Navigating the real estate market on your own is definitely not an easy task. Whether buying or selling, the whole process can be very stressful. Hiring a realtor is one of the best ways to avoid getting overwhelmed. Doing this can help you make navigating the real estate market both easier and more productive. We’ve prepared this guide to help you get familiar with all the benefits of working with a local realtor, so keep on reading.
You’ll save a lot of time and energy
There are probably hundreds of listings opening and closing daily in or around your area. Dealing with these everyday market fluctuations on your own can be frustrating. It can be hard to keep up with what’s happening, especially if you’re looking for a new home and trying to sell your old one simultaneously.
Touring open houses and keeping track of new listings and all the contacts at the same time can be extremely draining. In addition to all of that, you’ll also have to deal with organizing a move. Moving pros at ksemoving.com advise against waiting until the last minute to do so, as it tends to be stressful. Luckily, a realtor’s there to help with all the heavy lifting. They’ll be doing the majority of these tiresome yet necessary tasks for you. This means you’ll be able to relax and adequately deal with the rest.
Local realtors know the local market
It goes without saying that being familiar with the real estate market is necessary to get the best of it. However, this is easier said than done if you’re new to the area or entering the market for the first time. On the other hand, there’s no one more informed about this subject than a local real estate agent.
One of the main benefits of working with a local realtor is that they’ll be familiar with everything from pricing to how the market tends to change. This is useful in numerous ways. First of all, your chances of scoring a bad deal are next to none; your realtor just won’t allow that to happen. Also, if you’re unsure whether it is the right time to buy or sell, they can provide helpful info based on their experience.
Realtors are great negotiators
Pricing is one of the most crucial things in the real estate market. In fact, new homebuyers will want to score a lower price, while the sellers will do the opposite. Whichever end you’re on, you’ll notice that prices generally aren’t fixed. Instead, there’s usually some negotiation on both sides.
In order to “win” a price negotiation, you need to use good arguments. Unless you’re an outstanding negotiator, leaving this part to the professionals is always better. An experienced realtor is a perfect person to hold this type of discussion for you. If you’re a buyer, they can point out some minuscule flaws that could lower the house price. On the other hand, they’ll likely be able to drive the price up a bit if you’re the one selling. Either way, you’ll benefit financially from your realtor doing all the price negotiations.
They can provide many valuable pieces of advice
An experienced real estate agent can help you with much more than simply closing a deal on a sale. Firstly, they’ll be familiar with the area, which is helpful if you’ve just arrived there. They’ll be able to give you various suggestions that can significantly help you. For instance, if you’re looking for a family-friendly neighborhood, there’s no one better to ask for advice than your realtor.
Apart from the area-specific advice, your real estate agent will be able to provide you with some valuable tips about things like moving. Moving days are often hectic, so some of your belongings might get damaged. An experienced realtor might remind you to get moving insurance in order to keep your items protected. In general, having a professional guide you through everything is a good idea. Some of the advice you hear might be so good that it sticks with you forever.
They likely have contacts and connections in the area
Realtors are often beloved members of their local community. They know a lot of people, which comes in very handy. It’s common for realtors to use these relationships to access listings that aren’t widely available. If that’s the case, you’ll be dealing with much less market competition, which is always nice.
Another one of the many benefits of working with a local realtor is the fact that they can connect you with other service providers in the area. Their experience makes them the best person to recommend an electrician, a home inspector, or a plumber. You will need all of these at some point, so it’s better to get all the useful information as soon as possible.
Your realtor will be physically available
Having your realtor physically be with you throughout the process is very important. If you’re buying a home, they can tour new houses and give you constructive feedback. Apart from that, it’s also very convenient to have your realtor with you during the home inspection. Having another set of experienced eyes on the spot can come in very handy. This is why bringing your agent with you is always a good idea.
Sellers can also benefit from having their real estate agent around. For example, they can help you stage your home to make it as appealing as possible to buyers. When people are touring your home, it’s nice to have a professional nearby to explain everything to them. All of this increases your chances of making a successful sale.
Conclusion
Having a professional by your side when dealing with buying or selling your home can be a lifesaver. With so many benefits of working with a local realtor, it’s hard to say why anyone would decide against it. One thing is sure: if you hire a realtor, you’ll do yourself a huge favor.
About Gerardo Zavala, Realtor
There is a true passion for connecting people with real estate that makes me fall in love with my career over and over again. While my title says, REALTOR® I think I am much more than that. For example, I am present and actively listening to my client’s needs, on the spot when things are urgent, and by your side to say “congratulations.” Most of my clients will say that I am a connection away from support no matter the situation, day, or time. In my opinion, customer service, educating the client on progress and next steps, and overall satisfaction are my top priorities. How can I help you?