When the Market is Hot, Agents Help Both Buyers and Sellers

When the market is heating up, either for sellers or buyers, you may think, “homes are flying off the shelf, I don’t need an agent to sell this house,” or “sellers are so desperate right now, I could negotiate with them without an agent.” But those arguments are just not true. Hiring real estate agents will actually provide a number of benefits. Furthermore, it can even help save money, making hiring them well worth the initial investment.

The following are just a few of the many benefits that hiring a real estate agent can provide:

• Real estate agents look out for the financial interest in homebuyers and home sellers.

This doesn’t vary from agent to agent – it is required by their profession. They are contractually bound to protect their clients financially. A condition of the National Association of Realtors requires adherence to a strict code of ethics.

• Real estate agents are familiar with the real estate regulations, which are constantly changing.

Most people tend to purchase a new home every 7 to 10 years, which means a lot changes during that time period. Real estate agents stay current with all updates in regulations, contracts, practices and laws.

• Real estate agents are familiar with the housing market and have more resources at their disposal than the seller or buyer.

This means that an agent will be able to find what the homebuyer is looking for more effectively than the buyer him or herself. Real estate agents usually know important details about different properties that many homebuyers wouldn’t have considered.

• Real estate agents will be able to help sellers price their homes at their actual value.

Home sellers can view price estimates online, but they can off by as much as 35 percent. A real estate agent will help sellers figure out the true value of their homes due to the fact that agents have access to the newest real estate data within the area. Online estimates often use old tax records and outdated data.

• There is a lot of paperwork involved with both buying and selling a home.

A real estate agent will be able to help buyers and sellers alike navigate all of these complicated documents so that everything is completed legally.

• Last but not least, a real estate agent can help negotiate between parties.

Real estate agents are excellent at helping both buyers and sellers reach home prices they are both comfortable with.

These are just a few of the reasons why all homebuyers and sellers should use a real estate agent. Are you are thinking of buying or selling your home? Want to know more about what a Realtor can offer? Contact Minteer Real Estate Team today!