Why Hiring an Agent Is the Key to Buying or Selling a House
By Kara Masterson
Buying or selling a home can be an exciting time. Whether you are upgrading to more space or relocating for work, the homebuying and selling process open a world of opportunities. However, this can also be a stressful and emotional time for many people.
Related: 4 Things You Need to Do Before Contacting a Seller’s Agent
Budgets, time constraints and the realities of the housing market can put stress on nearly anyone. For this reason, it is best to allow a professional to help you through the process. Here are three top reasons why hiring a real estate agent is the key to buying or selling your house.
Real Estate Agents Specialize in Networking
When selling a home, you want to reach as many buyers as possible. When buying a home, you want to see as many options as possible. While it is possible to reach a considerable amount of buyers on your own using the internet, a seasoned agent will have a much larger network. In addition, real estate agents understand the complexities of marketing to reach your target buyers. When searching for a home, agents also have a network of other agents to turn to, access to MLS (multiple listing service) and other tools to find homes you may have otherwise missed.
Expert Negotiations
Sellers and buyers are often at odds in the housing market. Sellers hope for top dollar for their homes. Buyers, on the other hand, want the best price possible for their next house. When facing negotiations without a professional at your side, you are immediately at a disadvantage. An experienced real estate agent will know how to reach a deal that best benefits you. Even more importantly, a good agent can help you make a financially sound decision, even when emotions are running high.
Work Smart, Not Hard
Buying or selling a home is a full-time job. Whether it’s being available for dozens of showings or scouring your desired area for a new house, there is no doubt that buying or selling a home is time-consuming. Unfortunately, most people can’t afford to put their life or careers on hold during the homebuying or selling process. A real estate agent, on the other hand, dedicates their time and attention to their clients. Buying or selling a home is their full-time job. This saves buyers and sellers alike a considerable amount of personal time in the process.
While it may be tempting to face the homebuying or selling process solo, nothing compares to working with a qualified professional. From time to money, an experienced agent will have a solid track record of saving both. Whether it is your first or fifth home, consider entrusting a real estate agent the next time you are buying or selling your house.
Kara Masterson is a freelance writer from Utah. She enjoys playing tennis and spending time with her family. If you are looking to work with a seasoned real estate agent in the Plymouth, Michigan area, Masterson recommends contacting John Goodman Real Estate.
BEFORE YOU REACH OUT TO A REAL ESTATE PERSON...
Contact a Financial Advisor
Well before you sell your home, you'll want to consult with a financial advisor. Selling a home will likely be one of the largest financial transactions that you ever go through, and you need to be absolutely sure that you retain as much money as possible. Tax issues following the sale of a home can be complicated as well, and a financial advisor will make sure that you aren’t going to get into any trouble down the line.
Handle Important Home Repairs
Even if you aren’t planning on completely renovating your home, there are probably a few basic repairs that need to get taken care of. It will be very difficult for you to sell the property at a fair price if there are any major issues with the HVAC system, plumbing or electrical system. A certified home inspector can help you find and address any issues in the weeks leading up to your home going on the market.
Create a Transition Plan
Selling a home while you're trying to move all of your belongings can be a stressful task, and that's why you need to have a solid transition plan in place. Those who don’t already have a new residence may want to put some of their belongings in a storage facility. While you can leave some of your possessions in your current home, you should try to remove as much clutter as possible.
Consider Some Simple Home Upgrades
Sellers who want their homes to stand out from nearby listings should consider a few key upgrades. Investing a little money back into your home should increase its value and make it much more enticing to buyers. Some of the most cost-effective upgrades include fresh exterior paint, new doors as well as modern fixtures.
Look at Nearby Listings
One thing that some sellers do before reaching out to an agent is look at comparable listings in your area. This can give you an idea of what to expect regarding sale price and some things to consider when preparing your home to be sold. Having an idea of what you can do to improve the value of your home ahead of time may make it easier to sell.
Selling a house is always going to be an exciting, albeit stressful, moment in one’s life. If you want to make as much money as possible on your home, consider the tasks listed above before reaching out to a seller's agent.
Anica Oaks is a freelance writer who hails from San Francisco, California. When she's not writing, she's enjoying her time outside with her dogs. Oaks recommends contacting Diane Stowe if you're looking to sell your home in Colorado. Keep up with her on Twitter @anicaoaks.