What's Your Las Vegas Home Worth?

Monday, February 4, 2019

Why You Need a Real Estate Agent When Buying And Selling A Home

Why You Need a Real Estate Agent When Buying And Selling A Home 



With so much information readily available, you may wonder whether using a real estate agent is becoming a relic of a bygone era.

While you can certainly do it alone, the professional value of a competent real estate agent brings to the table is simply invaluable.

In this article by Scott of AAMGT.com, you’ll learn why you should not discard the notion of hiring a real estate agent.

1. Not everyone can save money. 


Saving money is the main reason why a lot of people eschew hiring an agent. However, it’s not likely for both parties (seller and buyer) to reap the benefits of not paying the fees.

For instance, when selling your home, you’ll price it according to prices of comparable properties in your neighborhood. A majority of these properties have been sold with an agent’s help.

This means that the seller gets to keep the percentage of the same price of the home that would otherwise have gone to an agent.

Buyers, too, may believe that they can save some money by not involving an agent.

However, unless the seller and the buyer agree to split the savings, it’s unlikely both will save the fees.

2. Real estate agents are licensed professionals.


This means that they can’t engage in an un-fiduciary relationship. Simply put, this means that the agent must act in the best interest of their clients. He or she is bound by common law (in most states) to do so.

If they fail to do so, repercussions can be dire.

Additionally, many agents peg on repeat business and referrals to build a good clientele base. Essentially, this compels them to do their best to make sure their clients are happy with the transaction.

Also, if they don’t act professionally, you have many avenues for recourse. For instance, through the court, professional associations or through your agent’s broker.

If you buy or sell a property without an agent, you could easily get duped. And, there is little you can do once you realize it. And if you do decide to get a lawyer, you’ll end up paying far more than what an agent would have cost you.

3. Contractual language can be confusing.




An experienced real estate agent deals with the same contracts and conditions on a regular basis. He or she is familiar with how to use the contract to protect your interests, whether you are a home buyer or seller.

Without an agent, you could lose your deposit on the home. The seller could also sue you for failing to fulfill your end of the contract. This is especially true if you fail to make financing one of the conditions of the sale – and you aren’t approved for the mortgage.

4. Agents have better access.




A real estate agent’s full-time job is to act as a liaison between buyers and sellers. This means they have access to all other properties listed by other agents.

If you are looking to sell your home yourself, you’ll have to track down homes on your own. You’ll have to make appointments, answer questions and solicit calls from interested parties.

Remember, if you don’t respond quickly enough or tend to be busy, potential buyers are likely to move on. On the other hand, you may find yourself rushing home for an appointment, only to find that no one shows up.

Similarly, if you are buying on your own, you’ll have to play the telephone tag yourself. This may particularly be difficult if you are shopping for homes that are for sale by the owner.

5. Agents have good negotiation skills.


Unlike most buyers and sellers, competent agents negotiate well as they don’t have any emotional connection to the transaction.

Competent agents are professionals who are trained to act in their client’s best interests. They are not mere messengers, delivering buyer’s offers to sellers and vice versa.

In addition to good negotiation skills, good agents keep client information confidential.

6. Agents are knowledgeable about the local real estate market.




You may know that a neighbor’s home was on the market for a set amount of dollars. But, an agent will know more details. He or she will know which upgrades it has had, how much it was sold for, and how long it stayed on the market.

In addition, they can point you in the direction where you can find more details. For example, data on schools, crime, or demographics.

7. They can act as buffers.


If you are a seller, your agent will filter all those phone calls that lead to nowhere from lookie-loos. And, they will try to induce serious buyers to write an offer immediately.

If you are a buyer of new homes, your agent will whip out her sword and keep the builder’s agents at bay, preventing them from biting or nipping at your heels.

So, no, real estate agents haven’t become a relic of a bygone era. They are still as useful today as they were decades ago before the internet was a staple in many people’s everyday lives.

