Top 5 Benefits of Hiring a Real Estate Agent

    The National Association of Realtors (NAR) recently released their 2017 Profile of Home Buyers and Sellers in which they surveyed recent home buyers and sellers about their experiences. An entire section of the profile is dedicated to buyers’ experiences with their real estate agents.

    If you are looking to buy in 2018, here are the top 5 benefits of using a real estate agent when buying your dream home as cited by recent buyers:

    1. Helped the buyer understand the process – 60%

    If you are new to the home buying process, an experienced real estate professional can explain exactly what to expect during the entire transaction so you aren’t caught off guard.

    2. Pointed out unnoticed features/faults with the property – 56%

    Whether it’s pointing out possible uses for an extra bedroom/office, or using their trained eye to see potentially disastrous hazards that may be hiding out of site, your agent is there to protect your interests and make sure your home buying experience is a good one.

    3. Negotiated better sales contract terms – 47%

    When it comes to negotiating the complex terms of your contract and coming to an agreement with the seller, it never hurts to have someone who has been there before on your side. If earlier in your search you found a couple of less than desirable features on the home you are going to purchase, your agent can make sure that contingencies are in place for you to pay the best price. Their analysis of comparable properties in the area will also help to make sure that your dream home is priced properly for the market.

    4. Provided a better list of service providers – 46%

    Real estate agents are titans of networking. Many have a list of preferred providers who they have worked with in the past and who they trust to work as a part of your team to make your dream come true. This can include mortgage professionals (listed as the #8 reason to use an agent at 22%), home inspectors, plumbers, contractors, painters, landscapers, home stagers, and so many more!

    5. Improved the buyer’s knowledge of search areas – 44%

    Local real estate professionals are often members of community organizations and are usually well versed in their area’s history. Their ties to the community make them a great resource whether you plan to relocate to a new area or across town.

    Bottom Line

    If your plans for 2018 include purchasing your dream home, start your search for a local real estate partner who can help you make the most powerful and confident decisions for you and your family.

     

    Information provided by: Keeping Current Matters

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    7 Responses to “Top 5 Benefits of Hiring a Real Estate Agent”

    • Julius Wither Amberfield

      Written on

      It was really nice how you said that real estate agents make sure that first-time home buyers wouldn’t be caught off guard by explaining the process and teach them about what they need to expect. I think that it also goes the same way for first time home sellers since they too are not sure what they need to do. My brother was planning to sell his current home and move to a neighborhood near our parents’ a couple of cities away. I think it will help him a lot if I told him about this. Thanks.

      Reply
    • Bethany Birchridge

      Written on

      Thanks for noting that first time buyers may not be able to understand the home buying process at first, but that a real estate agent can help them. My friend wants to buy her very first home, so I think she’d love to learn more about how a real estate agent can help her. Do you have any tips for choosing a great real estate agent?

      Reply
      • Kati Spaniak

        Written on

        Hi, Bethany… ask a lot of questions. That’s the first step. Find out how many transactions he or she has done and make sure that they understand how homes are sold. Make sure they give you honest answers about the price of the home as well. Good luck!

        Reply
    • Todd Stauffer

      Written on

      I appreciate how you said that real estate agents are members of a community and that they know the history of the area. My wife and I are looking to move and getting a home with a bit of history would be really nice. We’ll have to look into hiring a good real estate agent who can show us the ropes in an area and show us some good houses.

      Reply
      • Kati Spaniak

        Written on

        Sounds good, Todd. Let me know if you have further thoughts or questions that we can help you with!

        Reply
    • Dino Violante

      Written on

      Thank you for pointing out that a real estate agent will see to it that the entire process is explained to the person, especially if the person does not know anything about home buying. I will talk to my mom about this since this is the first time that she will be buying a house without my dad with her. She needs someone who will explain every single bit of detail to her as she does not know the first thing about looking for a good house.

      Reply

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