Why Hire a Real Estate Agent?
In a market where buyers and sellers are always on the opposite side of the divide, the real estate agent remains the primary intermediary. As a middle-man between the buyer and the seller, the real estate agent is the key negotiator than can help determine whether your buying or selling process of your property is a successful one.
A real estate agent knowledge and expertise in the market make them a huge asset to both sides whether this is for buyers or sellers of property.
Hiring a real estate agent has a long list of benefits, as the agent will have expert industry knowledge of the available properties or houses for sale, both within residential real estate and commercial real estate markets within your area.
By hiring a real estate agent, the difficultly navigating the market will be eased with clear guidance and advise laid out to help point you in the right direction. However, many people are still unsure whether hiring a real estate agent is right for them, so let’s look at some of the key benefits.
Understanding of the Area
A real estate agent has a vast knowledge and understanding of your specific neighborhood. Upon a review of your requirements, a real estate agent will be able to provide a listing of houses for sale or condos for sale in your area that meet your specific needs. These needs may be the size and condition of the house right through to the proximity to the nearest school or metro station.
With access to MLS listing, real estate agents can easily dig into databases to secure client's properties securely in their specific area of interest. Similarly, when it comes to evaluating the real estate market value, agents know which property has the potential to increase or decrease in value over the coming years in your neighborhood.
Expertise in Negotiation
One of the key areas that determine whether you get a good deal in buying or selling a property is the negotiating between the two parties.
For many people who do not have the know-how or expertise in the real estate field, this can be an overwhelming and difficult task. By hiring a real estate agent this is something you won’t need to worry about, you can be sure they will do everything in their power to get you the deal you deserve negotiation for your best interests.
More Options in the Market
When hiring a real estate agent, you are increasing your options instantly to a wider list available on the market. Real estate agents can access both listed and unlisted properties and so have a more diverse range of properties at their exposal. MLS listing for sale shows all kinds of properties on the market, and through this, there is a much broader range of properties that the client wouldn’t have access to if they were to look for properties on their own.
The clear advantage here is that by utilizing a real estate agent, you are increasing your options when it comes to finding that dream home or selling your old home.
Saves You Time
Once you decide to make this big decision, there is nothing worse than the process dragging on even longer due to you not going through the right procedures or skipping some important steps along the way.
When hiring a real estate agent, they can show you a clear path and guide you along the way to ensure your selling or buying process is a successful one. By choosing to go with an experienced agent that knows the market and industry well, this can be the key decider in how quickly the process takes.
Both buyers and sellers spend hours to days looking for potential properties or potential buyers for their properties. This can be a time consuming and frustrating process that can easily take much longer on your own. Let alone the missed steps of paperwork along the way.
By hiring a real estate agent who has this vast experience in the market, you can be sure to save hemps of time and money with it almost guaranteed that your property will sell at a faster rate than if you went it alone.
Agents Know People
Networking is one of the key areas of success in real estate and will likely determine how quickly you sell or buy that home. Real estate agents are the perfect contact to have when looking to make moves in the real estate market as they will have a long list of contacts you will need.
A real estate agents list on contacts will include building contractors, maintenance specialists, legal practitioners, landscapers, and previous clients. Having these important contacts is very handy to link sellers and buyers and vice versa.
By going it alone you won’t have access to this pool of contacts and so will be looking to vet through who to contact and when to contact people in these fields.
By Mark Ollerton - Freelance Writer