For most people, buying and/or selling a home is going to be one of the most important transactions of their lives. That’s why hiring a professional to help you with that transaction makes perfect sense. When buying or selling a home, that professional you should consider hiring is a local licensed real estate agent.
Real estate fees and commissions have been a topic of discussion for many years. Very successful people have assistants that get paid very well to help them achieve their goals and objectives. Similarly, a good real estate agent will take the stress out of buying and/or selling a home because they will essentially do it for you.
Here are 5 reasons why a real estate agent is well worth the cost.
It’s Like Having Another You
Time is money. Buying and/or selling a home is very involved and time consuming. Having a real estate agent that understands your personal goals and objectives will enable you to focus on your daily life much more efficiently while the real estate agent works on your real estate transaction.
Very successful people don’t buy something first and do their due diligence after the purchase. Hiring a real estate agent gives you access to professional advice, local knowledge and process experience that is far better obtained before the purchase. It is far less expensive to find and fix problems before you own them. Help yourself avoid buyer’s and/or sellers’ remorse, hire a real estate professional to help you with your transaction.
Buying and/selling a home involves a series of steps that more often than not involve many people and different entities. Real estate transactions are time sensitive. As a result the steps required to complete the transaction need prompt scheduling in a specific order. Your real estate agent will know exactly how to get this done and will handle the entire process for you.
A good real estate agent will have an entire network of proven, trustworthy people and businesses that they can contact quickly that are ready and willing to perform any number of tasks or provide any number of additional services. This list includes lenders, property inspectors, contractors, attorneys, title companies and more. It’s one stop shopping.
Price and Negotiation
Hiring a real estate agent to help you price a property to sell or decide what price to offer when making a purchase. Negotiation skills are essential in real estate and any good real estate agent has negotiation skills. A real estate agent can help you get the best possible deal on the purchase of your next home and/or help you get the best price selling your home.
A real estate agent can help you:
- Identify which properties on the market are undervalued or overvalued.
- Help keep you informed on exactly what is happening in your specific market.
- Negotiate directly with buyers and/or sellers on your behalf.
- Help prevent you from overpaying for a home or not getting the full value while selling a home.
- Negotiate with buyers or sellers to cover costs of repairs or other contingencies that become apparent during the process.
Working with the right real estate agent will help ensure that you don’t have to worry about overpaying for a house, buy a lemon or sell your house for much less than its actually worth.