Some people don't understand or trust real estate agents, or may feel that they are able to do the same job a real estate agent can do. People love or hate their real estate agent, it all depends on the successfulness of the job they do for their clients.
At times buyers and or sellers might work out well without a real estate agent, however that is not always the case. A great real estate agent can bring a multitude of usefulness to any real estate deal, but for some customers an agent is not always needed. Most customers will get more out of the transaction using a real estate agent than doing the transaction alone.
Some sellers are able to find a buyer on their own, using an agent can assist you in getting more money out of the deal. According to National Association of Realtors you can net about 22% more, depending on what the market is doing at the time of the sell.
Depending on the market you might need to be able to juggle a multiple offer situation. Be ready to handle any lawsuit that might immerge and any additional cost that might arise while closing the deal. The opposite of the multiple offer can affect you just as hard with fewer buyers and need to have the real estate agents assistance to hook a buyer.
More people buy a home using a real estate agent, about 80%, if you don't have an agent you might not been getting all the exposure you need or want. Real estate agents are experts in possessing the intimate knowledge of the area and be able to direct you according to your needs and wants. Real estate agents will know what houses are selling for in the area and make sure the price is right for you, buying or selling.
Real estate agents can also make sure you have all the insurance information you will need. The price of insurance policy can make a huge difference. Insurance is often over looked by individuals.
There are so many more factors that real estate agents play into such as staging, networking with other agents that might have a buyer or seller that you need, pricing knowledge, marketing experience, professional photographer, reliable contractors and inspectors, negotiation experience and most importantly the ability to make sure a buyer is qualified to buy so the deal doesn't fail in the last minute.
Selling or buying a house without a real estate agent is always possible. You don't need a license to do this on your own, if you feel you are capable then you can do it. You might always that the thought "Did I get the best deal?". It is a great deal of work to do this on your own, that is what you are paying for experience and knowledge to make sure all bases are covered.
You do not need a real estate agent to buy a house, you might benefit for having someone on your side. The benefits may outnumber the little bit of money you might save. To most people it is worth the time they save and the fact they get the house they want without as much effort as doing all that work themselves. There is a lot of paperwork and it can get complicated if you're not used to reading legal documents.
There are different types of agents buyers agents and seller agents and they are supposed to put their client's needs first. Please make sure you have the right agent for your needs. Do some research to make sure your real estate agent will work as hard for you as they would themselves, after all you will be spending good amount of time with them and you'll want to get along and be able to trust them.
If you are looking for a buyer's or seller's agent, or just need some information or have questions, please feel free to reach out to me at (404) 410-6465 anytime.
