Why use a real estate agent?
Buying and selling a house can be burdensome. Real estate agents help you through the entire process. Here is a list of why using a real estate agent will be beneficial to you.
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Market Knowledge
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Negotiating
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Real estate agents have access to the latest market data. They can provide reports of historical data and comparable homes to help you get the house at the right price. Also, real estate agents can give you advice on purchases that fit within your price range. Being a real estate agent is a full-time job. While you are busy with work and your responsibilities, the real estate agent will compile a list of all houses that are available to you.
Contract Handling
Real estate agents deal with contracts and conditions on a daily basis. If you are buying or selling a home, the agent knows which conditions can be removed, and which conditions should be used to protect you. Without using an agent, it can be very easy to lose your deposit or even get sued for not fulfilling your end of the contract.
Inspections
Before buying or selling a home, there is a final inspection of what needs to be fixed prior to the sale. An agent will help you go through the inspection report, and help you decide and negotiate what needs to be fixed before the sale of the house is finalized.
Networking
Agents network with professionals who provide services to buyers and sellers. They know which vendors are reputable, have good pricing, and are efficient. These vendors include inspectors, movers, lawyers, plumbers, tile inspectors, and more.
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This can be one of the hardest parts in buying or selling a house. It isn't always an easy going relationship between the buyer and seller where both parties are reasonable and keep everyones best interest in mind. A real estate agent can make the negotiations smoother while keeping your best interests in mind. The agent can convey your concerns without offending anyone and disrupting the sale. In addition, a real estate agent can help you get creative with offers to get you the best deal.
Convenience
Buying or selling a house on your own will be time consuming. If you are in the market to buy, you will have to find homes that meet your needs, fit in your price range, and get in touch with the seller or agent to schedule an appointment. A real estate agent can handle all of this for you. In addition, if you are selling your house without an agent, you will need to handle all inquiries on the house. This includes answering the calls, providing answers to any questions, and schedule appointments on your own. This can be difficult with a busy schedule, and many buyers will move on if these don't take action quickly. A real estate agent will take care of all of this for you, and will be able to show your home when you aren't available.
Closing Process
Having an agent will make you feel at ease during the closing process. They will be at the closing table with you, and will be able to explain any part of the paperwork that you have questions about. Also, things can go wrong after closing. This can be taxing authorities that collect property tax assessments, and doc stamps or tax stamps that can fall behind and mix up invoices. Having an agent can help you sort through the confusion.
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