If you are thinking about buying or selling a home, it can be a big adventure. Our world today is full of instant gratification and easy access to information on the internet, and many buyers or sellers think they can do it all themselves. However, an experienced Real Estate Professional is someone you will need to lead you to your end goal.
The main reasons it is essential to have a professional in your corner haven’t changed, but actually they’ve been magnified due to the projections of higher mortgage interest rates and home prices as the market continues to recover.
1. So much paperwork!
Each real estate transaction requires a lot of paperwork and every state has individual regulations on contracts needed for a successful sale. These regulations also change quite often and a Real Estate Professional is an expert in their market and can guide you through the loads of paperwork necessary to make your dream possible.
2. I LOVE THIS HOUSE… now what?
According to the Orlando Regional REALTOR Association, there are over 230 tasks an agent does for you in every real estate transaction. With the experience that a Real Estate Agent has, wouldn’t you want that on your side when making such a life changing decision and pursuing a home you really love?
3. How does one negotiate?
Maybe you still think you can handle this on your own. However, after realizing how many people you’ll have to negotiate with, you’ll understand why it is so important to hire an expert. You will want someone who is knowledgeable about each party and can answer to them with ease during the process.
4. Where do I begin to know what a home is really worth?
In order to attract the right buyers and shrink the time that it’s on the market, one must price their home correctly. If you are a buyer, you’re going to want to know what the worth is of a home you are interested in. You need someone who is not emotionally attached to the home in anyway to give you the facts about the actual worth of a home. The National Association of REALTORS states that, “the typical FSBO [For Sale By Owner] home is sold for $208,700 compared to $235,000 among agent-assisted home sales.”
Get the most out of a real estate deal by working with a professional.
5. What’s really happening in the real estate market?
With all the information and opinions swirling around out there on the news and internet about the real estate market, how can you know what’s really going on in your specific area? How do you know how to competitively price your home in the current market at the beginning of the selling process? How do you know what kind of offer you should make without paying too much or offending a seller with a low offer?
Dave Ramsey, the financial guru, advises:
“When getting help with money, whether it’s insurance, real estate or investments, you should always look for someone with the heart of a teacher, not the heart of a salesman.”
You need someone who is going to tell you the truth, not just what they think you want to hear. As a buyer or a seller, investing in the expertise of a professional, will give you an educated edge that you will need to make some of the biggest financial decisions of your life.