• Robert Floris CFP, AMP
    Lead Mortgage Agent
    M08004919
    905-574-9200 Ext. 215

  • Top 5 Reasons To Use A Realtor

  • Top 5 Reasons To Use A Realtor

    Reasons To Use A RealtorBuying your first home should be a memorable experience, but for many it has become a nightmare. We all like to think we know what we are doing, but let’s face facts. We can’t all be experts at everything. These are Reasons To Use A Realtor. Consequently, at Robert Floris’ Mortgage Architects office in Hamilton, Ontario, we would like to help you when you first buy a home. Most importantly, make sure you get preapproved for a first quality mortgage before you start looking. Incidentally, what does a pre-approval mean? It means that your financial situation has been properly scrutinized to indicate what you can afford. Therefore, this is a critical step in the homebuying process to avoid nasty surprises. Secondly, have a professional realtor help you in your first home search. Here are 5 Reasons To Use A Realtor to help you make the process seamless:

    1. Cost

    Reasons To Use A RealtorMany clients at our mortgage business believe they will get a better deal if they negotiate the house price themselves. Do not be deluded. This is one of the Top Reasons To Use A Realtor. The listing realtor has the true relationship with the vendors. Besides, it costs the purchaser nothing to have representation. The vendor pays the commission. Thus, it would be crazy to enter a house negotiation without experience.

    2. Professional Knowledge

    Reasons To Use A RealtorMany of our past clients have entered into negotiations and have purchased houses for prices which exceed the neighbourhood average. A top-notch realtor will know the area like the back of their hand and will show you similar homes which have sold prior to entering a bid price. This brings us back to the #1 Reasons To Use A Realtor: cost. This knowledge will probably save you money.

    3. Protect the Consumer

    Reasons To Use A RealtorThis week, I had a couple visit my office who, in their words, “bought a lemon”. As a result, they have spent $60,000 in the last year repairing this money pit. First quality realtors will put in clauses such as:

    a. Purchase subject to inspection:

    An inspection of the home by a qualified professional would have detected the above-clients’ deficiencies.

    b. Subject to mortgage financing:

    Although a preapproval is a good start, adding a financing condition will protect the clients while buying their dream home until they have secured financing. In 2018, we saw many deals blowup with purchasers not being able to get financing.

    4. Experience In Handling Contracts

    Reasons To Use A RealtorMost clients have never seen even seen an offer of purchase and sale before. These contracts can go from five pages to over 50 pages for new construction! Furthermore, these also contain terms that you probably do not understand. Thus, why, why, why would you trust all the details? You do not have to.

    5. Realtors Help With Titles And Rights

    Reasons To Use A RealtorAs an example, most purchasers want the window coverings to be included as well as  the fridge and stove. A realtor will help you negotiate these items, thereby saving you money again. One of our clients wanted the vendors’ pool table. They asked for it, and the realtor got it! Additionally, purchasers have rights to inspect the home after signing but before closing the deal. Furthermore, many clients want to measure and inspect areas of their future purchase which may need renovations.

    Now go out and make your purchase of the home a good experience!

    Robert Floris is a Mortgage Broker. His office is located at 651 Fennell Avenue East in Hamilton, Ontario. If you would like to speak with Robert, he can be reached at 905-574-9200 #215. Alternatively, you can contact Robert here.

    If you would like to apply for a mortgage online, please follow this link.

    If you would like to see our Google reviews or leave one yourself, you can do so here.

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