Buying or selling a property is a hard decision to do. It could affect both your financial standing and even your emotional condition. That is why hiring an agent would be best for you to find or sell your home with lesser stress and faster transaction. Real estate agents act as liaison between the buyer and the seller. They might require a portion for their commission but, it could also save you from a more costly solo flight.
If you’re still having doubts about hiring one, here are some reasons why you should consider doing business with them:
1. Better Access and Convenience. Working with a real estate agent could give you a more accurate choice of the property you want to buy/sell. Since they have the lists of properties on sale, they could give buyers more precise options that suit their preferences. As for the sellers, agents could help them get the most reasonable price based from the market itself. It could be very convenient for both buyers and sellers to have an agent because it will save them time and money while the agent works for them
2. Good Negotiating Skills. It would be very hard for first time buyers and sellers to find their clients. Not mentioning the demands that would arise once they could find one. That’s where the agents can solve the case. Agents could arrange both parties’ demands and clearly discuss it to them one by one so both the buyer and the seller could understand each and make their respective considerations. Negotiation could be very dangerous especially when misunderstanding arises. So, better have your professional liaison.
3. Neighborhood Knowledge. Just before your agent contacts you to offer/update you about a property, they can already inform you about the things that concern your transaction, and that includes your future neighborhood. If you have your preferences about the environment that you want for a home, then, hiring an agent is the “rightest” choice.
4.Price Guidance. Agents do not choose for their buyers or sellers, what they do are to guide them in making the right choice. Selling agents will ask buyers to weigh all the data supplied to them and to choose a price. Then based on market supply, demand and the conditions, the agent will devise a negotiation strategy.
5.Professional Networking. Real estate agents have broad networks of other professionals who provide excellent services that you will need to buy or sell. Surely, agents will recommend those who are of good reputation, efficient, and competent.
6.Contract Handling. Contract is there to protect you and ensure that you are able to back out of the deal if certain conditions aren’t met. For example, if you plan to buy a home with a mortgage but you fail to make financing one of the conditions of the sale–and you aren’t approved for the mortgage–you can lose your deposit on the home and could even be sued by the seller for failing to fulfill your end of the contract. An experienced real estate agent deals with the same contracts and conditions on a regular basis, and is familiar with which conditions should be used, when they can safely be removed and how to use the contract to protect you, whether you’re buying or selling your home.
7.Agents are Buffers. Agents take the spam out of your property showings and visits. If you’re a buyer, your agent will whip out her sword and keep the builder’s agents at bay, preventing them from biting or nipping at your heels. If you’re a seller, your agent will filter all those phone calls that lead to nowhere and try to induce serious buyers to immediately write an offer.
Sources: https://www.forbes.com/2010/05/25/why-you-need-real-estate-agent-personal-finance-commission.html
https://www.thebalance.com/top-reasons-to-hire-a-real-estate-agent-1798906
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