Navigating the real estate market isn’t something that you’ll want to do on your own. It takes an expert realtor to find the best houses in the best neighborhoods and at the best prices. Despite this, people still choose to go through the buying or selling process on their own. Sometimes this works out well, but in most cases you’re not going to have a pleasant experience – even if it’s a strong seller’s market, as indicated in the 2021 real estate survey released by Homelight.
If you’ve been wondering why it would be in your best interest to hire a realtor, we have a few reasons why an experienced agent will be your new best friend throughout the entire real estate process.
Experienced agents understands their market
As with any other service, you want to work with a professional who knows their stuff. You want to make sure that you’re working with someone who understands the ins and outs of industry and understands what can and cannot be done. You aren’t going to want to hire someone who isn’t experienced or confident in their skills or knowledge.
Buying or selling a house is a big step in life and you want to make sure you’re working with an experienced agent who understands the local real estate market. An experienced agent will be able to make recommendations about your situation, they’ll be able to give you insight on properties and neighborhoods. They can also go over other important aspects of the transaction, such as what happens during the home inspection, which lenders you could work with, and so much more. If you go it alone, you’re basically going into the market blind.
Experienced agents are well connected
Whether you’re buying or selling, you’re going to meet a lot of professionals along the way. You’ll interact with home inspectors, lenders, general contractors (if repairs need to be made or you’d like to renovate) and so on. An experienced agent can point you in the direction of qualified service providers who can get the job done and done right.
You aren’t going to have those resources available if you decide not to work with a realtor. Sure, you could do some research and look at reviews online, but that can get overwhelming pretty quick!
Experienced agents are skilled negotiators
We’d like to think that all real estate agents are going to work hard to get you the best deal they can. An experienced agent should have the negotiation skills that can get your house sold at a higher price. They should be able to guide you through the process of choosing an offer that is both appealing and fair. Experienced realtors can negotiate with the other agent to ensure the transaction is as quick and painless as possible. After all, time is money!
You may think you’re a savvy shopper and can spot a good deal, but the reality is navigating the real estate world requires skill, knowledge, and a certain panache that the average person doesn’t have. Plus, should there be a bump in the proverbial road, an agent will have the insight and advice about what to do next or if you should terminate the transaction if possible.
If you’re considering selling your home to a house buying company because you need to sell quickly, you might not think twice about going through a realtor. However, in this market, a house buying company isn’t the best way to go because an experienced realtor could get your house sold quickly and for more money!
