The quick answer is no. Therefore, you need to be sure you are working with a professional realtor. It is important to be clear about definitions.
Find a realtor first. Then determine if this is a person you will feel comfortable dealing with. A good realtor can soon start to seem like a member of the family.
Showing you possible homes will be a key part of their job, but they need to get to know you and your family as people so they can help find a home that will suit your tastes and needs. They also need to have a good idea of your price range and overall budget.
A good realtor should have a reliable network of trusted lenders and professionals commonly involved in the many details related to you buying a home, and they will help the sale go through smoothly all the way to closing. The first step is to get a mortgage pre-approved so you can start shopping.
Note that pre-approval means that the lender has gone through all of your financial paperwork, such as proof of employment and income, and assessed your credit report. Be sure to get a pre-approval letter if you have been shopping around on your own before working with your realtor.
Some neighborhoods have a certain character, and are more desirable than others. Not all four-bedrooms are created equal, therefore. Be sure to inform your realtor of any special requirements from the outset, such as being close to an elementary school or high school, near public transportation and shops because you don’t drive, and so on.
They will also know what similar houses have sold for recently and might be able to connect you with a bargain house that needs to be sold quickly, or which has just reduced its asking price significantly.
Leave this to the pros and they should be able to get the best price for you. It will be contingent on what the house inspection reveals.
Your realtor will want you to be happy and not stuck with a "lemon". They will recommend reliable inspectors they trust. Based on what they find, the house valuation may be lower, in which case you can adjust your offer accordingly.
They will also advise you on whether the price is in line with the neighborhood. The last thing you want is an "underwater mortgage" in which you will owe more than the house will ever be worth.
A good realtor will be willing to attend the inspection and take part actively. Two pairs of eyes will always be better than one. They can then report back their honest opinion as to your next steps and negotiate as needed.
As you can see, the right realtor can make a real difference to the house-buying process and will help you find your dream house.
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