5 Signs You Should Invest in Hire a Real Estate Agent

Posted by: Equity Assets Realty
November 17th, 2015
 

People have the desire a own a new home in their lifetime and looking for a best options and attractive packages that suit his needs & rightly optimized for his living standards.  Is this a very much necessary to hire a new real estate agent or sell/buy your home by yourself? How a real estate agent can make a difference in this competitive world of real estate?

Here are some reasons that might influence you to hire a professional real estate agent:

Real Estate Agent

Real Estate Agent. Image Source: www.360realtytampa.com

 

 

  1. Better Understanding:

A real estate agent is the key player to liaison between the buyer & the seller. This means that he or she will have easy access to all other properties listed by other agents. Both the buyer’s and seller’s agent work full time as real estate agents and they know what needs to be done to get a deal together. For example, “if you are looking to buy a home, a real estate agent will track down homes that meet your criteria, get in touch with sellers’ agents and make appointments for you to view the homes” (http://www.forbes.com/2010/05/25/why-you-need-real-estate-agent-personal-finance-commission.html)

On the other hand, if you want to sell/buy your homes by yourself, then you have to follow some procedures that may be not always perfect or trustworthy by your buyers/sellers.

 

  1. Negotiations Made Easy:

A real estate agent can play a vital role in negotiating and do the deal between buyers and the seller transparently. An experience agent is quite capable of doing things more efficiently and gets the job done with ease.  There are always some changes and choices that a buyer might prefer from the seller and a efficient real estate agent can easily convey that message to his/her client and made the deal more effective.

 

  1. Do Necessary Paperwork:

“If you decide to buy or sell a home, the offer to purchase 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.”  See more : (http://www.forbes.com/2010/05/25/why-you-need-real-estate-agent-personal-finance-commission.html)

 

  1. Rely on Real Estate Agents:

A professional real estate agent bound by certain laws and regulation that he/she cannot ignore & protect his/her clients’ interest and handles the buying/selling process more conveniently and   trustfully.  “If you are working with a licensed real estate agent under an agency agreement, (i.e., a conventional, full-service commission agreement in which the agent agrees to represent you), your agent will be bound by common law (in most states) to a fiduciary relationship. In other words, the agent is bound by license law to act in their clients’ best interest (not his or her own)”.  (See more: http://www.forbes.com/2010/05/25/why-you-need-real-estate-agent-personal-finance-commission.html)

 

  1. Save Money & Time:

Although it seems confusing to everyone that agents do not optimize home prices for buyers and sellers. But truth is a professional real estate agent can solve the price problem without any hassle and complete the deal with a suitable & minimum amount of commission for the both parties and handover the property. “If a listing is at 7%, for example, an agent has a 7% vested interest in the sale, but the client has a 93% interest. 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.” (See more: http://homebuying.about.com/od/realestateagents/tp/Whyhireagent.htm)

 

Conclusion:

It’s quite obvious that people can buy or sell their own house without the guidance and expertise of professional real estate agents but when it comes to handle different documents and complex paperwork, real estate agents are the most essential and must have for any home buyers or sellers as a guide or as a professional. Now it’s your decision whether you hire a professional real estate agent or handle all these difficult situations all by yourself!

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