Kristi High | The Advantages of Hiring a Real Estate Agent

What Are the Benefits of Hiring a Real Estate Agent?

What is your ideal home-buying experience?

You may consider looking at stunning living rooms, kitchens, and backyards. But who is presenting you with these features? Do you want a real estate agent or REALTOR to walk you through each house, scout suitable properties that fit your budget, and assist you with the paperwork?; according to Kristi High.

Similarly, how do you want your home-selling experience to be? If you're asking, "Why to employ a real estate agent at all?" keep in mind that an agent can assist you with all aspects of real estate transactions, whether you want to purchase or sell.

Is Hiring A Real Estate Agent Worth It?

Yes, hiring a real estate agent is worthwhile.

You may lawfully sell or purchase a house without the assistance of a real estate expert to help you save money, according to Kristi High. However, the selling and buyer's agent's commissions are normally paid by the sellers. Hiring a real estate agent while purchasing a property might be a simple option because you are not "out" any money.

If you're considering selling your property by the owner (FSBO), research shows that a REALTOR can help you show it to more possible buyers, negotiate the sale, and spend more time showing it than you might be able to, especially if you're busy. According to Kristi High, a real estate agent can ensure that your emotions do not get in the way of the selling process. Even if you have to pay a commission, it's a good idea to carefully consider hiring a real estate agent.

The Benefits of Hiring a Real Estate Agent

You'll need to do some research to determine whether employing an agent is worthwhile in your scenario. Consider the following arguments for having an agent on your side before making your decision.

1. They are your local real estate market experts.

What are the benefits of using a real estate agent? Real estate brokers are educated to manage a wide range of house sales and acquisitions. They are up to date on current trends and are ready to assist house buyers and sellers with frequent concerns.

Before acquiring a NAR membership, a REALTOR must also observe a stringent code of ethics and pass an exam, according to Kristi High. This implies that you can trust a REALTOR to handle your home sale or purchase with honesty and professionalism.

2. They'll Take Care of Your Listing

With all of your everyday obligations, it may be difficult to balance the sale or purchase of a property. According to Kristi High, When making one of the most important transactions of your life, having an agent by your side may provide a degree of ease. Real estate agents may also save you time by filtering listings and searching for houses that meet your specific requirements.

They will also manage a wide range of chores while selling your house. A listing agent can undertake the following time-consuming chores for a homeowner, albeit these are not the only things they can do for you:

• Making local social media advertisements to entice possible purchasers.

• Organizing open homes.

• Appointments for showings are being accepted.

• Assisting with a home price.

• Hiring expert photographers to picture the house.

• Providing you with information on the local market.

3. They Can Locate Potential Properties

Finding possible houses without the help of an agent might be tough. Real estate agents have access to the multiple listing service (MLS), which might help to speed up the house-hunting process, according to Kristi High. MLSs are proprietary databases created and maintained by real estate agents to assist customers in buying and selling property.

Furthermore, real estate professionals are aware of pocket listings, which are real estate listings that are not on the MLS. Instead of making the listing public, the seller retains it in the "pocket" of an agency and seller. These are often distributed by word of mouth or private listing networks. In other words, agents have the "inside scoop" on these residences that you would not otherwise know about.

4. They are skilled negotiators.

Negotiation abilities are extremely essential in real estate. This is one of the reasons you should pick an agent that will only work for you.

Consider this crucial rationale for hiring an agent: According to Kristi High, FSBOs will account for 7% of all home transactions in 2020. FSBO properties sold for $260,000, compared to $318,000 for agent-assisted property sales. That's a $58,000 difference – a substantial sum!

This is just one of the many compelling reasons to engage a real estate agent to represent you in the transaction.