With information so accessible nowadays, many home buyers and sellers wonder if they really need the services of a real estate agent. Information is helpful but the guidance, convenience, and personal touch that a real estate agent provides is something no online data can compete with. Here are 6 reasons why:
- Real estate agents have the experience
An experienced real estate agent is essential to the home buying or home selling process. What these real estate agents have learned over the years, they turn into nuggets of wisdom that they use to guide you in your real estate transaction.
- Real estate agents have intimate knowledge of the neighborhood
When you’re buying into a neighborhood, you need to know everything about it, including the weather, demographics, schools, restaurants, and public transportation systems. While you may find this information online, a real estate agent can give you in-depth knowledge about your chosen neighborhood. They can tell you less-common facets of that neighborhood, as well as hidden but interesting nooks and crannies that only the locals know about.
Real estate agents will also provide you with “comps” or comparable sales.
These comps are useful to both buyers and sellers because these make comparisons of similar homes in your neighborhood. Information here is valuable so you can decide on the best price for a home in a certain area.
- Real estate agents know the current market conditions
Agents make it their business to know about the local real estate market and current real estate trends. They research on factors that cause market movements and make sure they always have updated market information. They can tell you if the type of market your house will be in, is in is a buyer’s market or a seller’s market. Data like this greatly affects the price and inventory of your chosen area.
- Real estate agents have a huge network of connections
When you work with a real estate agent, you also gain access to their connections. Looking for a home stager, home inspector, real estate attorney, or mortgage broker? Your agent can provide you with a list of reputable individuals or companies that you can choose from. Real estate agents have already built and established strong connections with these vendors.
- Real estate agents have good negotiation skills
Negotiating is a crucial aspect in the home buying and home selling process. Homebuyers should work out an affordable price while home sellers need to negotiate for the highest reasonable price.
Real estate agents must be masters of the negotiation process. They can stay professional and unbiased throughout the transaction to get a deal that’s fair enough for both buying and selling parties.
- Real estate agents can handle all the paperwork
Buying and selling a home also comes with tons of paperwork that your agent will help you prepare. Documents such as reports, forms, and disclosures are quite technical and differ among states. Making a mistake while filling out certain documents could end up costing you a large amount of money.
Don’t make the mistake of not working with a real estate agent. Ensure home buying or home selling success with the help of the Wanda Charles Group. Give us a call today at 469-294-3399.