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Realty Services in Wenham, MA  | Greater Boston Area & Massachusetts | Buyer's Choice RealtyRealty Services in Wenham, MA | Greater Boston Area & Massachusetts | Buyer's Choice Realty

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Why DIY Might Cost More When Purchasing Real Estate in Somerville MA

Every buyer finds themselves in a quandary trying to decide whether to hire an exclusive buyer’s agent or do everything themselves when looking at purchasing real estate in Somerville MA. Certainly, most of these inner debates stem from a desire to save consultant fees and allocate this amount to something more important.

Unfortunately, most buyers fail to realize there really is nothing more important than hiring an exclusive buyer’s agent to help them make an informed decision about their purchase.

Purchasing real estate in Somerville MA can be costly without an exclusive buyer's agent

Challenges in Buying Real Estate

Contrary to popular belief of many first-time real estate shoppers, renting or purchasing real estate in Somerville MA is not as easy as it looks. For one, amateur home buyers tend to get caught up in the details and neglect to see the big picture. More often than not, they cannot see past the color palette and design of the house or building instead of taking careful notes on things that might need replacement or repair.

Furthermore, they only tend to focus on the price rather than taking into account the closing costs, homeowner’s insurance, repair/replacement/rebuilding costs, and other expenses that can potentially occur when they decide on a property to buy.

In the end, you might have saved the cost of a consultant’s fee but then will spend the price of the fee and more on needed house repairs to make the property habitable.

Professional Home Inspection

The greatest advantage of hiring exclusive buyer’s agents is that they work solely for the buyer, unlike a typical real estate agent. They are only focused on catering to your real estate needs, so they can give you a comprehensive overview of the real property you are eyeing.

For this reason, if you are not a builder or contractor by profession, then doing a proper real estate evaluation is nearly impossible. With an exclusive buyer’s agent, you can guarantee that the real estate property evaluation conducted is correct. Furthermore, they can give you an idea of how much it would cost if ever you decide to purchase the property regardless of the evaluation results.

This way, you not only avoid making a bad purchase, using an exclusive buyer agent’s services can also help you find the perfect real estate property that best fits your needs and budget. Best of all, an exclusive buyer’s agent can help you with your property valuation so you’ll feel more secure with your real estate investment.

 

 

Posted in: Somerville Real Estate

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