Buying or selling a house is a huge undertaking and it’s perhaps the most expensive thing that most people will do in their lifetime. Choosing an experienced Real Estate Agent that has your best interest at heart is far more efficient and easier than trying to do it all yourself. The knowledge and experience alone are well worth it.
Here are the 6 benefits of working with an experienced real estate agent.
Market: A Real Estate Agent has the required market knowledge. They understand the current condition of the market and how that will affect your decision to buy or sell at any given time. Real Estate Agents have all of the current data on average cost per square foot, median sales prices, average sales prices, how many days on the market, and the ratios of list-to-sold prices. They can help you to navigate through the market in record time.
Business Knowledge: From appraisals to home inspections to hazard insurance, title insurance and the property taxes you’re going to appreciate that the Real Estate Agents know what they’re doing. They can explain each of these processes and how they work so that you understand what is going on.
Price: In spite of what many believe, the Real Estate Agents aren’t the ones that are setting the prices. Of course, the Real Estate Agents can help and give some input on this, however, they’re not the ones that ultimately set the price of a home. They can see what the average selling price is for a specific neighborhood and help by advising you on what a good offer would be for that particular home in that particular neighborhood.
Resources: Real Estate Agents will have plenty of resources to locate an ideal property and they will have the required negotiating skills to make sure that it happens. Typically, Real Estate Agents use a service called MLS or Multiple Listing Service to locate properties that will match a wish list. They can email a link to you for a listing that they believe you might be interested in and they can select the ideal homes for you to take a look at.
Negotiations: Real Estate Agents are expert negotiators. Part of their job is to negotiate the best price for their clients. Since the Real Estate Agent can remove themselves from the emotional part of buying, they are excellent at keeping their client’s best interest at heart and making sure to negotiate the best deals.
Experience: Professional Real Estate Agents are experienced at their jobs and can step in when their clients need help. They can negotiate the entire process and the best deals to ensure the successful closure of a real estate deal.