How to Buy A Home in Miller Place NY Without an Agent

by | Jun 21, 2017 | Real Estate Services

A few years ago, people who wanted to Buy A Home Miller Place NY did so by hiring a Realtor. In fact, people did not know of any other way of buying a home. However, with information readily available at every turn (thanks to the internet), potential buyers can tackle the task on their own. The reason is that this method of acquisition has a number of significant advantages that very few people are willing to ignore.

The first advantage of buying real estate without the help of an agent: its economic and financial gain. Indeed, whether you are a buyer or a seller, going through a real estate agent requires you to pay the professional an agency fee, called a “commission.” In a sales order, the owner must pay the commission. However, when it comes to buying a property, this commission is the responsibility of the purchaser.

Tackling a purchase or sale on your own will save you from having to pay this fee. By doing so, you increase your purchasing power since you will have saved part of your initial budget, thereby allowing you to buy a more expensive property. The 2nd advantage of sales between individuals: there is an intact legal certainty about the process. Buying or selling between individuals offers the same legal guarantees as a sale or acquisition through a Remax Real Estate Broker. The reason for this is that any real estate transaction involving the transfer of ownership of an immovable property must imperatively go through a notary.

The requirement of this type of transaction is, thus, the common point between sales made between individuals and the subsequent sales through a professional real estate. As a result, the real estate agent normally accompanies the buyer or seller in all stages of the sale, but their role during the final stages is residual and not compulsory. Hiring the services of a notary is enough to get the real estate transaction done with a proper amount of legal certainty. The notary can be hired from the beginning of the sale or purchase and is there to ensure the transaction proceeds without a hitch. Visit online for more information.

The Must List

Categories

Archives