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Why use a Real Estate Agent When Buying?

Real estate transactions involve one of the biggest financial investments most people experience in their lifetime. Transactions today usually exceed $125,000. If you had a $125,000 income tax problem, would you attempt to deal with it without the help of a CPA? If you had a $125,000 legal question, would you deal with it without the help of an attorney? Considering the risk, it would be foolish to consider a deal in real estate without the professional assistance of a Franklin Realty Consultant.

But if you're still not convinced of the value of our company, here are a few more reasons to use us in the purchase of your property:

1. It costs you NOTHING! Enjoy the benefits of working with an experienced real estate professional at no cost to you. The sellers are the ones who pay for our services while you enjoy the assistance you need to buy your home.

2. Your Real Estate Agent can help you determine your buying power -- that is, your financial reserves plus your borrowing capacity. If you give your agent some basic information about your available savings, income and current debt, we can refer you to our in house mortgage company that can take care of the loan process and help you determine what price range and comfort zone is right for you.

3. Your Real Estate Agent has many resources to assist you in your home search. Being members of the Multiple Listing System, our agents can show you any home listed in MLS listed by any MLS office in the area. In addition to the MLS, we usually have several exclusive in house listings not easily accessed by the general public. Sometimes the property you are seeking is available but not actively advertised in the market, and it will take some investigation by your agent to find all available properties.
4. Your Real Estate Agent can assist you in the selection process by providing objective information about each property. Franklin Realty Consultants have access to a variety of informational resources. We can provide local and countywide information on utilities, zoning, schools, etc. Also we can help answer the two main questions all buyers need answered before their purchase: will the property provide the environment I want for a home or investment? And, will the property have resale value when I am ready to sell?
5. Your Real Estate Agent can help you negotiate. There are myriad negotiating factors, including but not limited to price, financing, terms, date of possession and often the inclusion or exclusion of repairs and furnishings or equipment. The purchase agreement should provide a period of time for you to complete appropriate inspections and investigations of the property before you are bound to complete the purchase. Your agent can advise you as to which investigations and inspections are recommended or required.
6. Your Real Estate Agent provides due diligence during the evaluation of the property. Depending on the area and property, this could include inspections for termites, dry rot, asbestos, faulty structure, roof condition, septic tank and well tests, just to name a few. We can assist you in finding qualified responsible professionals to do most of these investigations and provide you with written reports. You will also want to see a preliminary report on the title of the property. Title indicates ownership of property and can be mired in confusing status of past owners or rights of access. The title to most properties will have some limitations; for example, easements (access rights) for utilities. Your Agent and title company can help you resolve issues that might cause problems at a later date.
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7. Your Real Estate Agent, through the use of our in house mortgage company can help you in better understanding different financing options and specific loan programs that benefit you best for your purchase.

8. Your Real Estate Agent can guide you through the closing process and make sure everything flows together smoothly, during and after your purchase.

9. Again, full representation by a Real Estate Agent at Franklin Realty Consultants costs you absolutely NOTHING.

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