Q&A: "Do I really need a Realtor to buy a house?"
By Mike Cooper, Broker VA,WV, Your Neighborhood Real Estate Sales Pro
(Cornerstone Business Group Inc)
Do I really need a Realtor to buy a house? The simple answer is, "No." The smart answer is, "Yes." Anyone can buy a house without a real estate agent, but there are advantages to having an agent represent you in a home purchase. Last year, I sold a property for a wondeful family. They had bought their home directly from the seller without representation. When I did the preliminary CMA to determine value, I was surprised at what they paid for the home considering they bought it on the down side of the market collapse of 2008. In my estimation, they paid $60,000 higher than the market was demanding at the time. When we listed their home, they received an offer that was quite a bit lower than the list price, and they ultimiately gave concessions that dropped their return approximate...
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