The Importance of Hiring the Right Agent

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Importance of Hiring the Right Real Estate Agent

Posted by HomeHunt on March 23, 2021

How Finding an Experienced, Reliable Real Estate Agent Can Help You

We all know that the home buying process is challenging, but the right real estate agent can help break this stigma. The right agent can help you every step of the way and ensure that you are happy with your decision. 

When buying or selling a home, it may be tempting to handle the process on your own. Your past home buying experience may fuel this decision, but this only showcases just how important it is to have a good, reliable agent to work with throughout this journey. There are many benefits to working with an agent that will ultimately outweigh the concerns that most buyers are wary of. So, what exactly does a real estate agent do and how can they make your transaction stress-free? Here are the top five reasons why you need an agent, regardless if you’re buying or selling a home. 

A Real Estate Agent Understands Your Wants and Needs 

Individuals who are looking to buy a home or investment property typically have set requirements on what they want. From the number of bedrooms and bathrooms to property location, a set of must-haves is always established first. You are putting a great amount of your time, effort, and finances into a new home; therefore, helping you find what you want and desire is very important to our HomeHunt team. However, it can sometimes be challenging to find a home that is in your desired location and within your budget, which also includes your required amenities. This leads to the question: which house will be able to suit your needs and budget? 

Working without a real estate agent means that you must do all this research yourself, sifting through the various options. This time-consuming task can quickly become overwhelming, especially if you’re moving to a new area that you’re unfamiliar with or are a first-time homebuyer. Do not put yourself through this stressful task. An experienced real estate agent can efficiently and quickly tackle this process, shortlisting properties based on your provided wishlist. An agent is aware of all the available houses on the market and can find options that fit your needs and budget. They can help streamline the home buying process and take the stress away during an exciting time in your life. 

A Real Estate Agent Knows the Market

Real estate agents have the best understanding of current market trends and can provide great benefits to homebuyers and property investors. Experienced real estate agents have extensive knowledge regarding the different aspects of the housing market, as well as how various factors, like interest rates, can impact homebuyers. They also have significant knowledge of the street-by-street housing market, which is crucial for both buyers and sellers. Having this convenient wealth of understanding proves useful when compared to the information found on the Multiple Listing Service (MLS). 

Working with the right agent can provide you with access to important information, including:

  • Median and average sales prices
  • Average price per square foot of similar properties
  • Ratios of list-to-sold prices
  • Comparables to help you make the most informed decision regarding your upcoming buy or sell
  • Neighborhoods with the greatest increase in market value over the years
  • Neighborhoods located by great schools
  • Most promising properties are in your desired area

Gain Access to Professional Networks 

Real estate agents have extensive, professional networks involved with the process of buying and selling a home. Numerous agents often have a list of preferred providers they’ve compiled from past business interactions. This significant benefit is important for anyone looking to buy or sell a home. For example, individuals selling a property can utilize a list of contractors provided by their agent for any repairs. 

Homebuyers will need to find trustworthy professionals, including appraisers, inspectors, mortgage professionals, and more. Taking the time to research these individually can be time-consuming and stressful, especially if you end up working with someone less than ideal. Tapping into your trusted agent’s network can save you both time and stress. This proves especially beneficial for first-time buyers, as well as novice real estate investors. Buying a home requires a lot of steps and the task should only be completed by the best in the business. 

Professionals Can Spot Potential Property Problems 

When it comes time to sell a home, property owners need to ensure that it’s in optimal shape to attract more buyers and help speed up the selling process. Homebuyers are also looking for properties in great condition to limit their budget for repairs and renovations. However, in both cases, there are often problems you might miss that could lead to serious issues. 

Professional agents have a trained eye for helping identify potential problems, like roofing issues, furnace problems, leaks, and pest concerns. Your agent will have a home inspector assess the property and give you a detailed report on any problems with the home. A buyer’s agent will be able to help give you a good sense of what repairs you can request in the contract. A seller’s agent can help you find the best approach options for fixing these concerns. Either way, your real estate agent is responsible for protecting your best interests, which can save you money and stress. 

A Real Estate Agent Provides Important Pricing Guidance 

Let’s face it, money is normally at the forefront of all decisions. It is important to stay within your budget when buying a home and being realistic with what your home is worth when selling. While you may have a ballpark idea of how much you think your house is worth, there are other factors you’ll need to consider. Emotions can cloud your judgment, leading to overestimating the actual value of your property. However, others may undervalue their homes due to poor research or lack of understanding of the local market. You are not alone as this happens to everyone going through this process. The only way to really determine your home’s worth is by learning the real estate comps, which confirm that you’re in the right range. This will help individuals determine the optimal price for selling or buying a house. However, the easiest way to calculate comps is by working with an agent. 

Most real estate agents will have the ability and knowledge to properly price a house with a quick property walkthrough. Anyone can take the time to gather the required information on sales of comparable homes online, but our agents know if these figures were over or underpriced. They can also provide a comparative market analysis to help evaluate the different factors that impact home values. This crucial benefit helps sellers create an accurate and realistic listing price for attracting more buyers. It also helps buyers make the right choice when putting an offer on a house. 

Our Agents Ensure the Best Home Buying and Selling Experience 

From access to off-market listings to the convenience of having a professional handle the exhaustive paperwork required for buying and selling homes, there are countless benefits available when working with the right agent. The HomeHunt team is honored to provide leading support for homebuyers, sellers, and property investors. For more information regarding what our team can offer you, please contact us! 

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