There was a time when would-be homebuyers wouldn’t consider shopping for a home without a real estate agent by their side. Times have changed. It’s easier than ever to shop for and close on a home without an agent. Online resources, builder websites, and direct communication can help you manage the process yourself – if you’re prepared to put in the work.
Why it matters: Skipping a realtor can save thousands and give you full control of the process, but it demands research, organization, time, diligence, and comfort with paperwork, negotiation, and decision-making.
5 Steps to Go It Alone
1. Research
Know the market, builder reputation, home styles, pricing, and mortgage options. Vet your builder as carefully as the home itself.
2. Communication
Expect to speak often with builders, lenders, inspectors, title companies, and possibly attorneys. Ask the right questions, understand the answers, and stay informed to reduce stress.
Custom designs and new construction homes: Expect a lot of back and forth with the builder.
Closing: Communication with the sales counselor and builder is a key factor in reducing stress and anxiety.
3. Negotiation
Realtors can have an edge for negotiation, but builders rarely cut prices. You can still negotiate for closing costs and free upgrades. Be confident in asking for extras and know when to accept or walk away.
4. Organization
Track contracts, deadlines, inspections, and change orders. Stay on top of calls, meetings, and lender paperwork to keep the process moving.
5. Attention to Detail
Read every contract and document. Builder contracts vary, so understand sale terms, closing requirements, and any property restrictions before you sign. Lender documents will contain information on mortgage rate, loan amount, and payment terms. Also review and sign documents from your home insurance provider.
Bottom line: If you’re organized, detail-oriented, and proactive, you can successfully buy a home without an agent – and still get the deal and terms you want.
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Liyya Hassanali
Liyya Hassanali is a Project Manager and Content Strategist for Kinship Design Marketing, a boutique agency that provides marketing strategies and content for architects, interior designers, and landscape designers. She is a 15+ year veteran of the marketing and advertising industry, working closely with her clients to provide written content that meets their marketing goals and gets results.