So why should you use a Real Estate agent anyway? I mean, you have Google right? Here are some of the reasons that using a Real Estate specialist can benefit you, whether you're buying or selling.
1. A phenomenal guide. Buying and selling a home usually requires dozens of forms, reports, disclosures, and many times, other documents. The basic purchase agreement is up to 10 pages in 2019. Mistakes or omissions could cost you a lot of money. A real estate agent has so much attention to detail and has your back. They are familiar with all of the paperwork needed. Wouldn't you feel better having a professional on your side that can speak the language?
2. Peace of mind with confidentiality. Think about this. You decided you wanted to buy a home that's a For Sale By Owner. Unlike a real estate professional, that owner is under no legal obligation to keep your financial information confidential. When you choose to use a licensed real estate agent you are protected and have outlets for recourse should your information be disclosed.
3. They know what to look for. You took the time to make your list of wishes for your new home. You know how many bedrooms and bathrooms, and what type of neighborhood. Your agent listened to that and is showing you the homes on your list. But you have those dreamy stars in your eyes. Your agent is looking for things that you might not be thinking of. They're skilled in recognizing the tell tale signs of issues like leaks, roofing concerns, or mold or insect problems. On a seller's side, you know exactly how much you want for your home, but is that price reasonable? An agent is familiar with comparable market sales and some can do comparative market analyses in their sleep. This experience and knowledge can end up saving you thousands and get that home sold fast.
4. Negotiations. Real estate agents are trained in negotiations. They can remain objective and make sure you get the best possible deal. You may consider offering $10,000 more for the home you want, when an agent knows that's not necessary because they're aware of bargaining chips that you may have. Maybe you're selling your home, an agent can help you choose a buyer that can bring you more money in the long run.
The bottom line: going into a new transaction with a real estate agent can clear the fog, save you a ton of headaches and a lot of money.
Are you listing or buying? Give us a call today! Or head on over to Contact Us at the top of this page.
Join me next week when we talk about down payments and first time home buyers!