Risks and dangers of buying a home...
Choosing to pursue the purchase of a home without the guidance and representation of a real estate broker in today’s market can expose homebuyers to significant risks. The new rules requiring a signed buyer agency agreement before showing homes complicate the process, and without a broker, buyers may find themselves navigating these regulations alone. Without professional representation, buyers risk missing crucial details about a property, including potential issues that could affect its value or livability. They may also face challenges in negotiating the best price, handling the paperwork correctly, or understanding complex terms in contracts. In addition, brokers provide valuable insight into local market conditions, helping buyers avoid overpaying in a high-price environment. Ultimately, proceeding without expert guidance increases the chances of costly mistakes, missed opportunities, or even legal troubles down the line.
Advice for our Buyer Clients (with 2025 real‑data in mind):
- Don’t Overpay for List Price in Softening Bands
In many mid‑price neighborhoods, sellers are ceding more. If a property has been on the market for a while, look for price reductions, concessions, or seller fatigue. Use DOM and historical days to guide your offer aggressiveness. - Time Matters — Be Patient, Watch for Market Behavior
Early in the listing cycle is still valuable, but also observe how the property lands in market feedback. If a home doesn’t draw strong offers in the first few weeks, it may indicate overpricing or a waning trend. - Stress-Test Your Acquisition Assumptions
Given economic uncertainty and insurance/repair risk (especially post-Helene or in flood-prone areas), run multiple scenarios for resale, cash flow (if investing), and worst-case repair exposures. Be more conservative on margin of safety than in past hot markets.
We'll help you avoid risks of homebuying...
I am a real estate broker and brokerage owner in Asheville NC. The residential real estate market in Asheville was impacted by hurricane Helene in September of 2024. Recovery from hurricane damage has slowed the sales of homes in the Asheville area. High mortgage rates and high home prices have reduced the number of home being purchased. Write me a paragraph that explains why home buyers should use the services of a knowledgeable and experienced real estate broker to purchase homes in Asheville NC area.
Can your buy a home without the help of a local real estate sales professional? Our course you can. Should you buy a home without leveraging the knowledge and experience of a local real estate sales professional? No you should not unless you don’t care about the many legal issues that generally occur and cause you potential financial headaches and financial loss.
During the government shutdown, we are offering our buyer representation services to you for a 2% fee to help you save some significant money. Contact us for details.