54 comments:

  1. Your blog is nice. Thanks for nice posting.
    Read more tips for home seller go to https://homeia.com/sell-homes/

    ReplyDelete
  2. This is my first time visit here. From the tons of comments on your articles,I guess I am not only one having all the enjoyment right here!
    buying and selling homes with no money

    ReplyDelete
  3. Your information which you have shared here about Real Estate. It's a really well researched and very informative article. Keep providing more advice in the future like this. Thank you. Villamartin Property To Buy

    ReplyDelete
  4. This is such a great resource that you are providing and you give it away for free. I love seeing blogs that understand the value of providing a quality resource for free. Real Estate Lawyers Melbourne

    ReplyDelete
  5. I was very impressed by this post, this site has always been pleasant news. you very much for such an interesting post, and I meet them more often then I visited this site. Residential property services

    ReplyDelete
  6. This information is impressive; I am inspired with your post writing style & how continuously you describe this topic. After reading your post, thanks for taking the time to discuss this, I feel happy about it and I love learning more about real estate agent. san antonio custody lawyer

    ReplyDelete
  7. You have done a excellent job with your knowledge that makes our work easy because you are providing such good information about real estate agent. Keep sharing this kind of knowledge with us. Afghan law firms

    ReplyDelete
  8. Great job for publishing such a nice article. Your article isn’t only useful but it is additionally really informative. Thank you because you have been willing to share information about real estate agent. best bankruptcy attorney in Tampa Bay

    ReplyDelete
  9. This comment has been removed by the author.

    ReplyDelete
  10. This data is noteworthy; I am enlivened by your post composing style and how consistently you portray this point. In the wake of perusing your post, a debt of gratitude is in order for setting aside the effort to examine this, I feel upbeat about it. property management vancouver

    ReplyDelete
  11. I got an excess of fascinating stuff on your blog. I surmise I am by all account not the only one having all the delight here! Keep doing awesome. Property For Sale in Villamartin

    ReplyDelete
  12. I completely accepted this article as I found lots of valuable information. Thanks for sharing this post as I am very happy to read this. Get the best info about house buyers austin tx then visit at fastcashhomebuyers.org

    ReplyDelete
  13. I was looking out for this similar kind of post for a past week and I discovered your post which is related to my interest. This is really beneficial and factual for us, Thanks for share it.menlo park real estate agents

    ReplyDelete
  14. This comment has been removed by the author.

    ReplyDelete
  15. This article is very attractive. Those who need this information about it. It's very informative and understandable for those all.New Houses For Sale Navi Mumbai

    ReplyDelete
  16. This article is very attractive. Those who need this information about Buying And Selling Home. It's very informative and understandable for those all. apartments for sale

    ReplyDelete
  17. I am thankful to you for this article because you are providing such a good service as I see. It's gave me a good information \about real state. Share more information like this. Comox Valley real estate

    ReplyDelete
  18. It is a proficient article that you have shared here about real estate agents. I got some unique and valuable information from your article. Thankful to you for sharing this article here. local real estate agents Chehalis

    ReplyDelete
  19. Really decent post. I just discovered your weblog and needed to say that I have truly delighted in searching your blog entries. After all I'll be subscribing to your food and I trust you compose again soon!bethesda elementary school

    ReplyDelete
  20. Great Article. Thank you for providing such a unique and valuable information to your readers. I really appreciate your work. Design Builder Auckland

    ReplyDelete
  21. A debt of gratitude is in order for sharing the information, keep doing awesome... I truly delighted in investigating your site. great asset... immobilienmakler mülheim an der ruhr

    ReplyDelete
  22. Its as if you had a great grasp on the subject matter, but you forgot to include your readers. Perhaps you should think about this from more than one angle. immobilienmakler mülheim

    ReplyDelete
  23. This is also a very good post which I really enjoy reading. It is not everyday that I have the possibility to see something like this. sumqayitda heyet evleri kiraye

    ReplyDelete
  24. It is truly a well-researched content and excellent wording. I got so engaged in this material that I couldn’t wait to read. I am impressed with your work and skill. Thanks. Comox Valley real estate

    ReplyDelete
  25. I appreciate the work which you have put into this article. This information is meaningful and magnificent. I would like to thank you for sharing this article here. houses for sale Queens NY

    ReplyDelete
  26. I should thank you for posting this blog because the subject is trendy today and everybody needs to find out about it. The article is fascinating and it might be valuable for the individuals.Premier Property Management Services Atlanta

    ReplyDelete
  27. Why You Should Invest In An Online Business Today?small businesses.You have low start-up costs and You have lower risk on investment

    ReplyDelete
  28. Extremely useful information which you have shared here about homes for sale in Redwood City ca. This is a great way to enhance knowledge for us, and also beneficial for us. Thank you for sharing an article like this.

