For sale by owners:
1) Most often For Sale by Owners do not have their home listed with an agent because their asking price is above the market price and often times their assessment of value is not objective. They may also feel they are not required to tell the Buyer any of the negative details of their property or the area. It is best to have an agent working for you, with your best interest as their number one goal,and with an objective view of each property as an investment.
Buying a home without a real estate agent:
2) Assuming you can do it all yourself. The Internet allows users to handle for themselves many of the tasks that could once only be performed by real estate agents. The NAR profile, for example, found that the number of home buyers who first learned of their homes on the Internet has been rising in recent years-to 32 percent in 2008, up from a tiny 2 percent in 1997. Accordingly, the number of home buyers who first learned of their homes through agents has been declining-it was at 34 percent in 2008, down from 50 percent in 1997.
But although the Internet can provide heaps of helpful tips and research, it would be a mistake to assume that the Web is all you need to buy a house-unless you are an experienced real estate investor. The process of purchasing real estate can be extremely complicated from a legal standpoint, and it's easy to make a mistake if you don't have an expert advising you. And when it comes to something as expensive as real estate, those mistakes could cost you thousands of dollars. "Doing all the paperwork yourself is a huge mistake," says Joshua Dorkin, CEO of BiggerPockets.com, a real estate networking and information site. "There are so many things you can miss on a contract."
For more information on buying or selling a home in Berlin, NH please don't hesitate Matt Martel from RE/MAX Northern Edge Realty (603) 723-0521 or email me at matthewmartel@remax.net
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