How Do You Begin the Buying Process in Monroe?

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Today, we want to discuss a topic many people have asked about recently: the home buying process.

The first thing to do when buying is to go speak with a lender. They can help you see what you can afford and whether you're eligible for a mortgage. Even if you're 6-12 months out from buying a home, it's never too early to speak with a lender. They'll go over all of your finances and help you improve your credit score if needed.

If you have any questions about the first step of home buying, don't hesitate to reach out to us. We would love to hear from you! 

For Sale By Owner vs. Listing with an Agent

Want to sell your home? Get a FREE home value report 
Want to buy a home? Search all homes for sale

We're frequently asked by people whether it's better to sell their own home or have a real estate agent assist in the process. Most people prefer to sell their own home because they don't want to have to pay a Realtor the commission.

However, what most people don't realize is that using a real estate agent to sell your home nets you 8-10% more on the sale price, so the agent's 6% commission is nearly paid for by itself. An agent will also do all of the work for you. Selling a home is a full-time job that requires skill in negotiation, marketing, and much more. Real estate agents work with a plethora of industry professionals such as lenders, title companies, contractors, insurance agents, and more. 

If you're looking to sell for a profit, using the professional skill set of a real estate agent is the only way to go.

With this being said, there are certain scenarios where a FSBO sale may be better for you. If you're selling to a family member or a friend and you're not concerned about making a lot of money, then this may be a better option. 

If you need assistance buying or selling a home in Monroe, please don't hesitate to contact us. We would love to help you!