What Does a Real Estate Agent Do?
How a Realtor Can Help You Buy and Sell
What Does a Realtor Do for Sellers?
While you might be hesitant to hire a real estate agent when you’re selling your home since you will pay commission, the skills a real estate agent can bring to your transaction are invaluable. Often, houses that are for sale by owner actually sell for significantly less than houses that are listed by real estate agents. Realtors have all the advantages when it comes to selling homes: connections with other realtors, knowledge of the current market, marketing strategies and more. While you will usually pay a 5% to 6% commission, houses that are sold by real estate agents can sell for up to 30% higher than for sale by owner homes. Plus, agents know real estate paperwork like the back of their hand. They will be able to help you negotiate through the selling process as well as walk you through the necessary paperwork. Additionally, realtors always want what is best for their clients. If your buyer has a realtor and you don’t, you are at a disadvantage. Some realtors won’t even show their buyers for sale by owner homes.
Just like when you’re selling a home, realtors bring an immense amount of knowledge when helping you buy a house, from negotiating the purchase price to helping you find the perfect neighborhood and home for your needs. Additionally, often the buyer doesn’t have to pay any commission and the realtor fees are paid out of the seller’s profit. While you might think you know exactly what you want in a home and that you know how to find it on different real estate websites and apps, realtors are there to help you get the best deal and the best home.
Hiring a real estate agent can benefit both buyers and sellers. For both people buying and selling their property, realtors know how to walk you through the necessary steps and paperwork for each kind of transaction. For buyers, realtors can help you find your perfect home, explore neighborhoods you didn’t know about, and negotiate the lowest price for your dream home. For sellers, realtors provide crucial marketing skills, negotiation tactics, and market knowledge.
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