If you’re wondering whether you should hire a real estate agent, you’re not alone. Many people have asked themselves the same question. So, why work with a real estate agent?
- REALTORS know far more about real estate than you do. Hiring a REALTOR who has all the professional qualifications and years of experience gives you access to all the knowledge and insight you need to buy the best property.
- Your agent will serve as a buffer. REALTORS prevent you from being overwhelmed by builders’ agents if you’re a buyer. They make sure you only talk to serious buyers if you’re a seller. Moreover, REALTORS help you filter out the spam.
- REALTORS have intimate knowledge of the area with easy access to information about comparable sales, social amenities, crime statistics, and demographical data of each neighborhood. All of these data points become available to you when working with an agent.
- Your REALTOR knows the best prices. They don’t choose the price for you. Instead, they help you select the right price using the available data. They also help come up with a negotiation plan based on the prevailing market conditions.
- Market conditions. REALTORS keep you informed on the numerous factors that affect the price of a property. These factors include the cost per square foot of comparable home, average/median sales prices, average days on the market, and list-to-sold price ratios among other information.
- Real estate agents are part of a more extensive network of professionals who offer related services and can refer other professionals you might need. Having worked with these other professionals many times, they can recommend reliable vendors who provide affordable, quality services.
- Your REALTOR negotiates on your behalf while maintaining confidentiality. They keep you from making unwise emotional decisions during negotiations because they’re not as invested as you are in the transaction. All while not divulging your confidential information to parties with competing interests.
- Paperwork. Using a real estate agent frees you from dealing with multi-page purchase agreements or state- and federal-mandated disclosures which are a part of nearly all real estate transactions.
- Useful real estate agents are there to continue to provide answers to questions even after closing. Complications such as tax-related issues, among other things, can emerge after closing and well-established realtors will help you resolve problems and questions that come up.
- Highly reputed real estate agents maintain a good relationship with the clients by offering the best possible solutions. It’s in their interest that you’re happy with the outcome so that you use their services in the future.
