When considering selling your home, there are different options out there on how to do this. You could hire a real estate agent, try a For Sale By Owner (FSBO), or there are options in between. Here are our top ten reasons to hire a real estate agent.
- Education and Experience
You don’t need to know everything about buying and selling real estate if you’re planning on hiring a real estate professional who does.
Henry Ford once said, “When you hire people who are smarter than you are, it proves you are smarter than they are.”
- Neighborhood Knowledge
Agents either possess intimate knowledge or they know where to find the industry buzz about your neighborhood.
For example, you may know that a home down the street was on the market for $350,000, but an agent will know it had upgrades and sold at $285,000 after 65 days on the market and after falling out of escrow.
- Professional Networking
Real estate agents network with other professionals, many of whom provide services that you will need to buy or sell.
- Handling Volumes of Paperwork
One-page deposit receipts were prevalent in the early 1970’s. Today’s purchase agreements run 10 pages or more.
- Develop Relationships for Future Business
The basis for an agent’s success and continued career in real estate is referrals.
- Agents are Buffers
Agents take the spam out of your property showings and visits. If you’re a buyer of new homes, your agent will whip out their sword and keep the builder’s agents at bay, preventing them from biting or nipping at your heels.
- Price Guidance
Contrary to what some people believe, agents don’t select prices for sellers or buyers.
- Market Conditions Information
Real estate agents can disclose market conditions, which will govern your selling or buying process. Many factors will determine how you will proceed.
- Negotiation Skills & Confidentiality
Top production agents negotiate well because, unlike most buyers and sellers, they can remove themselves from emotional aspects of the transaction and because they are skilled. It’s part of their job description.
- Answering Questions After Closing
Many questions can pop up that were overlooked in the excitement of closing. Good agents stand by eager to assist.