And What Does A Real Estate Agent
Do For A Buyer?
These are good questions.
If you are buying a house and considering using a real estate agent, the first question to ask is what does a real estate agent do for a buyer? How will you know if they are doing a good job? What skills are needed to be a successful real estate agent so you can pick a good one?
In this age of Trulia, Zillow, and the like, many people think real estate agents are unnecessary when it comes to selling or buying a home. However, this assumption could not be further from the truth! While online platforms make it possible for the average person to handle some of the tasks involved in real estate transactions, they’re far from a replacement for the professionals.
With hundreds of thousands of dollars on the line, you want the best possible results in a home buying process and so, it’s always advisable to work with a professional. To hammer this point home, here are some of the reasons home buyers should work with a good real estate agent:
Real Estate Agents Can Help You Find the Right House
Searching for a home is daunting even when everything proceeds seamlessly. A great real estate professional will help you narrow down your search to save time, energy, and money by asking you targeted questions to help define exactly what you want. They will help you focus on the right type of property, location, neighborhood, amenities, etc.
Although it will still take time and energy to hunt for a home that matches your needs, most of that time and energy will be spent by the agent.
Assist With the Mortgage Process
Real estate agents are particularly helpful in regard to financing. When it comes to the pre-approval process, the agent is likely to have dealt with various lenders in your area and has the experience necessary to properly guide you through the process. Being pre-approved is a vital step in the property buying process, and so, having a buyer’s agent by your side is obviously beneficial.
Negotiating an Offer – How A Buyers Agent Can Assist
Once you find a home that matches both your needs and budget, the next step is to make an offer. But what amount should you present to the seller’s agent/listing agent. If you make an offer that is too low, the other party will probably ignore it or make them angry.
On the contrary, you do not want to make an offer that is too high as you don’t want to spend more than you need to. It is important to hit the sweet spot- a task that only a great real estate agent is well-qualified to do using comparative market analysis and experience. This is one of the main buyer agent’s role in the home buying process & real estate transaction. How your buyers agent deals with their seller’s agent/listing agent
Help With Paperwork & Closing
When it comes to purchasing property, expect to handle a lot of paperwork, most of which may be unfamiliar, particularly if this is your first time. The listing agents will ensure that you complete your paperwork and sales contract on time, ascertain you fill out everything correctly, and address any outstanding matters in a timely fashion. The closing process is often confusing for both sellers and buyers, but with a good buyer’s agent to guide you through it, you can be certain it will be smooth and seamless.
From the above points alone, it’s clear that a real estate agent is invaluable in regard to a home purchase. However, for the process to go according to plan, you need to pick a reputable real estate agent. There are numerous real estate professionals & real estate agents out there, but you need to pick one with experience in the industry, who knows the neighborhood you’re looking to buy, and who is licensed. The real estate industry is full of scammers, and you need a good buyer’s agent to avoid being a scam victim.
If you have a house or property to sell and want to do that quickly, then here are Cash House Buyers USA, we can help!