Both buying and selling a home can be rather stressful. We often think of buying as the more stressful process as it involves actively sourcing the funds for the sale and finding the right purchase. But selling a home comes with plenty of obligations. You must not only ensure that the home is ready for sale, but you must also market it and ensure that you are fulfilling all of your responsibilities as a homeowner. Never mind the competitive housing market, which can be difficult to stand out in. An estimated 5.64 million existing homes were sold in 2020, while 822,000 newly constructed homes were sold in the same year, according to the National Association of Realtors.
All of these issues are reasons why people choose to work with realtors, whether they're buying or selling. A real estate agent offers many valuable skills. You just need to make sure that you find the right one. With that being said, let's look into some of the reasons why you should work with a real estate agent when buying or selling a house.
The process of looking for or marketing a house can be quite time consuming and difficult to maintain while you're working full time and tending to your personal life. A real estate agent can take care of these processes for you, and free up a lot of time on your behalf.
It can be difficult to determine whether a house is actually a good fit for you or whether the sale of your home is working out in your favor. A real estate agent can negotiate and advocate for you, ensuring that your rights are represented and that you aren't taken advantage of.
A huge reason why people work with real estate agents is that they have connections in the industry. A real estate agent will have greater access to a wider range of homes and for that matter home buyers. Additionally, they can work with other agents to facilitate your sale or purchase.
4. They Can Improve the Price
If you're buying, a real estate agent can help negotiate the price down. If you're selling, they can emphasize the benefits of the home and the validity of your price.
Look at a realtor as a proxy; they can represent you and ensure that your goals are met.