Buying or Selling a House? Here’s Why Hiring a Real Estate Agent is Important!March 16, 2021 7:45 am
If you’re planning to buy or sell a house, it makes sense to hire a real estate agent. However, with easy access to the internet, you might wonder why you need to hire a professional when you can do everything on your own. Google has, undoubtedly, made our lives easier. We have every piece of information right on our fingertip. As an internet-savvy home buyer or seller, you could think of buying or selling a home through the Internet or regular advertising channels without representation. But buying or selling a home isn’t as easy as it might seem to be. It can be tempting to try and go it alone but possibly you don’t even know the basics of how things work. The process of buying or selling real estate is complicated and time-consuming. It takes several days to research properties, understand market trends, schedule tours, and negotiate a deal.
If you choose to move forward without seeking the assistance of a real estate agent, you may end up wasting a lot of time and energy. So, whether you’re a first-time homebuyer or a regular investor, hiring a real estate agent can never go wrong. With that in mind, here are some compelling reasons why hiring a real estate agent is the best thing to do.
Extensive Market Knowledge
Whether you’re a seller, buyer, or property investor, it’s important to have insights into the market conditions. Only experienced real estate agents have access to up-to-date data such as average-per-square foot cost and average house sale prices. Without hiring a real estate agent it may get tricky to get all this useful information that will eventually dictate the price at which you buy or sell a house. The best real estate agents know the ins and outs of the local market that can help in making an informed decision.
Network of Professionals
Besides knowledge and experience, real estate agents also have a connection with professionals to get things done quickly. The best agents are good at networking and work hard to keep connected with every professional involved in the process of buying and selling a house including mortgage lenders, home inspectors, and more. If you’re a seller, your agent can also help you quickly find home repair professionals, staging companies, title companies, landscapers, plumbers, and painters to make your house sale-ready and attract more buyers. Likewise, they connect buyers with inspectors, appraisers, real estate lawyers, and mortgage professionals to get things done smoothly and quickly.
Superior Negotiation Skills
The ultimate goal of both buyers and sellers is to get the best possible deal. Whether you’re looking to buy or sell a property, negotiation skills always help. However, not all people are good at negotiating and that’s where real estate agents can help. These agents have years of negotiation experience under their belts that can help you get the best possible price. Professional agents don’t have an emotional stake in the outcome and work as a neutral, third-party advocates.
Homeowners looking to sell their houses need to determine the accurate value of their property. However, emotions often cloud their perspective and they end up overestimating the value of their house. This is where a local real estate agent can help in evaluating the right pricing for your home. They use their market knowledge and compare similar properties to determine the right value. For home buyers, expert agents can shortlist properties based on their requirements and budget. Moreover, whether you’re a buyer or seller, the agent will guide you through the buying or selling process.