Real Estate Investment 2017: All About Hiring a Real Estate Agent
Selling or buying a house may actually make us think why we always need to hire the services of a real estate agent, whereas we can do the marketing by ourselves. Well, it’s totally fine promoting your real estate property on your own given the internet medium and having social media, however there are very good reasons why it is still ideal to hire services of a real estate agent. In this article, allow us to share with you the benefits of hiring the services of a professional real estate agent whether you’re buying or selling a property, the qualities you need to look for a real estate agent, and the things you need to consider in any real estate investment.
We need to hire the service of a real estate agent when we buy or sell real estate properties because of their education and experience, their knowledge on neighborhood, price awareness and guidance, knowledge on market conditions, professional networking, confidentiality and negotiation skills, ability to handle high volumes of paperwork, answering questions after closing, and developing good relationship for future business. Hiring real estate professionals allow us to have more time on other things, especially we are busy with other businesses and we have no time developing the right strategy to sell or buy our real estate properties. Real estate agents are considered buffers, filtering genuine sellers and buyers, thus reducing time wasted and effort invested. Real estate agents earn a percentage commission for the total cost of a successful sale, so they are focused on their responsibilities and they are well-rounded about the comparable prices and competitive pricing around the neighborhood, with facts readily available at hand like data on demographics and crime, amenities available in the area, directions and any upgrades done.
When it comes to hiring a real estate agent, you should take into consideration his or her local knowledge, organization with attention to detail, connection and representation, tenacity, aggressive yet polite attitude, flair and good grooming, knowledge of technology, hardworking and honesty. Studying and analyzing current real estate market conditions are the expertise of real estate agents, and information such as the average price per square foot in specific location, median, cost of similar homes, average sale prices, average days on market and ratios and effective marketing strategies, another other criteria, will have a major impact on what you really want to achieve in your real estate investment.