Whether you plan on selling or buying a home, navigating the real estate market is very difficult and time consuming. By working with a realtor, you will get the chance to benefit from expert advice, get valuable insight on the latest real estate trends, and increase your chances of closing the best deal for your needs. Many people prefer to handle the buying/selling process on their own, to save some money, or simply because they don’t feel comfortable trusting a stranger with their interests. If you are still wondering whether or not you should work with an agent, keep on reading to discover what you can gain from such collaboration.
1. A collaboration built on fiduciary responsibility
The difference between your average agents and realtors, is that realtors take fiduciary responsibility. This means that they will always have your best financial interests at heart. And this isn’t just a promise. Realtors are subscribed to NAR’s Code of Ethics, and this means that they are contractually bound to protect your interests. From this point of view, realtors are like doctors, and you should feel just as comfortable trusting them with your money or your property, as you trust a doctor with your health and well-being.
2. You will benefit from expert advice and support
When considering various realtors, try to find one whose experience is aligned with your interests. For instance, if you were to buy a property in Hollywood, you should work with a reputable realtor like Brad Jan, who has over 12 years of experience, and who specializes in luxury properties in Hollywood. By working with a person whose expertise matches your interests, you will benefit from valuable insight and local information, from price trends to utilities, schools and more. Not only that, but a relator will also take care of all the documentation needed in this process, from forms, to disclosures, reports and much more. This will save you valuable time, and it will help you stay calm during this process and focus on what really matters.
3. You can count on them for efficient marketing
If you plan on selling a property on your own, you only have a fewmarketing opportunities: you can advertise online, in the local newspaper, and maybe you can post some flyers around your neighborhood. However, a good realtor will have valuable contacts that might be interested in your property. Moreover, they will also screen possible buyers, so that you don’t have to worry about having questionable strangers in your home. Not only that, but they will also meet with all potential buyers, so that you don’t have to waste your time, meeting with dozens of people, who may or may not be interested in your property.
4. You will have an expert negotiator on your side
Being able to negotiate is a valuable skill that can help you in all areas of your life. In our everyday life, we all try to negotiate good deals, but a realtor is a professional who knows exactly which buttons to push in order to get you the best possible deal. Their market knowledge is also a valuable bonus which helps them in the negotiation process, as they can quickly identify a property’s pros and cons.
5. You can count on their experience
Whether this is your first time selling a home, or you have already sold a few properties by now, you will never have the experience of a realtor who has already sold dozens if not hundreds of properties. Laws and regulations can change each year, and they vary from state to state. Realtors are up to date with the latest laws and regulations, and they have what it takes to handle these types of transactions. Moreover, they are used with the challenges that can appear in the selling process, and they know exactly what to do to deal with all possible problems.
