Did you know that there are over 2 million active real estate agents in the United States? If you are wondering “why do I need a real estate agent?” you are in the right place.
Keep reading for the top reasons you might want to consider hiring an agent.
Why Do I Need a Real Estate Agent?
A real estate agent will represent you in the home buying process. The realtor will set up viewings for you and give you information on houses that interest you and they will also help you negotiate the best price on the home you want to purchase.
On top of this, they can give you references for reputable inspectors and even lenders to help you throughout the loan process. You can find out more pros that a real estate agent will come with when you are buying a new home.
A real estate agent will also come in handy when you are planning on selling your home. They can make sure that you get the best price for your home.
Pros of Hiring a Real Estate Agent
One of the pros of hiring a real estate agent is that they are experts in the industry and if you hire one that has been in the industry for a while they will have a wealth of expertise and knowledge to share with you. Another pro is that they can save you a lot of energy and a lot of time.
Sometimes with all the daily responsibilities you might find it hard to juggle the purchase of a new home or the sale of your current home. They will spend the time needed to gather all of the marketing materials necessary and will invest time in open houses and searching for homes that fit your specific needs.
Although there are many pros of going with a real estate agent we want to make sure that you are aware of the cons as well because it is not always butterflies and rainbows. One of the cons is that you always have to pay them a commission for their work. Usually, you can expect to pay around 6% of the total sale price.
Another con is that they more than likely have multiple clients and this means that they might be a bit busy at times when you need them. The way that realtors make money is by selling houses and therefore sometimes their time might be spread thin.
One last con worth mentioning is that you might find yourself working in their time constraints because of their schedule. You want to have an open line of communication to make sure you are both on the same page.
Do I Need a Real Estate Agent?
Now that you know the answer to the question “why do I need a real estate agent?” you can make an informed decision whether or not to use a real estate agent.
Did this article help you out today? Please browse around our real estate section for our latest.