Real estate agents are more than just people who help you sell your house or find a new one. They can also be great friends and life mentors, helping to navigate through tough decisions like job relocations and relationships with others.
NEGOTIATING IS HARDER ON YOUR OWN
A real estate agent will keep the transaction “at arm’s length,” such that personalities and emotions do not become involved. Price negotiations take a special skill and understanding of the psychology of offering and counter-offering. When you work with an agent, they translate your thoughts to the seller. Agents can help you communicate with the seller and have a better understanding of any problems that need to be worked out. When there are workable issues, your agent will negotiate on behalf of both parties for an agreeable price based off their assessment.
CONTRACTUALLY SPEAKING…
There are many contracts and documents involved in purchasing a house. The stack is more than an inch thick. Buying a property is the largest investment many people will make in their lifetime. The documents involved are not always easy to understand, and one mistake could haunt buyers down the line. It's important for agents to be thorough with these documents as they may have significant impacts on future owners of properties! I would like to share one situation. A property that sat on a double lot was put on the market. The neighbor bought it to carve off a bit of the second lot to expand his own yard.
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