Profile picture for Y.Hernandez

First Time buyers

Should I have an agent to buy my first home? if so I need someone experienced in first time buyers
  • April 04 2012 - Bedford
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Answers (6)

Best Answer

Profile picture for B Mike West
The most prudent move for any buyer, especially a first-time home buyer, is to get your financial house in order FIRST.

Select a local loan consultant that you trust and discuss your financial situation with them.  They may be able to help you clear up any problems on your credit report so that you look like a star when you actually apply for your loan.  They will also let you know the price range you should be looking at.  If you can only afford a $100,000 home there is no use looking at $200,000 homes.  They can get you pre-aproved and provide you with documents that you can attach to an offer when you find the RIGHT HOME.  Having that letter is important.  Without it most sellers will not take your offer seriously.
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Once you have your financial ducks in a row, select a local realtor and start looking.  If you do not have an agent, and start talking to listing agents, you are not going to get a better price.  The listing agent already has a contract with the seller and is obligated to get them the best price. If that listing agent "double ends" the deal, meaning that they represent the seller and you in the same transaction, they get the whole commission.  Having your own Relator is a far better way to go for any buyer, first-time or experienced.
Good Luck

  • April 04 2012
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Having a realtor present for any transaction is highly recommend especially if you're a first time home buyer. Their experience will save you both time and money in the end. Do you have a success story yet? I'm sure by now you're enjoying your new estate.
  • July 15 2013
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Profile picture for Devin Haub Remax
Having an agent as a buyer, and especially a first time buyer, is very beneficial. Not only can your agent help you find the best home for you, he or she can negotiate the price to get you an excellent deal. Also, it is good to know that as exciting as it is to buy a home, it is an emotional roller coaster that your agent can answer questions to help you have a great experience. Since having an agent as a buyer is no cost to you (the sellers pay the agent fees) feel free to always use a realtor on the buying side!
  • April 05 2012
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Yes, you need an agent and the great thing is that we get paid by the seller.

I would suggest finding an agent that sells at least 10 homes a year to buyers.

Thank you,

Scott Killian
  • April 05 2012
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Profile picture for Y.Hernandez
Select a local loan consultant, what's the best way of selecting a loan consultant, I do not know any, could that be my bank?
  • April 04 2012
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Yes, you Def. Need an agent, as a first time home buyers there are a lot of steps you have to take, and an agent will helo you with every step of the way.
  • April 04 2012
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