The Importance of Working With a Real Estate Agent
With real estate information so readily available online we always get asked: “Why should we hire a real estate agent?” Our clients ponder if they could buy or sell a home using conventional; sources such as online, or directly without a real estate agent. Some people can sell/buy a home without the use of a real estate agent, but many also fail. If you’re wondering the same thing we have a list of 9 reasons why you should consider hiring a professional agent.
Education & Experience
Do you have the proper education needed to know how to handle a home purchase? Do you know what it takes to handle an inspection, escrow, closing? Henry Ford once said that when you hire people who are smarter than you are, it proves you are smarter than they are. The secret is finding the right person to work with. Most real estate agents all charge the same commissions no matter their background/education. Hiring a professional will give you more time to relax, and less time stressing over one of the biggest decisions of your life.
Someone on Your Side
Your agent will take their time to ensure they do not waste your time looking at properties that do not suit the needs of your family. A great agent will work as a middleman between you, the home buyer/seller, builders, title companies, and anyone else involved in the process. Your agent will also filter phone calls about a property for sale, they will handle negotiations, and will induce offers to come in quicker.
Location Knowledge
Agents focus on areas that they typically live in. They are well versed in the area, top of the line neighborhoods, great schools, and amenities that many home buyers typically look for when buying a new home. Agents will also know all about local home prices, sales, and issues that may save you time in the process.
Pricing Guidance
Agents do not make the prices that you see…. Did you know that? A good agent will help their clients to make the right choices without breaking the bank, or your budget. As you know the agent does have a vested interest in your purchase/sale, but they will ensure you make the right decision that is best for you in the end. With the help of your agent, the clients will weigh all information to conclude a decision on their purchase.
Market Conditions
Real estate agents research the market daily, often many times a day. Agents stay apprised of the latest sales, how long a property has been listed, as well as issues with certain homes. The benefit of having an agent on your side is that they can disclose market conditions, which will govern your selling or buying process. With all the facts you can then make an educated decision on if a home is a good fit for your family.
Networking
Real Estate agents spend many hours networking with other local professionals that you may need in the future. Building relationships with other service providers in the industry are important to many real estate agents. An agent will not personally recommend any one person, due to possible liability concerns, but they will give you a list of a few people they would give you a referral to.
Negotiation Skills
High producing agents negotiate well because they can remove themselves from the emotional aspects of a real estate purchase such as buying your first home. A good agent is not someone that is simply delivery your offer to the seller, they are there to support you through the entire purchase often speaking on your behalf with other parties.
Long Term Support System
Often questions can pop up once closing is completed that you did not think of it. A good agent will be there long after the ink dries to support you with any questions that may pop up. Feel free to call them to seek assistance with any questions you may have at any time. Keep in mind their focus is their current clients, so allow for ample time to return your phone calls. They are always happy to help their clients long term.
Developing Relationships for Future Business
Fostering relationships with clients not only makes for great reviews but also for good word of mouth referrals. It is very important for real estate agents to form relationships with their clients to build that good source of referral opportunities and potential business. This may be how you found your real estate agent. Did you ask your friends if they had a referral for a local real estate agent? So same thing…. your agent wants to be the one you refer people to.
We are here for you anytime before, during, or after your home purchase journey. Feel free to contact us today to book your first meeting with our agent, Cynthia Power.
