for the same reason, I would never again install my own new toilet!
Once upon a time, in the first home, I had ever purchased the toilet broke and I found myself thinking it would be easy enough to replace it myself. Several hundreds of dollars later on top of multiple trips to Home Depot, I finally did the job. Hooray me! Until a month or two later when I learned I hadn’t sealed it down properly on the wax ring. The moral of the story, had I just hired a professional from day one I would have saved myself a lot of money and a whole lot of time. Plumbers get licensed and get training on these things for a reason, so do real estate agents.
Why is it important to work with a real estate professional?
Real estate agents have continuing education requirements that include many topics including real estate law, fair housing, and much more about buying and selling homes. Both formal education and hands-on experience are necessary to maintain their professional standing and license. They know what to say and do to get the results you want because they’ve had plenty of experience to learn from. They specialize in buying and selling homes without letting the process get disorganized and chaotic.
The Expertise
Most real estate agents have spent years studying market trends and can quickly familiarize themselves with a client’s desired neighborhood. Additionally, they also have more tools and resources at their disposal than you would by yourself. Take the MLS (Multiple Listings Service) as an example. The MLS allows real estate professionals to input a client’s specified wants and needs to find which suitable properties are currently on the market. It also provides crucial sales data, meaning that they can price the homes they’re selling far more accurately.
The Marketing
When you’re selling anything—especially something as significant as a house or other property—the skill with various advertising and marketing techniques is essential. Unfortunately, most people who haven’t worked in the marketing industry lack this skill. This reality can lead to over or under-pricing a home for sale, which is why it’s always a good idea to call in a professional.
You can always post a listing online and hope potential buyers stumble upon it, but wouldn’t it make more sense to bring the sale to them? Even if they happened to stumble upon it, most people don’t trust a listing that doesn’t say anything about a real estate agent.
In addition, you probably don’t have the same training and knowledge about how to set up a listing that a professional real estate agent would. They’re taught how to take your property’s best photos, videos, and documentation to draw in your ideal buyers. They also help coordinate the marketing teams, meet-ups, and more to ensure your sale or purchase goes as smoothly as possible.
Real estate professionals are also skilled in the art of negotiation, honing in their people skills over the years so that you get the best deal possible on your real estate transaction.
The Finances
Despite what many people think, cutting out an agent—whether it’s on the lister’s or the buyer’s end—usually doesn’t save anyone any money. Whether the buyer, seller, or both pays to have a real estate agent, the experience, knowledge, and other benefits that come with this investment far outweigh the costs. This benefit is especially true if a real estate agent has the listing. The buyer would be at a disadvantage when working alone, resulting in them paying far more than they should, and the price of a real estate agent pales in comparison.
Time is money when it comes to buying and selling properties, and the entire process is faster, easier, and more direct when a real estate agent is involved. The process could be completed by two untrained, unprofessional, inexperienced individuals, but it will cost more for both parties and take longer than normal. That means less time for either party to do anything else, which is why it’s best left to professionals.
The negotiating step of the real estate journey is often the longest, hardest, and most stressful step. Luckily, well-trained real estate agents do more than just speed the process along. They could also snag you a deal that you didn’t even know was possible.
Other Benefits
During peak times for selling and buying real estate, things can get messy. That makes high-quality inspectors and contractors hard to find. When the buyer or sellers are working around a schedule, it can be nearly impossible. Even when things aren’t in full swing, it’s often hard to know which contractors, inspectors, and so on to trust.
Real estate agents who have been in the industry for a while have one more thing their clients don’t: a strong network. They’ve had time to build up large databases of home inspectors, contractors, stagers, and more that can give them insider assistance that can make all the difference.
When it comes to hiring a professional real estate agent, the final cherry on top is that they often handle the vast majority of the paperwork themselves. Even if they don’t take care of all of it, it’s rare to find one that doesn’t help at all. Nobody likes doing paperwork, so after the long, stressful process of buying or selling a home, it’s nice to have someone to take care of it for you.
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