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Are you in the market for a home? Many homebuyers are hesitant to hire a real estate agent because they do not think that it is worth the investment, while others believe that agents are only concerned with closing deals. If you are considering the challenge of purchasing a home without a real estate agent, you may also consider the potential risks beforehand. 

You are responsible for your own negotiations.

Negotiation is an important aspect of the homebuying process. Without a real estate agent in your corner as a buyer, you are fully responsible for your own negotiations. Experienced real estate agents will have a better understanding of the negotiation process, and this process can be exceptionally difficult to navigate without context. When you have a real estate agent working for you, you can rely on both their knowledge and experience to negotiate for the best deal possible.

You are responsible for the paperwork.

The homebuying process requires a significant amount of paperwork along the way. An experienced agent can help to guide you through the documents that may require your signature. Your agent will also help you by answering any questions that you may have, providing you with peace of mind that everything is running smoothly. 

You are responsible for inspections.

When you choose to buy without a real estate agent, you must independently determine which types of inspections to select based on the needs of the home. The majority of buyers today are unsure of how to spot potential problems within a home, such as mold and structural issues.

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