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    5 Reasons to Hire a Real Estate Professional When Buying or Selling!

    Whether you are buying or selling a home, it can be quite an adventurous journey. This is why you need an experienced real estate professional to guide you on the path 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 have rather been strengthened by 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 his or her 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?

    There are over 180 possible steps 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 achieve your dream?

    3. Are you a good negotiator?

    So maybe you’re not convinced that you need an agent to sell your home. After looking at the list of parties that you will need to be prepared to negotiate with, you’ll soon 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 who you will need to be knowledgeable of, 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 amount of 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 a study by Collateral Analytics, FSBOs achieve prices significantly lower than those from similar properties sold by real estate agents:

    “FSBOs tend to sell for lower prices than comparable home sales, and in many cases below the average differential represented by the prevailing commission rate.”

    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 on 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 and correctly price your home 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 his or her 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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    2 Responses to “5 Reasons to Hire a Real Estate Professional When Buying or Selling!”

    • Millie Hue

      Written on

      It got me when you said that hiring an agent will be able to process the paper for you which can be complicated because there are different requirements for each state. Since I plan to move into a different state, it would take time for me to understand their requirements, so I am convinced to hire one. I just wanted to settle there to start a new life after getting divorced from my husband this year. Thanks!

      Reply
      • Capprice Kitchen

        Written on

        Hi Millie! We couldn’t agree with you more when it comes to hiring a real estate agent, particularly when purchasing property in a different state. Real estate regulations vary from state to state, and just because one may be familiar with requirements to purchase and sell real estate in one state, does not mean it’s the same in another state. The wisest decision one will make when purchasing a home, one of the most expensive purchases he/she will make, is to hire a real estate professional. I view it this way, I wouldn’t hire a lawyer to perform brain surgery but I would hire the most qualified person for the job. We appreciate your comment Millie, thank you, and we wish you the very best with your future!

        Reply

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