Reasons to Hire a Real Estate Agent

reasons to hire a real estate agent
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Buying a home, especially for the first time, can be a stressful and confusing process. From gathering documentation for your mortgage lender, to house hunting, to negotiating the price of your home, it all may seem foreign to you. Some do fine on their own, but many people could have simplified their home buying process with a little help. Here are 5 reasons to hire a real estate agent when looking to buy or sell your home.

Reasons to Hire a Real Estate Agent

Education and Experience

When vetting different real estate agents, it’s best to find someone who has ample experience in the neighborhood you’re looking to buy/sell your home. Having an agent who knows the market and neighborhood well can help steer you away from certain neighborhoods, and introduce other neighborhoods that you may not have heard of. A good real estate agent will listen to your wants and needs for your new home, research multiple houses, and set up open houses for you.

Price Guidance

One of the biggest reasons to hire a real estate agent when looking to buy or sell your home is for price guidance. If the home seller or buyer is asking for a price that is reasonable, your real estate agent will tell you that. If the home buyer of seller is low-balling an offer, your real estate agent will also help you with that.

Professional Networking

If you are in a specific situation that your real estate agent has not had experience working with, they can reach out to their network. Of course they won’t use your specific name, but they can reach out to see how another agent may have handled a similar situation. Additionally, agents can give you a list of references when it comes to vendors such as home inspectors and appraisers. Choosing a highly recommended vendor will help your home buying or selling process go smoothly.

Paperwork

Today’s purchase agreements are often over 10 pages long. It’s important that you have an agent by your side that can help answer questions you may have when filling out paperwork. One tiny mistake or omission could land you in court or cost you thousands. It could even lead to a termination of your mortgage.

Develop Relationship for Future Business

One of the long-term reasons to hire a real estate agent is that they will become your go-to contact. Chances are you are going to buy and sell another house in your lifetime. By building strong relationships with your real estate agent, you have a trusted source to turn to the next time you’re in home buying or selling market. Additionally, many real estate agents will follow up with you year after year to make sure you’re all good in your current home.

You may also like: How Much House You Can Afford

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