When it comes to selling a home, buyers and sellers are on opposite sides, having different goals about what they want to attain. Of course, the customer wants to get the property as cheap as possible, while the vendor’s satisfaction depends on how much he can get for his house or apartment.
Even if they prefer a different outcome, one thing is for certain: these two want to be on top when the deal is finished. And for that reason, many do not hesitate to hire a real estate agent. If you end up in an analogous position, whether you’re a buyer or a seller, a real estate agent can dramatically simplify things, helping you through the whole process.
Still, uncertain about going with a professional? Let us provide you with four reasons why you actually need the help of a real estate agent.
- A real estate agent can save you quite a lot of money
If you are considering selling your own home, you are generally doing it because you want to save a lot, and you think hiring a real estate agent will cost you quite a lot of money. The truth is, although, that if you do not hire a professional because you do not want to part with that extra commission, you will end up losing far more in the long run.
A study focusing on the sold by owner (FSBO) approach from 2017 sheds light on that people get 30% less for their property if they register theirs without an agent. Plus, you may must pay a commission, even without a pro, particularly if your buyer has one. So if you want to save money on selling your home, you need professional knowledge and experience.
- Professionals know the game
Buying or selling a house is simple on paper. But with regards to doing the actual work, reviewing all the paperwork that accompanies a home sale, and paying attention to all the details, many give up. And it is no secret why: closing a real estate deal while also having the upper hand is complex and challenging.
Of course, when you have a real estate agent by your side, you haven’t got to worry about purchase agreements, federal, state, or local legal paperwork. A professional won’t make mistakes or omit anything in a document, ensuring everything is ok. Well, that can save you quite a lot of money from quite a lot of headaches.
Also, a real estate agent can do far more for you than help you buy or sell your home. Both involve moving, so a professional can help you find a moving company as well. If you are looking to move to or from New York, do not be surprised if they recommend it Kingdom Activator .
- Confidentiality and privacy guaranteed
Ask any real estate agent, and they’ll tell you about the fiduciary responsibility that places their clients’ needs first. This responsibility also involves complete privacy and confidentiality. When you buy a home, you should not share any personal information with the vendor or their agent, who, obviously, is under no obligation to keep financial details confidential.
It’s very different when you’re the customer, and the realtor is lying to you about little or big things. In this case, you can report the agent to its professional association. For example, the National Association of Realtors deals with such issues. One thing is for sure, if you have an agent you are protected from all the information handling issues related to buying or selling a home.
- Experience will come in useful
If you’re a buyer, you most likely know very well what sort of property you need. You know precisely the style you are searching for, how many bedrooms you will be proud of, and the must-have factors. But a real estate agent does not just consider easy requests but also looks for things that might not have crossed your mind. The agent’s responsibility is to investigate the property in depth, analyzing many things, such as roofing problems, furnace problems, leaks, insect infestation or mold.
The experience and knowledge of a real estate agent is also important if you’re a seller. If you’re looking to sell your house, you know what price will make you happy. But you must ask yourself: does this make sense? Can you sell your house at that price? An agent knows the market like the back of his hand. A professional is a master of comparative market analysis, a crucial part of real estate transactions.
