Why Use A Real Estate Agent?
In an effort to avoid paying commissions to a real estate agent, many people opt for the for sale by owner (FSBO) route. While this may seem like an enticing option for most homeowners, the reality can be much darker.
Real estate is fraught with legal complications. Buying and selling can be quite stressful, especially if you don’t know exactly what you are doing.
First of all, real etate agents are trained in all legal matters involved in the sale of real estate. Sometimes, these sales go smoothly, but sometimes, clauses, liens, and contingency contracts can make them very complicated. It is hard to know when life is going to throw you curve-balls. The best thing to do is be prepared, and a real estate agent comes not only trained in theoretical real estate cases, but, ideally, with a whole history of experiences from which to draw from. This makes them extremely helpful when negotiating the legal aspects of buying or selling.
Even if your home sale goes off without a hitch, all the paperwork involved can be overwhelming. What are you signing? Sometimes it’s hard to tell when the language is full of legal and industry terms that the average person just isn’t familiar with. Your agent can translate these forms, helping you understand what each step in the transaction is all about.
An agent is connected to a whole network of other agents. This means that weather you are buying or selling, an agent or broker can help. They have a network of other professionals to market your home to. They have clients waiting to buy homes, and colleagues with more clients, waiting to buy more homes. Some homes barely need to be marketed because there are buyers already waiting to purchase just that type of home.
Many people think they can only find what they need themselves, but a good real estate agent will be able to listen to your needs. A good agent knows the market, and knows the area, and may be able to suggest places you didn’t even know existed. They are also familiar with local services, and can recommend lawyers, notaries, inspectors or even contractors they personally know do good work.
Overall, an experienced real estatet agent or broker may cost a little in commission, but the service they provide is worth while. If someone can help you not lose money, or save you a lot of time, aren’t they worth what you paid them?