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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 sight, 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, let’s get together to discuss your options and to help you make the most powerful and confident decisions for you and your family. Contact us today!

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

  • It’s interesting that 56 percent of home-buyers felt a real estate agent help them find potential hazards in home before buying them. My friend is actually looking to buy her very first home, so I think she’d be interested in reading this article. Do you have any tips for choosing a great real estate agent?

  • I do like that you emphasize how important negotiation skills are when choosing a real estate agent. After all, if you do not like certain aspects of a home then a good negotiator can help you with that. As the article points out, the agent might be able to negotiate a better price for the home so that you can funnel your savings into fixing the problems that you do not like.

  • I really appreciate your tip to try and find a realtor who can negotiate all of the contingencies for your contract to give you a better deal. My wife and I have been thinking of getting a new house, and we are concerned that we won’t be able to find a house in the expensive neighborhood around my work. I will be sure to tell my wife that we should try and find a realtor who can negotiate the price down!

  • It’s so cool that about 60 percent of home buyers felt that a realtor helped them understand the home-buying process, which helped keep them from being caught off guard. One my friends got engaged, so he may want to buy a home soon. This article could help him see the importance of a real estate agent, so thank you for sharing it.

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