I occasionally hear people asking, “Why should I hire a Real Estate Agent?”. They feel there is enough readily available information online, so why do they need one? It is true that there is an abundant supply of information, however, how much is correct and timely? If you are not a professional in the industry how would you know what is accurate information or not? Here are 10 reasons why you might want to consider hiring a professional real estate agent:
1. Education and Experience
Besides completing many hours to obtain a license, agents are required to have a minimum number of educational hours in order to renew their license every two years. In addition, many agents are consistently are going above and beyond what is required by taking specific certifications and courses. Why not hire a person with more education and experience than you? The trick is to find the right agent. Not all have the same drive and professionalism. We are all so busy managing our lives, so why not hire a pro to help with your real estate goals?
2. Agents are Buffers
Look for an agent that has the technology to help filter all the data that is out there. Your agent will filter through all the homes on the market and send you the ones that meet your buying criteria. I can’t imagine being a buyer and trying to search through all the different web sites to find my dream home. Some sites don’t have the most current information, such as, current availability. If you hire an agent you trust, then you can be assured that you are getting accurate information on the home and guidance through purchasing it, which will lead to a successful close.
3. Neighborhood Knowledge
Professional agents possess intimate knowledge about the local market and individual neighborhoods. They can identify comparable sales and discuss these facts with you, in addition to pointing you in the direction where you can find more data on schools, crime or demographics. These facts are imperative to making a decision on whether to purchase the home or not.
A good agent will help guide clients to make the right pricing choices for themselves. The agent’s job is to provide the most accurate and timely information to the buyer or seller in order to sell or purchase the home at the best price.
5. Market Conditions
Agents can discuss market conditions, which will help your decision of buying or selling. Data, such as, the average price per square foot cost, average sales prices, days on market, and ratios of list-to-sold prices, will have a bearing on what you decide to do.
Real estate agents network with other agents and industry professionals that are involved in the home buying or selling process. They know who has a reputation for honesty, competency and professionalism. Due to legal liability, agents can provide a list of references, not favoring one in particular. They can provide you with background information and experiences from other clients they have helped in the past. In addition, a good agent will have good working relationships with other realtors, which helps sell your home faster or alert your agent to new inventory.
7. Good agents are good negotiators. They have training and education in how to negotiate most effectively. They are trained to present their client’s case in the best light and agree to hold client information confidential from competing interests. Find an agent who has the education and experience in negotiations.
8. Administrative duties
Today’s purchase and sale agreements run 10 pages or more. In addition, dealing with bank owned and distressed properties have a different process and paperwork. Agents who are experienced in working with these properties have the knowledge to help guide you through this. In addition, many agents are a part of a larger firm, who has legal support for this process. Why risk handling this yourself when it could cost you thousands in legal fees?
9. After the sale
Agents will guide you through the entire process of the sale. Making sure the inspection is scheduled and completed within the required time-frame, getting the correct documents in on time and communicating with the closing agent in order to have a smooth transaction are just a few of the tasks that need to be done. This can be very overwhelming and time-consuming! This is one of many tasks that your agent completes behind the scenes. In addition, any issues or concerns you may have after closing, your agent will be there to help.
10. Trusted Advisor
A successful and professional agent will want to be your trusted advisor for life! They will keep you informed of the current market conditions, be a source of information for all aspects of homeownership and act as resource for all your real estate questions. They want to earn your respect, for future business and any referrals you have to pass on.
Go to www.clarkcountyhomeguide.com for all your real estate needs!