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Home Buying Guide

5 Reasons to Hire a Real Estate Agent


 

With tons of information easily available online, you may ask "Why must I hire a real estate agent? That's actually a very good question.

 

The following are the top five answers:

 

General Expertise

 

You won't have to know much about buying or selling real estate if you have a real estate professional who works for you. When you hire people who are more knowledgeable than you, it only shows that you are really more knowledgeable than they are. How to find the right person is the challenge. They will all cost you just about the same for the most part. We all need more time in our lives, and working with pros gives us exactly time.

 

Local Information

 

As well, agents either have insider information or know where to get insider information about your target area. They can give you important facts and statistics, especially those related to comparable sales and location-specific concerns, such as access to hospitals, school zones, crime rates and the like. For more tips about real estate, visit http://www.huffingtonpost.com/Houzz/9-tips-for-selling-your-h_b_6616710.html.

 

Pricing

 

In contrast to what some people think, agents from Bull Run are not the ones who dictate prices for the sale or purchase of properties. However, they can guide their clients to make the smartest decisions for themselves. For instance, if a listing is at 7%, an agent will have a 7% vested interest in the sale, and the rest will have 93%. Selling agents will tell buyers to analyze all the data given to them before deciding on a price. Then the agent will draw up a negotiation tactic, based on market supply and demand, as well as the conditions.

 

Negotiation Skills

 

Effective agents are effective negotiators, and a lot of this is because they can emotionally detach themselves from the property that is the object of the transaction. It's just a job. Agents are not messengers who deliver offers from buyers to sellers and vice versa. They are trained professionals whose specialty is presenting their client's case in the best possible way.

 

Paperwork

 

One-page deposit receipts were the norm back in the 1970s. Nowadays, purchase agreements can run up to 10 pages or even more. A regular real estate transaction can require a file up to one to three inches of paper height. You could end up with thousands in penalty or, worse, in court with just one tiny error. Lawyers take care of the disclosures in some states, thank heavens!

 

By now, you're probably convinced that a real estate agent can be indispensable to you as a buyer or seller. But you have to know that agents are not all created equal. It's not enough that hire someone. Before you do, in fact, you should allot time and effort finding the best prospects in your intended location. Compare around two or three of them, placing importance on reviews given by people they have worked with. View website if you have questions.