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Why Hire A Real Estate Agent?

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Post  realestatehanoi Thu Oct 14, 2010 8:48 pm

With so much information readily available online, clients sometimes ask me, "Why should we hire a real estate agent?" They wonder, and rightfully so, if they couldn't buy or sell a home through the Internet or through regular marketing and advertising channels without representation, without a a real estate agent. Some do OK, many don't. So if you've wondered the same thing, here are 10 reasons why you might want to consider hiring a professional real estate agent.

1. Education & Experience

"Reasons to Hire an Agent"

You don't need to know everything about buying and selling real estate if you hire a real estate professional who does. Henry Ford once said that when you hire people who are smarter than you are, it proves you are smarter than they are. The trick is to find the right person. For the most part, they all cost about the same. Why not hire a person with more education and experience than you? We're all looking for more precious time in our lives, and hiring pros gives us that time.

2. 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 her sword and keep the builder's agents at bay, preventing them from biting or nipping at your heels. If you're a seller, your agent will filter all those phone calls that lead to nowhere from lookie loos and try to induce serious buyers to immediately write an offer.

3. Neighborhood Knowledge

Agents either possess intimate knowledge or they know where to find the industry buzz about your neighborhood. They can identify comparable sales and hand these facts to you, in addition to pointing you in the direction where you can find more data on schools, crime or demographics. 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 twice falling out of escrow.

4. Price Guidance

Contrary to what some people believe, agents do not select prices for sellers or buyers. However, an agent will help to guide clients to make the right choices for themselves. If a listing is at 7%, for example, an agent has a 7% vested interest in the sale, but the client has a 93% interest. Selling agents will ask buyers to weigh all the data supplied to them and to choose a price. Then based on market supply, demand and the conditions, the agent will devise a negotiation strategy.

5. Market Conditions Information

Real estate agents can disclose market conditions, which will govern your selling or buying process. Many factors determine how you will proceed. Data such as the average per square foot cost of similar homes, median and average sales prices, average days on market and ratios of list-to-sold prices, among other criteria, will have a huge bearing on what you ultimately decide to do.

6. Professional Networking

Real estate agents network with other professionals, many of whom provide services that you will need to buy or sell. Due to legal liability, many agents will hesitate to recommend a certain individual or company over another, but they do know which vendors have a reputation for efficiency, competency and competitive pricing. Agents can, however, give you a list of references with whom they have worked and provide background information to help you make a wise selection.

7. Negotiation Skills & Confidentiality

Top producing agents negotiate well because, unlike most buyers and sellers, they can remove themselves from the emotional aspects of the transaction and because they are skilled. It's part of their job description. Good agents are not messengers, delivering buyer's offers to sellers and vice versa. They are professionals who are trained to present their client's case in the best light and agree to hold client information confidential from competing interests.

8. Handling Volumes of Paperwork

One-page deposit receipts were prevalent in the early 1970s. Today's purchase agreements run 10 pages or more. That does not include the federal- and state-mandated disclosures nor disclosures dictated by local custom. Most real estate files average thicknesses from one to three inches of paper. One tiny mistake or omission could land you in court or cost you thousands. In some states, lawyers handle the disclosures, thank goodness!

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Post  watsonliving Fri Oct 15, 2010 5:07 am

With their skills and knowledge on the real estate market, they can find the real worth of the property. An agent will guide to make the right choices. They will provide you with a shortlist of homes that suits your standards for you to weigh all the data and to choose a price. The agent will also devise a negotiation strategy for you based on the supply and demand and the conditions. This is the best thing about hiring an agent.

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Post  Shashala Wed Oct 27, 2010 12:29 am

Selling devoid of a real estate agent is a big challenge. Among the things that a real estate agent takes care of is listing of your residence on the “Multiple Listing Service”. This is the main source for the majority real estate agents who are searching for properties on behalf of customers.

Selling your house on your own can also need a huge amount of time and follow up because you will necessitate to do many of the tasks that the real-tor would traditionally do on your behalf. People who trade their own homes are one of the following.

1. Well aware with real estate procedures, rules and contracts.
2. Somewhat distracted and unprepared to misplace money to commissions.
3. Testing the waters to see what they might get for their home if they required selling.

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Post  lakota6418 Mon Dec 13, 2010 10:31 pm

Let us open with a speedy word about working with a Yuma real estate agent if you are looking to buy a place. Yuma Real estate agents who team up with buyers are known as a buyer's agent. These agents are believed to exemplify your best interest in buying a home.
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Post  cherrysmith14 Tue Jul 12, 2011 11:56 pm

Hello Friends..........

Reasons to Hire a Real Estate Agent

1.Setting the Sale Price:An experienced successful real estate agent will be able to help you select a sales price that will help you sell your house faster and potentially for more money. Qualified agents have the experience of selling homes in your area and understand what pricing strategies work best. Some areas require a medium sale price, which attracts buyers, but offers little room for negotiation.

2.Marketing:A real estate agent has ready access and experience in the use of several very valuable marketing tools including the Multiple Listing Service (MLS), print advertisements in newspapers and magazines, Internet listings, and network of other real estate agents. You have access to most of these marketing tools without a real estate agent, but a real estate agent has expertise on how and when to use these marketing tools as well as get exposure for your home faster.

Thanks

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Post  Felix07Richerd Mon Dec 19, 2011 6:08 am

I really enjoyed your blog. I just bookmarked it. I am a regular visitor of your website I will share It with my friends .Thanks.

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Post  jenniefrost Tue Jan 24, 2012 4:07 am

Tips for Success Realtors
1. Adopt an attitude of Planning
2. Research Your Market Plan
3. Set sales goals
4. Create a financial budget
5. That self-management a priority
6. Find a mentor or a coach of Real Estate



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Post  Felix07Richerd Fri Jun 01, 2012 6:07 am

Real esate agents always helpful to choose our choice of apartments, if you want to get niagara falls apartments for rent then you should need to hire a Real Estate agent.

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Post  villa Tue Feb 05, 2013 2:25 am

[quote="jenniefrost"]Tips for Success Realtors
1. Adopt an attitude of Planning
2. Research Your Market Plan
3. Set sales goals
4. Create a financial budget
5. That self-management a priority
6. Find a mentor or a coach of Real Estate

I agree your points.thanks for this.

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Post  zahra5210 Fri Feb 08, 2013 4:24 am

when you hire a agents, for hose, then you should be take care of some matter,,

first you tell the you demand, and your cost, finally,,

then you realize the capabilities of agents,, then you must be,, agreement agent,, give him, 10 % commission,, but it is common issue,, arise, when u find, the house,

tell him we need in the good location,,


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