Why First-Time Buyers Need a Real Estate Agent
For first-time homebuyers, navigating the real estate market can be intimidating. Thankfully, real estate expert Loida Velásquez, with Team BC at Real Brokerage, is here to guide you through the process and explain why working with a real estate agent is essential for a successful experience.
Why Do You Need a Real Estate Agent?
Loida emphasizes that hiring a real estate agent is not just helpful—it’s necessary. Agents are well-versed in contracts, laws, and best practices, ensuring buyers make sound investments. Real estate agents also act as advocates, negotiating the best price and terms for their clients while protecting them from potential legal pitfalls.
Loida explains, “If you’re a first-time buyer, chances are you don’t know real estate laws or the things that could hurt you. The last thing we want is for you to make a mistake that could lead to legal issues.”
Beyond handling contracts, real estate agents conduct thorough research to ensure their clients make informed decisions about the properties they’re considering.
How to Find a Real Estate Agent
Finding the right agent is a critical step. Loida recommends:
Asking friends or family for referrals to agents they’ve worked with.
Searching for active agents in your area.
Exploring social media platforms like Instagram, Facebook, and YouTube to find agents actively sharing real estate insights. Social media-savvy agents can often uncover off-market properties and provide unique opportunities.
The Pre-Approval Process
Loida stresses that buyers cannot view properties without lender pre-approval. Pre-approval determines purchasing power, helping buyers focus on homes within their budget. “The last thing we want is for you to fall in love with a home you can’t afford,” Loida notes.
Once pre-approved, buyers can confidently begin the shopping process, viewing homes that meet their criteria and budget.
Managing Expectations for a First Home
Loida reminds first-time buyers to manage their expectations. Starter homes may not have all the bells and whistles seen in catalogs or on TV. Buyers should be open to homes requiring minor cosmetic updates, such as new paint or carpet, while focusing on the home's potential and suitability for their needs.
Take the Next Step
If you're ready to begin your home-buying journey, Loida Velázquez and her team at eXp Realty are here to help. With her expertise, you can navigate the market with confidence and find the perfect home for your needs.
