Monday, May 7, 2018

5 Reasons Why You Should Hire Real Estate Agent


If you have house for sale in Coogee or you want to buy houses for sale in Coogee you probably want to hire a real estate agent who is knowledgeable about the local market as well as the local laws the governs the selling and buying of property in Coogee. Some people tend not to hire a real estate agent, mostly because of financial reasons. In doing all the work by yourself, you can definitely save a lot in commission rates. However, for most, especially if you don’t have prior experience in real estate, flying solo would cost you more than what you should be paying for real estate agent’s commission in the long run.

Here are the top five reasons why you should get the services of a real agent when selling or buying a house:

1.      Education and experience

Licensed real estate broker have undergone schooling and training in order to pass the Real Estate Broker Licensure. This means that they are knowledgeable of the laws and rules of real estate. According to Henry Ford, when you hire people smarter that you, it simply proves that you are smarter than them. The key here is to find the right real estate agent that would represent you. If you would factor in the time and effort you will spend in doing it on your own, the cost is approximately the same. Why not get the services of a person who are more knowledgeable and more experienced in dealing with real estate transaction that you are?
2.      They know what’s going in the real estate market.

The condition in real estate market can go hot, cold and neutral. Coogee real estate agents are well-acquainted of what’s going in the real estate market. They have insider’s information about the latest pricing, comparable sales, property supply and demand and the overall condition of the market. With all her insider’s knowledge of real estate market she can help you create the best deal.

3.      Knowledgeable on local deals.

Professional Coogree real estate agents have enormous knowledge of the neighborhood. They know where and how to find important good deals in your area. They also know which neighborhood is the safest and which has high crime rate. They can point out which properties have good access to schools and which one is a flood risk area. They know comparable sales and provide this information to you. For example, a house in the neighborhood is for sale for $300,000, but a good real estate will know that it is now at $250,000 after 70 days on the market and falling twice out of escrow. Real estate agents has also wide network within and outside you locality.

4.      They have superb negotiation skills.

Successful real estate agents have superb negotiation skills, mostly because they can detach themselves from the emotional aspect of the transaction and because they are trained and experienced to handle negotiations. Real estate agents are trained to present your case in a way that it would show off all the advantage. By hiring a real estate agent, you don’t have to deal with the complex and time-consuming negotiation.

5.      They know the legalities and can handle volumes of paper works.

Real estate is more than just haggling for the prices. The most critical part of the real estate transaction is the legalities and paper works. Selling or buying a real property is basically a legal process that requires knowledge of real estate laws and local customs. There are volumes of documents that need to be filled out, compiled and submitted before a deal is closed. One mistake or omission on the paper works can cost you thousands of dollars or land you in court. This entails lot of paperwork. A trustworthy Coogree real estate agent can ensure that the process goes smoothly and nothing is missed.