I recently changed my Twitter name to something more relavant, now that I'm getting the hang of it. As KeeneNHRealtor (follow me if you'd like) I am now followed by MortgageMan.
His most recent post was titled "Do First Time Buyers Need Realtors?" and, because I work mostly with first time buyers and sellers, it peaked my interest.
At first I thought this was going to be every reason in the book why they should not hire an agent, though I could not come up with any reasons myself. As a first time buyer, it seems most crucial to have a hired expert working for you, counseling you through the process. And so I read on...
He wrote a very good blog and it is evident he can attest to the value of working on a team, a team that includes the first time home buyer, the Realtor, and himself as the lender.
Unless the first time buyer is an agent, themselves, it is in their best interest to work with someone who works in the real estate industry on a daily basis. There are so many complex issues that arise along the way, especially in this market. In the past 6 months, there has been only one transaction I can remember closing that has run into few issues before its closing.