5 Reasons to Hire a Real Estate Professional When Buying & Selling!
By: Tara DemingWhether
you are buying or selling a home, it can be quite an adventurous journey; you
need an experienced Real Estate Professional to lead you to your ultimate goal.
In this world of instant gratification and internet searches, many sellers
think that they can For Sale by Owner or FSBO.
The 5
Reasons You NEED a Real Estate Professional in your corner haven’t changed, but
rather have been strengthened, due to the projections of higher mortgage
interest rates & home prices as the market continues to pick up steam.
1. What do you do with all this paperwork?
Each
state has different regulations regarding the contracts required for a
successful sale, and these regulations are constantly changing. A true Real
Estate Professional is an expert in their market and can guide you through the
stacks of paperwork necessary to make your dream a reality.
2. Ok, so you found your dream house, now what?
According
to the Orlando Regional REALTOR Association, there are over 230 possible actions that
need to take place during every successful real estate transaction. Don’t you
want someone who has been there before, someone who knows what these actions
are, to make sure that you acquire your dream?
3. Are you a good negotiator?
So
maybe you’re not convinced that you need an agent to sell your home. However,
after looking at the list of parties that you need to be prepared to negotiate
with, you’ll realize the value in selecting a Real Estate Professional. From
the buyer (who wants the best deal possible), to the home inspection companies,
to the appraiser, there are at least 11 different people that
you will have to be knowledgeable with and answer to, during the process.
4. What is the home you’re buying/selling really
worth?
It is
important for your home to be priced correctly from the start to
attract the right buyers and shorten the time that it’s on the market. You need
someone who is not emotionally connected to your home to give you the truth as
to your home’s value. According to the National Association
of REALTORS, “the typical FSBO home sold for $185,000 compared to
$245,000 among agent-assisted home sales.”
Get the
most out of your transaction by hiring a professional.
5. Do you know what’s really going on in the
market?
There
is so much information out there on the news and the internet about home sales,
prices, and mortgage rates; how do you know what’s going on specifically in
your area? Who do you turn to in order to competitively price your home
correctly at the beginning of the selling process? How do you know what to
offer on your dream home without paying too much, or offending the seller with
a lowball offer?
Dave
Ramsey, the financial guru, advises:
“When
getting help with money, whether it’s insurance, real estate or investments,
you should always look for someone with the heart of a teacher, not the heart
of a salesman.”
Hiring
an agent who has their finger on the pulse of the market will make your buying
or selling experience an educated one. You need someone who is going to tell
you the truth, not just what they think you want to hear.
Bottom Line
You
wouldn’t replace the engine in your car without a trusted mechanic. Why would
you make one of the most important financial decisions of your life without
hiring a Real Estate Professional?
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