With many Vancouver real estate listings now available online, many buyers question whether they really need a Realtor. Well, I’m here to answer this once and for all! In order to do that, I’m breaking the issue into two topics: can you buy Vancouver real estate without a Realtor and should you buy Vancouver real estate without a Realtor.
Can you buy Vancouver real estate without a Realtor?
The short answer is: “yes, you can”. There is no legal requirement that you work with a Realtor. Only 10-20% of homebuyers, however, take this route. Maybe you’re asking yourself: Why is that?
When you work independently, any Realtor involved in the sale isn’t on your team. They either work for the seller or they serve as an independent party to the sale. That means that, while they are required to be honest and fair with you, they will not fight to get you the best deal. In fact, if they work for the seller, they will fight for that person to get the best deal –even if it means you paying more for less.
So, should you buy Vancouver real estate without a Realtor?
The answer to this question is even shorter… NO!
It is never, ever, ever recommended to buy Vancouver real estate without a Realtor.
When you are investing in Vancouver real estate, you need to have a professional in your corner.
Think about it like a legal matter – would you want to handle negotiations or go into court without a lawyer? Of course not! We know that lawyers are professionals who can use their expertise to help us.
Vancouver Realtors are the same.
So what does a Realtor bring to the table?
- Knowledge of the city and its neighbourhoods
- Knowledge of the Vancouver real estate market
- Expertise in negotiating sales and getting you the best deal possible
- Knowledge of data, information, and strategies about the market that help in the negotiation process
- Access to properties that never hit the market
- Connections that help get you the right home and make the buying process easier
- Experience dealing with closing sales
- Experience in the property transfer process
- So much more!
This list could keep going and going. In truth, searching listings is the smallest part of a Realtor’s job.
Now you know why you should work with a Vancouver real estate Realtor, the question becomes which Realtor is right for you. Before hiring someone, it’s important to make sure that they are the right person to represent you! Want someone who will help you find your dream home for the perfect price while treating you like family? Then we should work together! Drop me a line and let’s connect!