With so much detail accessible online, clients every so often ask: “Why should we hire a real estate agent?” They wonder (and rightly so) if they could not buy or sell a house through the Internet or regular channels of marketing and advertising without representation, without a real estate agent. Some do well on their own, but many do not. Here are 10 reasons why you might consider hiring a professional real estate agent.
Education and experience:
You do not need to know everything about buying and selling real estate if you hire a real estate professional to do so. Henry Ford once said that when you hire people smarter than you, it shows that you are smarter than them. The trick is to find the right person. For the most part, they all cost approximately the same, so why not hire a person with more education and experience than you? We are all looking for more precious time in our lives, and hiring professionals gives us that time.
Agents remove spam from your property:
Agents remove spam from your property and visits. If you are a new home buyer, your agent will take out his sword and keep the builder’s agents at bay, preventing them from biting or biting your heels. If you are a seller, your agent will filter all phone calls that do not lead to any part of lookie-loos and will try to induce serious buyers to write an offer immediately.
Knowledge of the neighborhood:
The agents have an intimate knowledge or know where to find the rumor of the industry in their neighborhood. They can identify comparable sales and give you this information, as well as pointing you to the address where you can find more information about schools, crimes or demographics. For example, you may know that a house on the street was in the market for $ 350,000, but an agent will know that it had improvements and sold for $ 285,000 after 65 days in the market and after it fell twice from the market.
However, an agent will help guide clients to make the right decisions for them. If a listing is 7%, for example, an agent has a 7% interest in the sale, but the customer has a 93% interest. The sales agents will ask the buyers to weigh all the data that is provided to them and to choose a price. Then, based on market supply, demand and conditions, the agent will design a negotiation strategy.
Information on market conditions:
Real estate agents can reveal market conditions, which will govern their buying or selling process. Many factors determine how it will proceed. Data such as the average cost per square foot of similar houses, the average and average sales prices, the average days in the market and the price indexes from list to sale, among other criteria, will have a great influence on what finally decides do. Cecil D. Frank is a real estate agent with experience working in the Toronto real estate market, and you can consult with Cecil Darren Frank on your next deal.