Do you have a family member or friend who is a so-called “Real Estate Agent?”
Sure, someone might be able to get their real estate license, but in today’s market, hiring a real estate professional is no light matter. With such a heavily regulated environment, the home-buying process has grown increasingly complex, putting any soon-to-be homeowner or seller in a seemingly untenable situation.
From navigating or creating bidding wars to dealing with less-than-normal circumstances, you need a skilled expert. And either they have the essential knowledge or not, but wait, would it doesn’t have to be that way?
Here’s a tip: find an experienced real estate agent. Today, we’ll explain why to help you feel confident in today’s market. Let’s go!
Here are just a few of the ways a real estate expert makes a big difference:
Real quick, below are four quick points why hiring a real estate agent is important for most buyers:
- Experience/Knowledge – A real estate advisor advocates on your behalf with experience on the current market conditions that’s happening today such as ways to capitalize and to mitigate and get around hurdles to help you make confident decisions in the homebuying process.
- Negotiations – A great real estate agent has your best interests and can negotiate potential seller concessions if an inspection reveals issues with the home as well as navigating through a purchase agreement. A good buyer’s agent will help settle the score when buyers compete over available homes in bidding wars.
- Contracts – Real estate advisors guide you through terms, clauses, and disclosures in presented contracts, agreements, or any other real estate transaction.
- Pricing Process – They will ensure to walk you through the process of what best suits your pricing goals.
What’s the Key To Choosing the Right Real Estate Expert?
You want to choose a true professional, an unbiased eye who will help you navigate the home search and meet your targeted metrics for your dream home. On the other hand, one who is well-equipped in essential knowledge where you feel confident they can answer your questions/concerns about local amenities, zoning rules, price negotiations, etc.
However, it all begins with trust, first and foremost! Someone who advocates for your best interests offers excellent advice given your current circumstance, and with great experience under their belt is certainly a good candidate.
1. An agent can help you find a home faster
You can look on real estate websites or go randomly explore different neighborhoods for “for sale” properties, but having a real estate agent helps find you a home faster. Their careful expertise, a knack for local market nuances and trends will equip you with rapid response time on open real estate opportunities.
Self-represented prospective clients don’t have the resources to make the best-educated decision on current and upcoming opportunities.
2. Is the price right? An agent will know
Market conditions create a seller’s or buyer’s market, where buying a home is more challenging in the former but easier in the latter due to the availability of homes. This causes prices to vary in the real estate market!
Real estate professionals can help you make a competitive offer based on your buying objectives to keep your proposal within budget and guide you on when to hold back or strike on a home purchase. This can also go for understanding the value of a home. For example, a home that needs a new roof, a new AC unit and countless other improvements might not be worth the investment if you don’t have the time to “Fix it up.”
A professional and well-regarded agent will know just what to do and know you best!
3. You won’t just have an agent; you’ll have a network!
It’s all about who you know than what, am I right? This applies well here. Having a great real estate agent will open up your network of other industry professionals who can help you navigate the home buying process, such as mortgage lenders, repair professionals, etc.
In a competitive market, take full advantage of the relationships you build!
4. Pro agents really know the real estate market!
Navigating today’s housing market can be tough with the competitiveness of buyers and a limited number of houses. Real estate professionals will help to effectively explain market conditions in your local market so that you feel confident making your home purchase at the right time, price, and location to suit your needs.
5. Top real estate agents can help you spot red flags
An expert agent is helpful in identifying blind spots/red flags for you that may easily be pushed under the rug, helping you save time, money, and peace of mind. An agent will provide professional photography, prior and current inspection reports, and local trends/events/circumstances that’ll serve as an internal audit to equip you with what you need to know before making a big decision!
6. Great agents know how to write a contract (which becomes legally binding)
In accordance to state regulations, real estate agents are valuable in their know-how in writing legally binding contracts. As mentioned, they will help cut your learning curve in half by reviewing necessary terms, clauses, and disclosures with an expert lens.
Yes, contracts can be a bit intimidating; however, a trusted real estate advisor will be more than happy to get this process squared away and provide action steps for compliance!
A final word on hiring a real estate professional:
In unpredictable housing market conditions, you are only as good as the best advice you’re given, and guess what? Real estate is certainly not a one-man show.
Teamwork makes the dream work, and a professional real estate agent will help guide you through the buying objectives in the home buying process to make an informed decision on price, how to write and purchase agreements, spot red flags, and so much more.
Pay now, or pay later! If you want to get the house of your dreams with a skilled agent, contact us, and we will be more than happy to help!
