Larry Weltman - The Drawbacks of Buying a Home Without a Realtor

Planning on buying a house? Well, if you are planning on purchasing a house, then the main question arises if you need a real estate agent or not. Real estate agents are imperative for choosing your perfect home and buying the same at a very reasonable rate. But these days there’s terror in the minds of the people regarding these agents due to the picture that is shown about them on films and television. They are shown from a very negative light, and this is the reason why most of the people perceive them to be a cynical and cruel character to deal with says, Larry Weltman.

But this is not the situation in real life as the real estate agents are normal individuals with some skills and there are no laws barring us from hiring these real estate agents. But without real estate agents, purchasing a home is an entirely wrong plan. There are plenty of excellent and honest real estate agents on whom you can rely upon without much thoughts and dilemmas. Buying a home without the consultation with a real estate agent can be equated with financial suicide. The best agents in the town always prioritize their customers interest above their interest, and when you proceed without an agent to purchase a home, then you lose a lot of things. Thus, it is advised to all those who are out to buy homes to consult a real estate agent because real estate agents are committed to their honesty and work. They deal with the customers with utmost professionalism, and there is no sham involved in their work.

 

Consequences of Not Hiring a Real Estate Agent By Larry Weltman:

1. When you go out to purchase a home, then the deal is just between you and the owner of the house and in some situation, they try to trick you and tag a massive amount of price for your dream home. And this becomes difficult for you as you do not even know how to negotiate the deal without a real estate agent. The task becomes tougher when you are dealing with the owner of the house without the assistance of the real estate agent.

2. The second issue which Larry Weltman states in his recent interview is that the purchaser has to encounter with is the problem relates to the house. There might be several issues that the house might be possessed, and sometimes the owner of the house does not disclose the facts as according to them that would fetch their house a bad name and would affect the purchase of the house. So, for this reason, the real estate agent makes all sort of research for you before you purchase so that you do not get to know about the issue after the completion of the paper works and after you have completed the purchases of the house.

3. If you are new to the town and you have proceeded towards purchasing a home without any assistance from a real estate agent, then it would not be possible for you to know the neighborhood without their help. Thus, with the help of the real estate agent, you get to know about the surrounding and other issues.