These days, it’s common to wonder about the pros and cons of hiring a real estate agent. An agent usually receives a percentage of the final sale price as a commission, or a monthly fee if he or she acts as an intermediary in the process of renting a property. For these reasons, some people prefer to go alone and handle the entire process themselves.
However, the intervention of a real estate agent can be considered as more than the sum of its individual parts: it is a professional who will provide you with a personalized services and help you sell your property faster, safely and efficiently.
In this article, we present to you the reasons why you should work with a real estate agent.
What is an estate agency?
An estate agency is a company that deals with the purchase and sale of real estate (houses, villas, apartments, commercial premises, land, farms, etc.).
The real estate sector includes the purchase and sale of properties, buildings and land. In this sense, the real estate agent is in charge of carrying out these operations, having the possibility of working for an agency or as a freelancer independent.
In concrete terms, what do real estate agents do?
Among the daily tasks that real estate agents have to do:
– Meet with potential buyers to identify their needs.
– Maintain a list of properties available for sale.
– Present properties for sale to potential buyers and explain the important details about it.
– Maintain a record of property showings and visits.
– Respond to inquiries from buyers and sellers.
– Assist both parties with the required paperwork.
The advantages of hiring a real estate agency
- Real estate agents know the real prices of houses
Commission agents or home sellers as well as buyers do not always have all the necessary data to be able to set a starting price or a maximum price at the time of payment.
Real estate agencies have the advantage of working daily in a market where supply and demand meet in a concrete way, which gives them a privileged position.
This position gives them the necessary knowledge of the real price of properties on the market. It is therefore essential to turn to them in order to avoid the scams that often occur.
2- Real estate agents save your time
Whether you are a doctor, an employee or an entrepreneur, time is too precious to waste in any way. This is also true if you want to buy or sell a property. Research, visits and procedures take time if you do not have a large background with these operations.
This is one of the most important reasons to buy a property through a real estate agency, which provides everything necessary for the success of the operation.
Thanks to their experience, they know well what clients are looking for, they are also aware of what the market has to offer and they have the necessary tools to save the buyer worries and money.
Those who wish to buy a property do not have to worry about the endless paperwork, both technical and commercial. On the other hand, the agencies can do you a favor by offering different procedures faster and more efficient.
3- Real estate agents are specialists
Most of the employees of a real estate agency normally work in a certain area assigned to them, which is usually small. Since it is an area where there are few properties, they are competent enough to know perfectly the market situation in which you want to buy.
Aware of the client preferences, they know very well what type of houses you want and help you choose a house that fits more your demand and suitable for the budget.
It is also remarkable that they have a very complete database in which they can search for types of homes based on: price, characteristics, location; etc.
4- Real estate agents know how to negotiate
Sometimes, in the process of buying a property, the two parties cannot agree on the price of the property.
It is in these cases that real estate agents can intervene and make the difference.
Thanks to the data and experiences they have, they will know what to say in advance during the negotiation process. As a result, you will have a better chance of obtaining your dream home by hiring a real estate agency.
- Real estate agents accompany you
Real estate agents are highly qualified to assist their clients during the different procedures related to the purchase of a property.
The real estate agent does not only represent you and take you to visit all the properties. He will also give you good advice and lucrative orientations for your property. From the accompaniment of the client to the respective visits of the houses, and the application for a mortgage at the bank, to the different formalities at the notary’s office until the final purchase of the property.