by Franch6 Advantages of working with a Realtor or Real estate agency.
1. YOU DONT HAVE TO PAY THEIR FEE UNLESS THEY COMPLETE THE WORK FOR YOU.
When you hire a real estate agency to help you buy or sell your next (or first) home, you aren’t making a financial investment to do so. You will need to pay the fees after the transaction is completed. Meanwhile,you get a qualified professional representing you before you ever place one rupee on the table. This person will be working hard for you from the moment you sign an agent contract, to the moment you get the sale deed signed , sealed and delivered to you.
Hope that you are motivated to find the right real estate agent to help you with your next real estate transaction. We suggest asking friends and family for real estate agent referrals and doing some online research to find the best agent that suits your personality or property. Some real estate professionals work within small niches that may prove to be helpful depending on the type of property you are in the market for.
2. THEY ARE MOTIVATED TO FIND YOU A HOME
Real estate agencies are highly motivated as their success is predicated on their ability find/sell your home. In short, if they do not help you buy/sell the home , they do not eat. Real estate agents don’t typically work off of any kind of salary, for the most part, they are independent contractors who are in control of their own financial destiny. You can be confident knowing that your real estate agent is motivated to find you a property so you can truly live, happily ever after.
3. THEY UNDERSTAND COMPLEX TRANSACTIONS
Real estate agents understand all of the complex processes that take place in a real estate transaction. For instance, the home inspection and being able to interpret unfamiliar details effectively to you. An agent will also understand communications from your bank loan officers which will help you feel organized and highly aware of what is happening in your property transaction. As issues arise, or information is needed from you, your agent can quickly advise you on how to retrieve anything needed so your purchase can progress with less stress.
4. THEY KNOW THE MARKET
The real estate market is one that changes from week to week. Some changes are small like minor price fluctuations in a neighborhood, while others are more significant like interest rates. Each state, city and small municipality has their own real estate markets beyond what is happening on a national level. Real estate agents are constantly monitoring these changes for their buyers which keeps you informed of all of these volatile details so you can purchase your new home at the best possible time.
5. THEY KNOW THE LAY OF THE LAND
One of the best features of working with real estate agents is that they fully understand the city they work in. For you, this translates into market knowledge, neighborhood background and real estate insights you may not otherwise be privy to. This will come in handy when you have specifics about what kind of neighborhood you want to live in, how far you want to commute to work, or what kind of schools you want your kids to attend. For example, you might find a home that you really adore; an agent will be able to tell you more about the neighborhood as far as things like the quality of the schools, water/electricity supply, connectivity to other locations or pending commercial development.
6. THEIR ETHICS AND EXPERTISE
The fundamental benefits of working with a Realtor are encompassed by the two great big “E’s”; Ethics and Expertise. Realtors voluntarily hold themselves to a higher standard and that’s important for the same reason that doctors take the Hippocratic Oath and attorney’s are sworn to a Code of Ethics. Realtors are professional fiduciaries, guided by principals, responsibilities, and rules of conduct that prioritize the client while preserving the dignity of, and respect for, real estate as a profession. Expertise is demonstrated in a variety of ways, including locating homes that meet often very specific wants and needs, pricing and valuation, knowledge of building code, writing binding contracts, unemotional negotiation, and the coordination required for a smooth closing. In what’s often the most significant purchase in one’s life, it’s critical to have an experienced Realtor by your side. Properly represented, you can expect to sell for more, buy for less, and avoid intensely consequential mistakes.
