Buying or selling a home can be both exciting and a bit intimidating. While many people might be tempted to reduce the costs associated with buying or selling real estate by eliminating real estate agents, the help of these professionals can be invaluable.
If you are thinking of dipping your toes in today's real estate market, here are three reasons why you can't afford not to hire a real estate agent in the future.
1. Real estate agents help you manage your paperwork.
First time buyers and sellers might not realize the amount of work involved in a real estate transaction. While property deeds in the past might have been a single page, today's real estate purchase agreements more closely resemble a novel.
Keeping track of this paperwork is a monumental task, but it is a task that real estate agents have experience with. To prevent yourself from becoming overwhelmed with paperwork and to avoid potentially losing an important document, allow a trained real estate agent to assist you with your real estate transaction.
2. Real estate agents reduce the amount of time required to complete a real estate transaction.
If you have made the decision to buy or sell a home, you likely want to complete the transaction as quickly as possible. With so many homes available on the market today, it can be difficult for both buyers and sellers to move their properties in a timely fashion. In fact, the average buyer looks at a minimum of 10 homes over 12 weeks before making a final decision.
If you want to reduce the amount of time required to complete your real estate transaction, the help of an agent, like those at The Gresham Group, can be invaluable. Agents help buyers narrow their search to find properties that will meet their needs, eliminating wasted time spent looking at properties that don't fit the bill. Sellers can benefit from the marketing done by real estate agents, which can help make a property more visible in a saturated market. This will attract more buyers and reduce the amount of time your house will sit on the market.
3. Real estate agents can help you buy low and sell high.
If you are buying a home, then you likely want to get the best possible deal on your purchase. If you are selling a home, you want to ensure you receive a fair market value for your property.
A real estate agent can help you buy low and sell high by evaluating comparable properties in the area surrounding a home. Information on these comparable properties is available only to real estate professionals, and your agent can use this information to ensure you make the best deal possible on your real estate transaction.
While you might believe that working with an agent will cost too much, the benefits these real estate professionals provide when it comes to completing a real estate transaction are invaluable.