even too low for the neighbourhood. They will help you hook up the perfect home at the best price so you can reap the financial benefits of being a homeowner. 

Real estate professionals also help you during the price negotiation process. They try and negotiate whatever costs they can to ensure you are getting the best deal. They may negotiate the closing costs, home warranty premiums, and cosmetic upgrades to bring down the overall cost of buying a home. 

5. Hook You Up with Reliable Experts to Ace Your Homebuying Journey

You do not just need the guidance and expertise of a real estate brokerage in your homebuying process. There are a handful of other professionals you will need to work with to keep the homebuying process moving such as -

  • Mortgage Professional
  • Real estate attorney
  • Home appraiser
  • Home inspector
  • Title insurance company
  • Insurance agent
  • Title and escrow specialists

However, do not worry, the real estate professional you are working with will have the contacts of all these professionals. You just need to ask them for a reference and they will find you the best one from your network.

Can You Buy a Home Without a Realtor Leading the Way?

In case you are wondering whether it is mandatory to hire a real estate brokerage in Mississauga to buy a home, the answer is “NO.” You can go ahead and buy a house without one. However, there are tons of mistakes you can make or hurdles you may have to cross by not hiring a professional. 

Also, consider this reasoning: you may not want to hire a professional because of the commission fees. But the fact is, it is the home seller who pays commission fees, not the homebuyer. And the costly mistakes you avoid by working with a real estate professional really offset the commission fees, even if you are a home seller. 

MISTAKE

CONSEQUENCES

How a Real Estate Professional Can Help?

Overpaying for the property

Paying above the market value and missing out on helpful financial aids such as government programs.

They have market knowledge and negotiation skills to help you secure the best deal.

Legal blunders and missed deadlines

Misinterpreting contracts, missing deadlines, and facing legal issues.

They guide you through paperwork, ensure timelines are met, and advise on legal aspects.

Increased stress and anxiety 

Finding homes, negotiating with sellers, and handling paperwork.

They act as your buffer, advocate for your interests, and take care of the entire process.

Limited access to off-market deals

Missing out on properties sold through realtor networks or word-of-mouth.

They have connections to off-market deals that don't reach public listings.

Overlooking property issues

Missing structural defects, hidden damage, and future repair costs.

They have a trained eye for potential problems and recommend inspections.

Summing Up

So, in case you are planning to buy a home soon, start looking for the best real estate brokerage before shopping for homes. With a real estate professional’s expertise and skills, you can find your dream home easily, minus the stress and headaches. 




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Emilye

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Emilye
Joined: October 12th, 2023
Articles Posted: 10

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