Whether you are selling or buying a house, it is not mandatory to hire a real estate agent. As a matter of fact, you can proceed with this transaction even on your own. Say that you take this path, you’ll need to work with a real estate company or title company to help you deal with the paperwork as well as closing. They are going to give you proper guidance the moment that you found a willing seller or buyer and have come to an agreement.
The real question that many are asking is, what they can get from a real estate company or agent?
Number 1. Suggest neighborhoods – normally, your agent is going to ask you a number of questions to be able to know where you want to buy a house, how much you can afford etc. Normally, they will be asking as well for prequalification letter before working with you to assure that you can really pay for the house that will be shown to you. Since agents or companies have the resources and other vital information needed, they are able to suggest neighborhoods and areas that suit exactly what you want.
Number 2. Find houses – a real estate agent will combing through MLS searching for houses that fit your requirements including the number of baths and bedrooms. All properties that caught your attention will be listed down and then, they are going to call the listing agent on your behalf to schedule for a house staging.
Number 3. View properties with you – to accommodate clients, agents are willingly and pleasingly driving them on properties they wish to visit. While the client is in the place doing inspections of their own, they start working on the marketing and use their expertise to point out the plus sides of the property.
Number 4. Determine its value – to determine the true market value of the property chosen by the client, the real estate company will be computing it. Once done, the agent will be guiding the client on how to make an acceptable offer.
Number 5. Negotiate – while in the negotiation phase, the agent shares some knowledge to the client on how to structure and counter offers to the seller.
Number 6. Vendors – a lot of real estate companies and agents have list of professionals to be called upon throughout the buying process to make it as smooth as possible. Such professionals can be anything from home contractors, appraisers, inspectors, attorneys etc. To guarantee that there will be no hiccups in communication between clients and professional, it is the agent who will be communicating with these professionals on behalf of their client.