Is it worth it to hire a Real Estate Agent? With various home buying and selling resources at your fingertips, you may be wondering whether there are still benefits to hiring a Real Estate Agent. While doing the work yourself can save you the significant commission rates Real Estate Agents charge, for many, flying solo may not be the way to go.It could actually end up being more costly than a realtor's commission in the long run. Buying or selling a home is a major financial (and emotional) undertaking.
Here are 3 Benefits Of Hiring A Real Estate Agent
1. A Real Estate Agent Offers Convenience
A Real Estate Agent’s job is to act as a liaison between buyers and sellers. Since both the buyer's and seller's agents work as real estate agents, they know what steps you need to take to get the job done. When buying a home this may look like the Real Estate Agent researching homes that meet your criteria, getting in touch with sellers' agents, and making appointments for you to view the homes.
If you are buying on your own, you will have to navigate the telephone tag yourself. This may be especially difficult if you're shopping for homes that are for sale by the owner. On the other side, if you are selling your home, you will have to handle the inquiries from those who are interested, answer questions, and make appointments. If these processes aren’t handled speedily a buyer may move on to another property.
2. A Real Estate Agent Offers You Negotiating Help
Many people don't like the idea of having a Real Estate Agent as an in-between and feel that direct negotiation between buyer and seller is a better route. Assuming that both the buyer and seller in a given transaction are reasonable people it could be a positive experience. Unfortunately, this isn't always the case. By having a Real Estate Agent as a buffer you may find they are in a better position to negotiate a discount without ruffling the homeowner's feathers. An agent can help by speaking for you in tough transactions and smoothing things over to keep them from getting too personal. This can put you in a better position to get the house you want.
3. Real Estate Agents Can Help With Tough Contracts
If you decide to buy or sell a home, the contract is there to protect you and ensure that you are able to back out of the deal if certain conditions aren't met. An experienced real estate agent deals with the same contracts and conditions on a regular basis. They are familiar with and very knowledgeable about them. They know best which conditions should be used, when they can safely be removed. Real Estate Agents know how to use the contract to protect you, whether you're buying or selling your home.
Benefits of a Real Estate Agent
While you certainly may be qualified to sell your own home, you could very well benefit more from hiring a Real Estate Agent. The process of buying and selling just isn't as simple as many people assume. And when you get into a difficult situation, there can be a great benefit to having a professional on your side!
We would love to answer any questions you might have about the benefits of hiring a Real Estate Agent. Contact Team Lund today and let’s chat or message us over on Facebook or Instagram with any questions!