Buying a home or other real estate can be tricky. Because of the internet, it is possible for you to do a lot of the work yourself, but there is no substitute for an experienced professional. A crack negotiator who knows the Chicago market can save you time, money and heartache by helping you make the right offer. A good agent knows when to play hardball when necessary and when to back off.
Why You shouldn’t use their agent
Call the agent on a property listing that you like is a bad idea. That agent is working for the seller, who is trying to get you to pay top dollar for their home. You need your own representation with your interests in mind. A “buyer’s agent,” will represent you exclusively and work on your behalf to get you the property at the best price possible.
Hiring a Buyer’s Agent doesn’t cost you anything
It’s more or less free to hire a Buyer’s Agent. Yes, the agent’s commission (typically 5%-8% of the purchase price) comes out of the seller’s sale proceeds, but the home is priced to account for the agent’s cut. This means you will be paying for an agent wether or not you hire one. On top of that, a good agent can negotiate extra savings for you. All home buyers should have their own agent.