Many people think that buying or selling a home is an easy transaction that could be done on their own. They see it as a way to save on paying commission to an agent and reaping in the full financial benefits of selling a house.
However, buying or selling a house on your own could cost you more in the end than just that commission. You could pay more money in the end and face more hassle, than if you dealt with a real estate agent to help you in your home buying transaction.
Here are some ways where a real estate agent can help you:
An agent’s full-time job is to be the middle person between a buyer and seller. He/She will have access to all the properties that are listed by other agents. They know the ins and outs of the neighborhoods in which they serve. Instead of you having to spend time in doing all the research, an agent will quickly have the information you need.
If you are selling a house, you will have to field calls from potential buyers and keep track of appointments. It may be no problem if you have a lot of free time on your hands, but if you have to juggle work and a family, it can be difficult. Whether you are buying or selling a home, a real estate agent can alleviate much of the pressure off of you.
Help With Negotiation
Real estate agents know what it takes to get a deal done. They know how to structure a deal and what actions need to take place to fully maximize the value on a deal.
An agent acts as a great intermediary between the buyer and the seller. If there is a point that one party may not like, the agent can act as a messenger to relay that message so not to heighten tension and can better negotiate a discount on the deal. The agent is there to smooth anything out in case the deal gets a little bumpy.
Some people may be able to save money by selling their house on their own, but unless you know about the industry, you could be spending more money than what you would save on an agent’s commission. And when you get into a difficult situation, having an agent may be beneficial to you.