In this day and age, it is not at all unusual for most things to be completed online. The internet is a fantastic source of information, but it truly can’t replace the expert advice given by a real estate agent. You may be of the belief that you can easily buy or sell a home yourself with just a few clicks online. You may have success using that particular approach, but the truth of the matter is, trying to navigate selling a home yourself can be both complicated and frustrating. This isn’t to say that a real estate agent is absolutely necessary, but rather that they have the potential to make the process of purchasing a house much smoother. Let’s take a closer look at some of the advantages and disadvantages that arise when employing a real estate agent.
One of the biggest benefits of hiring a real estate agent is the fact that they possess an abundance of insider knowledge. A real estate agent is a professional and will know the process of buying or selling a home as if it were the back of their hand. They have taken the necessary classes and obtained their license, showing that they are competent when it comes to this subject area. This means that they will easily be able to answer any questions or concerns that you may have quickly with a straightforward answer.
It is very important to keep in mind that a real estate agent is not just an intermediary between the buyer and seller. Their role is to speak on behalf of the client and to strive to submit an offer that is attractive to both buyers and sellers. Their negotiation skills are likely to be top notch and are sure to come in handy. This particular skillset can be irreplaceable.
As mentioned above, there are also some disadvantages when it comes to potentially hiring a real estate agent. The biggest one that catches some people off guard is the fact that you have to pay for their services. Upon hiring an agent, you will be on the hook for paying up to 15% of the value of the house to that agent. The total percentage will vary depending on your geographical location and the overall cost of the home that you are interested in. Alternatively, an agent could instead opt to charge a flat commission fee that is the same for all clients.
It’s safe to say that not all agents are good agents. It is critical that you do your own research before signing a contract with someone who doesn’t have your best interest in mind. It would be beneficial to see if they have obtained any certifications, licenses, or awards. The whole point of hiring a real estate agent is to heighten the overall investment of your home and not turn it into yet another weight on your shoulders, causing an endless amount of stress.
If you are interested in selling your home without getting a real estate agent involved, consider reaching out to us. We are a real estate investment and solutions company located in Orange County, California. We buy homes in any condition and will pay you in cash. The best part is that you won’t have to pay realtor fees. Feel free to pick up the phone and call us at your earliest convenience! We would be glad to assist you.