If you’re preparing to buy or sell a home, you’ve likely done some research about the process. Searching online is a great way to prepare for the journey ahead. This helps you compare home prices in your area and learn the steps of the home buying or selling process. With everything you’ve learned, you may be wondering why you need to hire a real estate broker to assist you. The truth is research can’t replace the professional services a real estate broker provides in the buying or selling process.
Consider these top 10 reasons you need a real estate broker before making the decision to buy or sell a home on your own.
Gain an Advocate Who Works for You
Whether you’re buying or selling a home, you need a professional in the industry working on your behalf. When you work with a professional real estate agent or broker, helping you buy or sell a home is their main objective. Real estate professionals work tirelessly to help their clients find everything they want in a new home or get the best value for the property they’re selling.
Add the Value of Education and Experience
The process of buying or selling a home is complex and requires many steps to reach closing successfully. Real estate brokers have the professional education and expertise to handle the process seamlessly without missing any important details. Attempting to learn all about these transactions on your own won’t replace a professional education and years of experience in the industry.
Get Price Guidance
Real estate brokers don’t select home prices for buyers or sellers. However, they can offer valuable advice about market conditions, local home prices, as well as the value of different homes. An experienced real estate broker can give you the information you need to set a competitive listing price. They can also help you determine what types of homes are in your price range.
Conduct Professional Negotiation
Negotiations can occur during the home-buying process for a variety of reasons. Whether you’re the buyer or seller, you need to make sure you’re making the most of your assets. A real estate broker can help you make an offer, counter one, or accept the right offer for your home. With professional experience in the industry and no emotional ties to your property, they can handle negotiations and look out for your best interests.
Recognize Valuable Industry Connections
Real estate agents conduct home sales and purchases frequently. They interact with local experts to help buyers and sellers take care of all the necessary activities to complete a home purchase or sale. A real estate broker can connect you with mortgage companies, repair professionals, home inspectors, insurance agents, as well as other local professionals to help the process go smoothly.
Gain Local Knowledge
Local real estate brokers have a firm knowledge of the area where they help people buy and sell homes. If you’re moving to a new area, they can share important information about local amenities, transportation, recreation, and more. Your real estate agent’s knowledge is also valuable in selecting home prices and finding available properties that match your needs.
Get Professional Marketing
Even when the home-buying market is at its hottest, homes don’t sell themselves. Professional real estate brokers take an active interest in selling your home. They provide you with data about competitive listing prices and take care of all the details of creating an attractive listing across platforms. Real estate brokers stage the home for sellers, take professional photos, create a website and MLS listings, conduct showings, and share your property with other industry professionals. Real estate brokers also vet prospective buyers to ensure they’re qualified to make the purchase to eliminate wasted time.
Home buyers recognize similar perks when real estate brokers schedule showings and open houses, connect you with listings you wouldn’t find on your own, and weed out listings that don’t meet your needs.
Avoid an Impossible Time Commitment
The process of buying or selling a home is a time-intensive journey with many steps. No matter which side of the transaction you’re on, you’ll be required to keep several appointments. You also need to take care of a deluge of responsibilities before the closing day arrives.
A professional real estate broker can take many of these tasks off your hands. They can also make sure you’re present for the appointments you need to be a part of. During the entire process, your real estate broker keeps you informed of progress and ensures all your questions are answered.
Successfully Navigate the Home Inspection
A home inspection is a pivotal part of any real estate transaction. Mortgage lenders require a home inspection, and buyers should request one if it’s not required. Home sales contracts typically include a contingency that will allow the homebuyer to walk away from the deal if the inspection turns out unfavorably.
Real estate brokers attend the home inspection to help smooth the process if the inspection reveals unexpected details. A real estate broker can quickly access valuable information about repair costs. This way, they can help negotiate changes that may be included in the process in relation to the home inspection. Instead of losing a sale or walking away during the purchase process, both parties may be able to find an agreeable compromise.
Helping You Achieve Your Expectations
Whether you’re buying or selling a home, the result will have a significant impact on your life. A professional real estate broker begins by learning more about you and what you hope to achieve through a home sale or what you’re seeking in a new home. Real estate professionals have a wealth of knowledge about how to get the best offers for a listing and what you can do to prepare your home for a successful sale. If you’re buying a home, they can help you find one that fits your wishlist while staying within your budget.
Buying or selling a home is an intensive process that goes smoothly with assistance from industry professionals. Dealing with a big ticket purchase or sale isn’t a journey best left to chance. When you hire a professional real estate broker, you’re more likely to avoid common pitfalls that crop up during real estate transactions and get the results you’re hoping for. For more information about buying or selling a home, contact us at LoPriore Insurance Agency today.
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