The Potential Risks of Buying a House Without a Realtor
AuthorKelsey Heath. Date:
Do you really need a real estate agent to buy a house? It’s a fair question, especially in a world where you can find properties through online portals and directly arrange inspections with selling agents. So, why should you work with a real estate agent if you can do the work yourself? And what are the risks of buying a house without a realtor? After all, their commissions don’t come cheap – typically 2-3% of the purchase price. If you’re watching every dollar on this major purchase, it’s tempting to think you can handle it yourself and potentially save money instead. But before deciding to go solo, it’s important to understand the very real risks you expose yourself to without professional guidance. Sure, you can technically buy a house without an agent. No law says you need one. But that doesn’t mean it’s smart. Real estate transactions are loaded with … Continued
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