Buying a home without an agent is risky. While there might be some potential to save money on an agent commission, trying to navigate the market without an expert could end up costing you more in the long run. Agents do more than help you understand the local market, they also get exclusive access to market information, especially on the MLS.
Another critical role they play is in the negotiation process. Your agent will be able to tell you how much to offer to begin the negotiation, what concessions you should make, what concessions you should request, and when to give in or push back. Without a knowledgeable agent by your side, you could miss out on perks like a free parking space or getting closing costs covered. Not to mention, a seller agent will know they aren’t working with a professional and try to leverage that to the seller’s advantage.