    ReplyDelete
  29. It's a superb article you've written here. Your article provided me with some unique and useful knowledge. Many thanks for bringing this post to our attention. Bankruptcy Lawyer in Toledo

    ReplyDelete
  30. Great information, this information is necessary and essential for everyone. I am thankful for you for providing this kind of good information. Homes for sale Portola valley.
    https://myrainbowmedia.com/

    ReplyDelete
  31. Do you want to be a real estate agent in the USA and want to get your license? Then you should take Real Estate Express courses. Their courses will help you to get your real estate license in almost every state in the USA.

    ReplyDelete
  32. You are providing good knowledge. It is really helpful and factual information for us and everyone to increase knowledge. Continue sharing your data. Thank you. online property value calculator Melbourne

    ReplyDelete
  33. Extremely useful information which you have shared here. This is a great way to enhance knowledge for us, and also helpful for us. Thankful to you for sharing an article like this. home remodeling contractors chicago

    ReplyDelete
  34. Excellent knowledge, I am very much thankful to you that you have shared good information with us. Here I got some special kind of knowledge and it is helpful for everyone. Thanks for share it. Real Estate Agent El Paso Tx

    ReplyDelete
  35. You have published extraordinary article here about mattress. It is a genuinely beneficial info for us. house removals company in Camborne

    ReplyDelete
  36. Its as if you had a great grasp on the subject matter, but you forgot to include your readers. Perhaps you should think about this from more than one angle. Lake LBJ Real Estate

    ReplyDelete
  37. You have shared a lot of information in this article about el paso texas realtor. I would like to express my gratitude to everyone who contributed to this useful article. Keep posting.

    ReplyDelete
  38. This is a wonderful article, Given so much info in it, These type of articles keeps the users interest in the website, and keep on sharing more ... good luck. marble falls homes for sale

    ReplyDelete
  39. Search engines use a number of factors to determine how relevant they are to certain keywords, and where to display them in a list of search results. home

    ReplyDelete
  40. I read that Post and got it fine and informative. Please share more like that... real estate in horseshoe bay

    ReplyDelete
  41. In addition to having people try to find you instead of you trying to find them, there is another benefit to advertising to generate real estate leads. Real estate school

    ReplyDelete
  42. Writing a blog post is really important for the growth of your websites. Thanks for sharing amazing tips about need to sell a house fast. Following these steps will transform the standard of your blog post for sure.

    ReplyDelete
  43. The content you've posted here is fantastic because it provides some excellent information that will be quite beneficial to me. Thank you for sharing about Tuscany Villa Rentals. Keep up the good work.

    ReplyDelete
  44. Excellent article. Very interesting to read. I really love to read such a nice article. Thanks! keep rocking. Buy House In Irvine

    ReplyDelete
  45. Hey there, Everything is well described I literally learned a lot. Me and real estate agents in Annandale va will definitely apply the techniques mentioned above.

    ReplyDelete
  46. Great job for publishing such a nice article. Your article isn’t only useful but it is additionally really informative. Read more info about Surrey Real Estate. Thank you because you have been willing to share information with us.

    ReplyDelete
  47. We live in an age where new software is being used to create architectural designs, and Buy Dissertation Online is being. With just pressing a few keys on tablets and smartphones, people can buy or sell homes within minutes.

    ReplyDelete
  48. Bandit signs are great. They are some of the best lead producing tools around. I have yet to put out a bunch and not be bombed with calls right after I arranged my marketing. Dan Chapman

    ReplyDelete
  49. A similar way to generate real estate leads by advertising which can be even more effective than simply advertising on a billboard or in the paper is by setting up your own real estate website. sell your house with us

    ReplyDelete
  50. I am thankful to this blog giving unique and helpful knowledge about this topic. Selling Home In San Diego

    ReplyDelete
  51. Your blog took to me an entirely significant spot. It is a beneficial and factual article to enhance knowledge. Thanks for sharing an article like this.home remodeling contractors Vancouver WA

    ReplyDelete
  52. I admire this article for the well-researched content and excellent wording. I got so involved in this material that I couldn’t stop reading. I am impressed with your work and skill. Thank you so much.Government Tender Website

    ReplyDelete
  53. And you don't have to do anything in order to help them. In fact there could be thousands of people all on your website at the same time. That is something that you would not likely ever have the opportunity to do in person. real estate

    ReplyDelete
  54. I just don't position them out that often. I might place out a few to a half dozen or so a calendar month and the ones that continue and don't get taken down continue to pull in phone calls. Sell my house fast

    ReplyDelete