1. Paperwork and Contracts
Even for a savvy businessperson the contracts and paperwork associated with real estate can be confusing and every so often, there are new forms added to the mix. A competent and experienced real estate agent will be up to speed on all current forms and the first one to know when new ones have been added. It is important that you never sign anything you do not understand and if you are going it, alone you will either have to take a risk or hire an attorney, neither of which are necessary when you have an agent in your corner.
Have you ever been in a home that fit all your criteria and yet had the most hideous shag carpeting? If you were attempting to negotiate, a better price on this point by yourself there is the risk that you will seriously offend the seller ruining any chances of a successful negotiation. When you have an agent working for you they can present your concerns to the listing agent who will be better prepared to discuss it with the seller.
In most cities and towns, there are several real estate agents and potentially hundreds of listings. Going through each of these on your own means, you could be dealing with several different agents just to visit a few homes. Real estate agents across the country generally co-broke, which means you can choose one agent who can show you any of the properties on the multi-list.
Unless you are a real estate buff, you likely do not know the facts about all the neighborhoods around town. Which neighborhoods are up and coming, which are declining or which are perfect for children. These are the small facts that an experienced real estate agent will know, they will also know how these facts affect the pricing.
Real estate agents work on commission; however, a responsible agent will be more interested in finding you a home you can afford. They will encourage you to fill out a budget and be realistic about how much home you can purchase. Most agents will tell you it is best to do this on the front end so that all the homes you visit are within your price range.
There are many reasons you should use a real estate agent for your next home purchase, all of which are for your protection. You do not want to get into a contract that you do not understand or get stuck with a home that is going to cost you a fortune to fix. Your agent will guide you through the unfamiliar territory of purchasing a home.