The purpose of a Realtor is to help you find your dream home while saving you time, money, and stress. Whether that’s searching an extensive list of for sale properties or negotiating a great deal with the seller, your Realtor is there to spearhead the overall process on your behalf. In addition to alleviating time-consuming tasks, here are the six benefits that come with working with a real estate professional:
1. More Listings
Homebuyers, especially first-time homebuyers, can really benefit from a real estate agent since they have access to internal resources with a list of homes that have yet to hit the market. While you can always search online for available homes for sale, the National Association of Realtors® (NAR) discovered more than half of American homebuyers experienced the most difficulty with finding the right property when beginning the process on their own. From the Multiple Listing Service (MLS) to “off-market” listings, a real estate agent can find homes that match your criteria in faster time.
2. See the Red Flags in a Property
A real estate agent’s primary job is to find homes that fit a first-time homebuyer’s criteria. They know exactly what to look for when viewing homes. Furnace issues, leaks, roofing problems, mold, and insect issues can all be easily identified by a real estate agent, which can then be raised during negotiations to reduce the overall cost of the home. Unless you have a background in plumbing or home inspections, it’s very easy to miss red flags that need to be addressed to the seller right away.
A real estate agent can negotiate on your behalf to bring down the overall cost of buying a home and even fight for additional incentives to take advantage of. The homebuying process almost always includes negotiations, and your agent can get a better deal for you on your dream home. A few expenses that can be negotiated down are closing costs, home warranty premiums, repair costs, and cosmetic updates to the home.
4. Market Knowledge
When shopping for a home, it is crucial to understand the market values on homes and how to compare properties. An experienced agent will be able to conduct research and present you with plenty of data on the current state of the market. Additionally, they will be able to advise you if a home you’re looking at is priced way above market value or below market value.
5. They Know the Neighborhoods
A Slidell real estate agent can provide up to date information on utilities, schools, zoning, traffic patterns, and other characteristics that will help you decide if a particular neighborhood is the right fit for you. Finding a great house is just one piece of the puzzle; a local expert here in the Slidell area can help you narrow down your search to find a community that adds to your overall quality of life.
6. Understand the Contract
Buying a home involves more than picking a home and signing on the dotted line. Closing paperwork is complicated. Contracts and disclosures are not always easy things to understand, especially if you haven’t gone through the process more than once or twice. Having an agent there to navigate the closing contract signing situations is a huge key to the successful sale of your home. Your agent can help you gather, prepare, and understand all of the documentation that is required to buy your home.
Real estate agents can help you because they know the neighborhoods, they know the market, and they know comparable housing prices. All of these things factor into making sure you’re pricing your home effectively. You still have the final say, and a real estate agent can’t force you to list at a certain price but their experience and knowledge should be given proper credit. Hiring a real estate agent to sell your home is likely to take a lot of stress off of your shoulders, and may even get your home listed and sold more quickly potentially being the best decision you make during the entire process.