Buying and selling real estate
When you think of investing in property or real estate, it is imperative that you have a good deal of information about how the real estate market functions. Buying or selling of real estate is one of the most complicated business transactions. If this is the first time that you are dealing with real estate, you will need all the help you can get to ensure that you do not end up with a major financial loss. So, the best way to go about it is by hiring the services of an expert who deals in real estate – a certified realtor.
Let’s face it, buying and selling real estate is not something individuals do often. For most people, buying a new house is a lifetime purchase and it probably involves one of the biggest financial decisions that they will ever make. A real estate agent is someone who bridges the gap between buyers and sellers and he is well aware of everything that concerns the real estate market. So, here are 2 good reasons why you should hire a real estate agent.
The first reason is because they have expertise in dealing with real estate. Real estate agents are well connected and they know everything about the properties in their local area. So, every time there is an enquiry from someone who wants to buy a house in that locality, they are the first to know. Similarly, every time someone intends to sell their old house, the real estate agent gets to know about it. This enables the estate agent to match buyer’s requirements and seller’s quotes and thereby close a deal. It saves you a lot of time as opposed to visiting multiple houses which are not of your liking or meeting multiple buyers who can’t afford your selling price. Only a certified real estate agent will be able to help you with all the requirements that have to be met to make your property deal binding in the eyes of the law.
The second reason why you should hire a real estate agent is because he is well aware of property prices and he will protect you from any scams. Real estate prices keep on fluctuating but a certified agent will be aware of the rates at all times. They have a system in place which updates their listings and resources by the minute. So, when you visit them, they will ensure that you receive accurate information. This will ensure that you do not under quote while selling a house or pay extra if you are a buyer. The estate agent will ensure that the buyer and seller are satisfied with the outcome of a sale. A real estate agent saves you from the possibility of getting cheated by unauthorized brokers who are usually just trying to make easy money.
Resource: http://www.fulfords.co.uk/forsaleoffice/teignmouth/674/