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Why Hire Home Real Estate Agent

Home Real Estate Agent

Aside from the fact that selling a house is typically the largest financial transaction in your life, and that you probably have no or little experience in real estate, and that you may have an enormous emotional attachment to your house, there are at least two pressing fears: 1. You will sell the house for far less than it is worth and 2. You will not be able to sell it all.

If you're selling a home, you need a licensed real estate agent.  Without the proper knowledge of how to sell real estate and the paperwork and procedures involved, you could end up shooting yourself in the foot. Using a real estate agent to sell your home will cut back on headaches and ensure that all appropriate steps are being followed and documentation being completed.

An experienced successful real estate agent will be able to help you select a sales price that will help you sell your house faster and potentially for more money.

Good agents have the experience of selling homes in your area and understand what pricing strategies work best. Some areas require a medium sale price, which attracts buyers, but offers little room for negotiation. In other areas, the pricing strategy may be to offer a low price and allow potential buyers to bid it up. A good real estate agent's experience in this area could be very valuable.

Shelley O'Hara, author of 'The Complete Idiot's Guide to Buying & Selling a Home,' says, "When you announce your desire to purchase a house, you may be surprised at the number of real estate people who want to represent you. Agents come out of the woodwork. You won't have to worry too much about finding an agent -- you do need to worry about finding a good one." We agree.

Real estate agents work out of real estate offices. They work with the office as independent contractors to help sell homes. When choosing a real estate agent, be sure to stick with the larger offices. A no-name office doesn't have the resources necessary to sell your home fast and for the best price. The bigger, more established real estate offices often have a network of agents and other real estate professionals that can serve you and your specific selling needs.

And try not to complain about their commision. They take home very little of it. As an example we wil take an average $300,000 house. First of all, a 6% real-estate commission is typically split between the seller's agent and the buyer's. Each agent then kicks back half her take to the agency. Which means that only 1.5% goes directly into the agent's pocket. So on a sale of your house $300,000 house, her or his personal take of the $18,000 commission is $4,500. Still not bad, you say. Out of that she or he has to pay advertising expences, printing, car, gas, signs etc. By the time all expenses are paid there is very little left for the agent.

It should go without saying, but buying a home, no matter if it is brand new or not, is not like going to the store to pick out a head of lettuce. Even new homes need to be researched fully and inspected to make sure that you are investing your hard earned money in a product that is solid and will maintain value over time.

You real estate agent can be a great resource for this type of research but no matter how you accomplish it. However, make sure you do your homework on any home purchase, even a brand new construction, and have it inspected prior to any closing date.

The most important thing when either buying or selling a home is to select the right real estate agent, but people usually go about it backwards. They read a newspaper or get one of the home magazines in the supermarkets, and they call about a home they see advertised. They should first select the real estate agent -- one who will understand what they need and can navigate the system for them.

If selling, ask the real estate agent how he or she would market your property. Understand that some agents may prefer to first tour your property and then put together a comprehensive customized marketing plan to present at a later meeting.

Selling your home is a big event. The home selling process is a large undertaking that requires the expertise of a real estate agent. So if you're thinking about selling your home, don't go it alone. Use the advice above and find a reputable, reliable, and helpful real estate agent.

Before you hire an agent to help you buy or sell a home, you should interview at least three agents in person. In order to do this, first get recommendations from friends, family and neighbors. Then look on the web, in homes magazines and the local newspaper to see what kind of marketing the various companies are doing in your area and call a few that impress you.

Keep in mind, most real estate agents never graduate from school -- and that's a good thing. From the time they apply for a license, right up until retirement, learning more about what they do is a required part of the job. Continuing education in the field and off is what separates the pros from the Joe Blows and from the FSBOs. Also, most real estate consumers, 74 percent, are so satisfied with their real estate agent they would use them again, according to the National Association of Realtors (NAR).

 

 

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