You and your significant other are attempting to buy your first home. You already know what you want in a house. The struggle is finding one that meets all your criteria.
Not to mention, you can’t find a mortgage lender that’s willing to work with the two of you. Perhaps you should reach out to an experienced realtor. What does a realtor do you may ask?
They’ll sit down with you and your partner to discuss your dream home and help you find a lender. This isn’t the only way they help buyers like yourself. Keep reading to learn more about what they are and what they can do.
What Is a Realtor?
Real estate agent vs broker vs realtor? Aren’t they all the same thing? The answer is a huge no.
Some realtors are real estate agents but not all real estate agents qualify as a realtor. We understand how that may be confusing.
You see, for a real estate agent to be a realtor they have to meet a certain level of requirements and become a member of the National Association of Realtors.
Brokers fall under the same category as realtors but they have to fulfill certain qualifications as well.
What Does a Realtor Do for You?
So, what do realtors do? If you’re having trouble trying to buy a new home, they are the best people to reach out to. There is a large number of ways they can make the process easier for you.
Research
When you call the realtor, they will begin to ask you questions about what you’re looking for in a dream home such as what your budget is and how much space you need.
They then take your responses and look around for a house that meets all of your criteria.
Help You Find a Mortgage Lender
The first and hardest step of buying a home is finding a lender who will pre-approve you for a house loan.
The realtor agent won’t work directly with you during this pre-approval process but they can try to help you find a mortgage lender who will be willing to work with you.
Go With You to Showings
When you’re shopping around for a home, it’s not likely that you will buy the first one you see. You’re going to be attending various numbers of showings.
The realtor will set up times for you to view these houses and will go with you to the showings to escort you around.
Monitor the Paperwork
There is a ton of paperwork that goes into buying a house. It can get a little bit confusing. They’ll oversee this paperwork to make sure everything gets to who it needs to get to.
Reach out to an Experienced Realtor
So, what does a realtor do? They make the house buying process go a lot smoother by researching homes for you, helping you find a lender, going with you to showings, and monitoring the paperwork. As you can see, there’s no real reason why you shouldn’t hire one.
There is more to consider when buying a house than hiring an agent. Check out our blog daily for more articles on all things home.
