1. Real Estate Experience
Working with a real estate agent or broker provides you with insights that can only be gained from the licensure process and a high volume of transactions. Because they have experienced a variety of legal and contractual situations, your agent or broker can help provide guidance no matter what comes up during the course of your transaction.
2. Market Knowledge
Because they know so much about the local market, real estate agents and brokers are better able to identify the trends and developments that impact price and days on market in a neighborhood. They know the latest information on schools, crime statistics, and recent sales, so they can help buyers find the perfect home or help sellers properly position their property for sale.
3. Staging and Popular Updates
Need to get a home sold? By working with a great listing agent, you’ll learn what current buyers in your market are looking for so you can make the updates, upgrades, and changes that get them through the door. In addition, many agents and brokers offer staging services to help your home look its best at every showing.
4. Pricing Insight
Because they understand the market, including the sale prices and circumstances of recent and current comparable properties in the area, your real estate agent or broker can help sellers properly price their properties for a timely sale. For buyers, your real estate agent or broker can help you formulate your offer price so that you get the best possible deal on your home purchase.
5. Market Conditions
Your agent or broker knows the current data and market trends that affect price and days on market. That means that they can give you the most timely and relevant advice as you are making decisions, marketing a property, or negotiating an offer.
6. Professional Networking
Because they are connected to a wide-ranging professional network, you real estate agent or broker has contacts who can help you find off-market or pre-market listings, can provide market insights, and can help you get your deals to the closing table.
7. Professional Negotiations
Don’t go it alone when negotiating pricing or repairs. Your agent or broker can act as a buffer to streamline negotiations and can provide the insights that underpin and support your negotiating position.
8. Contract Insights
Because they understand the ins and outs of contract language, your real estate professional can help you understand the various details of your sales contract and help you formalize details of your deal in contractual language. In addition, your agent or broker can help you understand what addenda and contingencies you need to ensure that every detail of your transaction goes smoothly.
9. Transaction Coordination
By scheduling, coordinating, and streamlining the entire process, your real estate professional ensures that every deadline and every detail of your transaction is taken care of. From the initial offer to the closing table, effective transaction coordination is the key to a successful home sale or purchase.
10. Affiliated Professional Referrals
Need a title agent, lender, real estate attorney, or even a great mover? Your real estate agent or broker knows everyone in town and can provide professional referrals that help you accomplish all of your real estate goals.