and accurate completions. Buying a property is not necessarily a “fill-in-the-blanks” transaction. One mistake, could haunt the buyer well down the line after purchase. For example, a property that sat on a double lot was put on the market. The neighbor bought it to carve off a bit of the second lot to expand his own yard. The seller then put the home back on the market, and it sold. Months later, through a property tax notification, it was discovered, in preparing new deeds for the properties, the expanded yard area was correctly in the name of the neighbor; however, the house had been transferred to the home buyer. The new homeowner now owned both houses, and the neighbor owned his expanded driveway and yard. Fortunately, they were good neighbors and settled the matter with a few signatures. A real estate agent deals regularly with these contracts, conditions, and unexpected situations and is familiar with which conditions and contingencies should be used, when they can safely be removed, and how to use the contract to protect you.
YOU WON'T NECESSARIL N'T NECESSARILY SAVE MONEY
The main reason buyers might choose not to use a real estate agent is to save money. But does skipping professional representation really result in savings? In most cases, it doesn’t. Buyers often assume that purchasing a for-sale-by-owner (FSBO) home without an agent will allow them to negotiate a lower price, because the seller isn’t paying agent compensations, the seller will lower the price of the home accordingly, and they base their offer on this expectation. However, FSBO sellers usually have the opposite expectation—they’re looking to maximize their profit by keeping the compensation savings for themselves. This creates a direct
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