If you are looking to sell or buy a home, you might be wondering whether or not to hire a Real Estate Agent. Selling or buying a home without an agent may seem like a good idea especially because you will avoid paying the agency fees and commissions. While this may be the case,
there are many other reasons why you should work with a Real Estate Agent. Let’s look at some of these reasons in the article below.
- Saves Time and Energy
The process of buying and selling a home tends to be, long, tedious, and complex. Also, if you want to sell a property, you will be required to set aside a significant amount of time to market your property, schedule appointments for the property showing, and handle numerous calls from
potential buyers. If you are a buyer, you also have to take time to shop for your ideal home and handle overwhelming calls from sellers and marketers. When you hire a Real Estate Agent, all those responsibilities will be relieved from you saving you time and energy. The agents will also help you handle the extensive paperwork including contracts, offers, counter-offers, federal, and state-mandated disclosures.
- Agents Provide Valuable Price Guidance
Real Estate Agents are well experienced in pricing properties. If you are a seller, they can guide you in setting up an accurate and reasonable price for your property that will attract buyers and
give you an appropriate ROI. If you are a buyer, the agent can help you evaluate the prices of available properties and help you make the right choice in buying your desired home.
- Agents Have Great Negotiation Skills
One of the key aspects of real estate transactions is getting a good deal for a property. For you to achieve this, you need top-notch negotiation skills. Real Estate Agents have dealt with different
clients over time and have mastered the art of negotiating for good deals. When you work with a real estate agent you don’t have to worry about how well you can handle negotiations because your agent will take up that responsibility and get you the best deal.
- Extensive Knowledge of The Neighborhood and The Current Market Condition
Real Estate Agents have lots of knowledge about properties within the neighborhoods they work in. They have interacted with different clients and probably taken part in selling or buying most
of the properties within the neighborhood. They also have information on properties that have not been officially listed therefore they can offer you a larger pool of properties to select from. Real Estate Agents understand the current real estate market. They know the current trends
within the real estate market and how factors such as unemployment and interest rates affect the market. When you engage a real estate agent, you will have access to all this information which will enable you to make a better decision.
- Agents Have Professional Networks
Real Estate Agents interact with different professionals in the course of their work. If you want to sell your home, the agent can refer you to service providers such as home repair professionals,
lawyers, plumbers, or painters. Also, if you are a buyer, you can get references for home inspectors, mortgage professionals, or lawyers. This will reduce the inconvenience of having to look for these professionals yourself.
As discussed above, there are many benefits of hiring a real estate agent whether you are looking to sell or buy a property. Keep in mind that your agent stands up for you to ensure you get the best possible deal and makes sure your interests are well-protected.