Why You Need a Realtor
Real estate agents, or realtors, are licensed professionals that specialize in the buying and selling of property. As experts in the real estate market, professional realtors have spent years learning and understanding government legislation, real estate contracts, and the ups and downs of the market. They also abide by the rules of the local real estate council and must renew their licenses regularly to remain active in the market.
It can be very tough to sell your property or buy your new home depending on the current conditions of the market. Realtors give you a competitive edge when you are buying a home or selling your home. The 3 major benefits of working with a realtor include:
1) More Profits
Experienced realtors can suggest improvements to your home that will make it more appealing to potential buyers so you can list the property at a higher price.
Realtors help a homeowner get more profits when selling their home by pricing the property at an optimal price that will sell within a reasonable time frame. Too low of a price can mean leaving money on the table.
When you are selling your home, your real estate agent can negotiate for more money or additional terms that will be to your advantage.
2) Save Money
Buying or selling real estate, especially your home, can be a very emotional time. Realtors act as an impartial third party that can give you timely advice to help save you thousands of dollars. They understand mortgages and interest rates so they can properly advise you about homes inside or outside of your budget.
When purchasing a home, your realtor can save you money by understanding the seller’s motivations. If the seller is motivated to sell, your realtor can negotiate a lower selling price, saving you money.
Realtors know the ins and outs of real estate contracts. You could be losing money if something is not written into the contract, or if you don’t understand the rules and regulations of real estate transactions.
3) Buy or Sell Your Property Faster
Working with a real estate agent means you’re more likely to sell or buy your property faster. Realtors have access to marketing tools and a network of realtors that help to expose your listing to more buyers than a homeowner listing their own property for sale.
Realtors help homebuyers find a home quicker by researching potential homes, condo buildings, and neighbourhoods that would suit your needs and wants. They have access to listings that may not yet be posted.
Buying or selling real estate is a significant financial investment. Realtors are professionally trained to help their clients maximize their profits and save money. With the help of a professional real estate agent, buying or selling your property will be much smoother and faster.