6 Reasons Why You Must Hire A Real Estate Agent



It looks like there are tough times ahead and everyone is looking for a way of cutting down costs. With this in mind, most people opt for DIY projects one of which involves personally looking around for houses. While this seems like a good move, it is financially and time constraining. The best alternative is, finding a real estate agent. Besides saving time, you need the following from a real estate agent:

  1. Finding available houses

You may not have the time to look around, and when you look at real estate websites, you can miss many good offers because some sellers don’t publicize their homes. So, if you are looking for the best deals and unique properties, let the agent do the work.

  1. Ethical reasons

The best real estate agents are members of an association, and they abide by strict codes of ethics. The codes stipulate that realtors are to transact honestly at all times and they have their licenses revoked in case they break the rules. For example if you work in tax collection, then you understand how important ethical practices are.

  1. Making requests for repairs

If you’ve bought a house before or you know someone who has, then you know how hard it is to request for repairs. At the same time, there are issues you may miss but will be identified by your real estate agent fast. The agent will either recommend repairs by the seller, or they could recommend a good home inspector to help identify all the issues around the house.

A comprehensive report from the home inspector will identify the issues in the house and also determine if the house is in good condition or not. For most home buyers and real estate agents, the home inspector’s report breaks or makes a deal because every buyer has a specific tolerance level.

  1. Pricing

The agents are the best in setting prices for properties. However, you have to ensure that your realtor is experienced in that area. Experience is important because it means that the agent understands the value of homes in a neighborhood.

The agent also understands the local zoning ordinances ensuring that you don’t buy the wrong house. Understanding the coding also means that the agent will know if you can build a fence or have a pool in the city.

  1. Dealing with paperwork

Any homeowner has a file full of documents including the written offer, the signed counteroffer, the signed purchase documents from the bank and details of specific repairs. Dealing with all this paperwork is draining. Instead of doing everything, let the real estate agent do the hard work because he or she has printers and fax machines at their disposal.

Avoiding paperwork saves you money and time, and you don’t have to worry about missing important details and checking out of the box when you have someone to help you out. The agents are also excellent record keepers.

  1. No emotional negotiations

Even the most level-headed buyers can lose their cool when negotiating. An agent, on the other hand, is objective and will stay focused on the task at hand reasoning rationally with the seller. An agent will also calm down the seller easily when your counter offer isn’t agreeable.

Finally, you need a real estate agent to avoid any possible closing pitfalls. They can detect trouble early enough.

 

Chris Porter About Chris Porter

“Chris Porteous has significant experience in the financial markets with stints at Goldman Sachs, UBS Securities and DBRS. At DBRS, Chris extensively covered the Mortgage Backed Securities market, Covered Bonds and regulatory changes involved in the real estate markets. Chris currently runs a personal Real Estate Investment Trust with over 15 properties located in South Florida.”

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