Do You Need To Work With A Real Estate Agent?
It is essential to understand the importance of a real estate agent for you to be convinced that you need the services they offer. Some people fail to understand this, and they lack trust in real estate agents such that they have never considered hiring one. A real estate agent can do many things that you will never be able to do individually because you lack their skills and expertise.
Although some buyers and sellers of property can carry out the activities solely without the help of an agent some cannot. For some people an agent is unnecessary. Agents get either an A or an F in their performance. Some consumers prefer doing it all by themselves instead of working with agents whose performance is an F. if you work with a good agent; they add value to the transaction instead of bringing you down. You will make more money selling with a good agent than by yourself.
So how do you know if you need to work with a real estate agent? The following will guide you through:
Do You Require A Listing Agent To Sell Your Home?
If you are selling the property, you can find a buyer of your own but as mentioned above, having a real estate agent will help you to net up to 22% more depending on the real estate market. Some markets have many buyers, all you need to do is advertise, and buyers will reach out to you with various offers. Ask yourself whether you have enough experience to deal with multiple offers. Having a real estate agent working for you ensures that multiple offers receive adequate handling. An agent will ensure you are not sued for handling them in the wrong way. The agent will also make sure that you get the best offer and close the deal for you. This is for the sellers’ market.
In the buyers’ market, you will also need the services of an agent because buyers are fewer.
Listing Agents Can Bring Added Value to a Transaction
The agents are well aware of the properties and the features they have. They know why some houses sell for higher prices and others do not. The kind of knowledge about what people look for when buying property will guide your agent in selling your home at the highest possible price it could go or in the market.
Buyer’s Agents Work For The Buyer And Not The Seller
A buyer’s agent if you want to buy property will always have your best interest at heart, and this is what they present to the seller. They negotiate on the buyer’s behalf and provide them with insightful information about the property they want to purchase. They are also dedicated to keeping any confidential information about the buyers discreet.
The following is a list of services you will receive from a buyer’s agent and which you may be unable to acquire on your own:
- Provide revenue statistics from MLS depending on map inquiries
- Calculating annual facts and trends in an area
- Suggest a pricing strategy and plan
- Is a buffer between you and the seller’s agent
- Pull property files that show the history of the property, essential data, neighborhood services, and demographics.