ADVANTAGES AND BENEFITS OF USING AN AGENT
Below is a short list of advantages of using a buyer’s agent:
• Education and experience • Neighborhood knowledge • Market conditions knowledge • Price guidance • Acting as buffers • Professional networking • Negotiation skills • Handling paperwork • Answering questions after closing • Developing relationships for future business
While this represents a basic list of the benefits of hiring a professional real estate agent, let’s dig a little deeper into some of the major benefits of retaining the services of an agent.
SAVING MONEY IS NOT LIKELY
Despite what many new buyers assume, skipping out on hiring a real estate agent is no guarantee that you’ll save money by avoiding paying the commission fee. The point of not using the professional services of an experienced real estate agent is usually to save money, but the truth is that do-it-yourself buyers rarely get the deal they’re after without an agent by their side, and end up paying more in the long run. Some buyers even expect, rather than just hope, to save money, and make an offer on a home accordingly. However, unless both the buyer and the seller agree to split the savings, then they can’t both save on the commission.
REAL ESTATE MARKET KNOWLEDGE AND ACCESS
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