Top Reasons to Hire a Realtor When Buying a Fixer-Upper
Buying a fixer-upper can be a great investment, but without the right guidance, it can quickly become overwhelming. A real estate agent is essential in helping you find the best opportunities while avoiding costly mistakes.
A local Realtor has insider knowledge of neighborhoods that are up-and-coming, where home values are likely to rise due to gentrification. They also have access to off-market homes and distressed properties that may not be listed publicly. These hidden gems can offer better deals than those found on the Multiple Listing Service (MLS).
A real estate agent will connect you with reliable contractors, inspectors, and lenders who specialize in renovation loans. They can also help you negotiate a deal that works in your favor, whether that means securing a lower purchase price, requesting seller credits for repairs, or negotiating a longer closing timeline to accommodate renovation planning.
Buying a fixer-upper requires strategy, market knowledge, and strong negotiation skills. Without a Realtor on your side, you could end up paying too much or missing out on a great investment.
If you are thinking of buying your first home or investment property, get in contact today!