Why You Should Use A Real Estate Agent
Reason to Use A Real Estate Agent
You don't need to know everything about buying and selling real estate if you hire a real estate professional who does. The trick is to find the right person. For the most part, most realtors charge the same. So why not hire a person with more education and experience than you? We’re all busy in our day to day lives, why not hire someone who dedicates their day to day lives helping you buy or sell your home!
Agents take the bad seeds out of your showings/viewings. If you're a buyer of new homes, your agent will bring out the battle gear and find only those who are truly interested in your home. Your agent will filter out all the phone calls that lead to nowhere and try to induce serious buyers to write an offer immediately.
Agents either possess intimate knowledge about your surrounding neighbourhood. They can point out comparable sales and hand information to you, pointing you in the right direction. For example, you may know that a home down the street was on the market for $375,000 but an agent will have knowledge that the home had upgrades and only sold for $290,000 after 65 days on the market and after twice falling out of condition.
Real estate agents can disclose market conditions, which will guide your selling or buying strategy. Lots of factors can determine how you will advance. Data like, the average per square feet cost of similar homes, median and average sales prices, average days on market and ratios of list-to-sold prices, and etc. This information will have a huge impact on what you decide to do.
Top producing agents negotiate well because, unlike most buyers and sellers, they can remove themselves from the emotional aspects of the transaction and because they are skilled. It's part of their job description. Good agents are not messengers but rather delivers buyer's offers to sellers and vice versa. They are professionals who are trained to present their client's property in the best light and agree to hold client information confidential from competing interests.
Today purchase agreements can run up ten pages or more. That does not include the federal- and state-mandated disclosures nor disclosures dictated by local custom. Most real estate files average thicknesses from one to three inches of paper. One tiny mistake or omission could land you in court or cost you thousands. In some provinces, lawyers handle the disclosures, phew!
Even the smoothest transactions that close without complications can come back to haunt you. For example, taxing authorities that collect property tax assessments, doc stamps or transfer tax can fall months behind and mix up invoices, but one call to your agent can straighten out the confusion. Many questions can pop up that were overlooked in the excitement of closing. Good agents stand by ready to assist. Worthy and honest agents won’t leave you in the dust to fend for yourself.
The basis for an agent's success and continued career in real estate is referrals. Few agents would survive if their livelihood was dependent on consistently drumming up new clients. This emphasis on referrals gives agents a strong incentive to make sure clients are happy and satisfied with their real estate needs. It also means that an agent who stays in the business will be there for you when you need to hire an agent again. Many will periodically mail market updates to you to keep you informed and to stay in touch.
Real estate agents network with other professionals, many that provide services that you might to buy or sell. Due to legal liability, many agents will hesitate to recommend a certain individual or company over another, but they do know which vendors have a reputation for efficiency, competency, and competitive pricing. Agents can, however, give you a list of references with whom they have worked and provide background information to help you make a wise selection.
Still Have Questions About Using A Real Estate Agent?
Contact us below and we can answer your questions! Here at Andrew and Kate Real Estate, we want to help you have the smoothest real estate experience! Please don't hesitate to contact us below.