Hiring a Real Estate Agent – Is It Necessary?. Hiring a real estate agent may seem the best decision you have ever made when it comes to selling or buying a house. Is it as simple as calling a realtor and let him or her take care of the rest? How can you find the right one? Or, is it necessary to hire a real estate agent?
We must say that the answer depends on various factors. The initial factors you need to assess may include how quickly you want to sell, how much time you want to devote to the process, how much money you want to accept as the offer, and how much money you are willing to give the agent. There are several options you can choose when it comes to selling your house – even if you have no experience with that before.
Reasons for hiring a realtor
As long as you can find the right agent, you will get the best outcome. The right agent will give you a full service which requires you to pay more commission. However, it gives you tons of benefits though.
Hiring a highly trained yet well-educated professional allows you to get rid of paperwork and red tape. The agent will do that for you. Errors and omissions won’t bother your mind since they have insurance, which also limits your risk.
Hiring a real estate agent saves a lot of your time. They will take care of anything including weekends tours, staging your house, and so on. As we have mentioned earlier, you just need to hire the right one. Your agent will also coordinate upgrading and repair efforts (of course, with your permission). They have solid networking and contacts to make your house sellable.
A local real estate agent knows well about the local market. He or she knows hor the price points are set and the best place to advertise your house. Also, the negotiations are done by your agent. Your agent will represent you while maximizing the profit. Still, make sure you hire a highly trained, well-educated, and experienced agent.
Reasons to consider not to hire a real estate agent
However, hiring someone to act as the behalf of you may expose you to several things. This may happen if you hire the wrong person. Please do your research before concluding on one name. It determines your future and your house as well.
No matter to whom you give the right to negotiate, you will need to pay commissions. If you can sell the house on your own, all the money will be in your hands. Still, if this is your first time selling a property, you need the hand of a realtor, which requires you to pay him or her. Generally, you need to let 6 percent of the sale price for the agent.
Your agent may be pretty busy. It makes your property got the least attention from the agent. Make sure you choose a real estate agent that will give proper attention. Choosing the wrong person to do this job will lead to frustration, missed calls, missed deadlines, and flopped deals. You don’t want that, do you?