Preview

Real Estate Agent

Good Essays
Open Document
Open Document
989 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Real Estate Agent
Deciding whether or not to use a real estate agent when you buy or sell your next home is a question that you might have asked yourself in the past. If you are not sure if it would be beneficial to use a Real Estate Agent, maybe this article can help.

The 2011 profile of homebuyers and sellers created and distributed by the National Association of Realtors shows that For Sale By Owners (FSBO's) accounted for only 10% of home sales. Also the average FSBO listing sold for $150,000 while the average real estate agent assisted home sold for $215,000. While many people think that they can save time and money by selling the home on their own, this is often not the case. They also usually don't always understand the trials that come along with selling
…show more content…
Whether you're buying a new home or selling your existing home, a real estate agent can help protect your interests and potentially save you a substantial amount of money. We have compiled a list of benefits for both the homebuyer and seller.

Reasons To Use A Real Estate Agent When Buying A Home

1. A home buyer is usually not required to pay the real estate agent. When a real estate agent represents a home buyer on a purchase of a home, the commission earned by that agent is paid for by the seller of the home. The commission is taken out of the sales price.

2. Real estate agents have access to the Multiple Listing Service (MLS). The MLS is a serviced provide to real estate agent that gives them the most up today information on homes that are for sale in your area.
This service is not available to the general public. With the MLS an agent can find out information about the home like, taxes, how long it has been listed, price changes, special features on the home etc.

3. Agents have knowledge about the area. A real estate agent should be able to tell you about the neighborhood, schools, activities, recreational areas, etc. that are available in the areas that you are looking to
…show more content…
Agents keep the deal going. Once your offer has been accepted you will have a lot of tasks that need to be completed in a short amount of time. Your agent can help you keep track and orchestrate all the tasks required in the buying process.

Reasons To Use A Real Estate Agent When Selling A Home

1. A real estate agent is worth the commission. Once you actually consider all the things your agent will do for you from the time they list the home to the time it sells, the commission paid to that agent is usually money well spent. Often times an agent will be able to help you get your home sold much faster and for more money than you could have on your own.

2. Agents understand the current housing market. Choose an agent that lives in your area. This agent will understand the neighborhood, home values, benefits of the area, and the local competition.

3. Agents know how to sell your home. This is their job, and just like any other job if they don't do a good job they get fired. A real estate agent is a professional and should know what they are doing. It is often a good idea to get an agents track record prior to letting them sell your home. Selling any home takes experience, dedication and knowledge in this market. Their job is to attract buyers and sell the

You May Also Find These Documents Helpful

  • Satisfactory Essays

    GDP11 Unit10 Rep046 13 S

    • 303 Words
    • 2 Pages

    Buying a home is a process that many of us will go through in our lifetime. If we are like many other prospective buyers, we will experience this major decision three or four times in our working years. A home is often the largest purchase we will make, and it therefore deserves our careful attention.…

    • 303 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Checking out Flower Mound homes for sale? An experienced real estate agent can show you homes in your price range and provide you with detailed information about the property and community. You’ll still need to do your homework to make sure you select the right property. Here are a few tips to make sure you find the right house for your family.…

    • 469 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Revere Street Solutions

    • 879 Words
    • 4 Pages

    * First, we should do market research on the target area. For example, we should figure out the demand and supply, the trading volume, and the environment in neighboring. After knowing these information, we should also estimate the possible trend of the property value.…

    • 879 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Addendum

    • 383 Words
    • 4 Pages

    ADEQUACY OF ANY PROVISION IN ANY SPECIFIC TRANSACTION. A REAL ESTATE BROKER IS THE PERSON QUALIFIED TO ADVISE ON REAL ESTATE…

    • 383 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    Nick Pratt Case Study

    • 378 Words
    • 2 Pages

    Nick Pratt is a trusted real estate professional who has served the needs of buyers and sellers in the Kalamazoo area since 1983. Nick firmly believes that a home is more than the sum of its materials; Nick believes in the American dream of owning a home. His passion for real estate is only eclipsed by his passion to help others achieve their dreams. Nick has dedicated himself to helping countless buyers and sellers over the years. His belief in the importance of communication compels him to really listen to the individual needs of his clients. Both buyers and sellers in Nick's care are informed about the many opportunities available to them at any one time.…

    • 378 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    We understand that when buying or selling a home the process can be difficult. This is why it is important that you choose a brokerage that will work for you. At Premier Properties we go the extra mile for you. Premier Properties works with both buyers and sellers, taking the stress out of the purchasing and selling process.…

    • 239 Words
    • 1 Page
    Satisfactory Essays
  • Better Essays

    Foreclosure 1 1

    • 1152 Words
    • 4 Pages

    Real Estate Agents Learn the Intricacies of the Short Sale. (2008, August 8). Daily Herald (Arlington Heights, IL). Retrieved from http://www.questia.com…

    • 1152 Words
    • 4 Pages
    Better Essays
  • Satisfactory Essays

    Home Buying Process

    • 412 Words
    • 2 Pages

    Now that you have completed all the budgeting steps and have gotten preapproved for a mortgage loan, you can finally start looking at physical homes. This is where determining the difference between wants and needs comes into play again which is where a real estate agent comes in hand. Finding a real estate agent is step five in the home buying process. Once you have narrowed down the area you want to purchase a home, you want to find an agency that works in that area. To find a local agent you can ask for recommendations from trusted people who have bought recently, which is the best way, or using online aids is also a good way.…

    • 412 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    agents will hold out for the best deal possible when selling their own home, but encourage you to…

    • 1141 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    Agents: work as middlemen between vendors and buyers. These individuals find employment in myriad industries for large and small businesses, depending on their area of specialization. Agents work in countries throughout the world and may seek work from a number of employers simultaneously if their field of specialization provides the opportunity to do so. These expert purchasers and vendors provide a valuable service to their clients.…

    • 5141 Words
    • 21 Pages
    Powerful Essays
  • Good Essays

    Florida Home Advantages

    • 622 Words
    • 3 Pages

    Building a new home or buying a resale both carry advantages and disadvantages. It’s smart to be open-minded about the possibility that finding your Florida dream home may require building it. And, that building it may provide the best bang for your bucks.…

    • 622 Words
    • 3 Pages
    Good Essays
  • Good Essays

    However, the agent's job doesn't end at getting the best contract for the client, it also involves getting endorsements, which is the frosting on the cake.…

    • 594 Words
    • 3 Pages
    Good Essays
  • Better Essays

    “A Transaction Brokerage provides third-party real estate services to buyers and sellers” (Magloff). As clearly stated by Magloff, Real Estate Transaction Brokers are hired to assist all parties during a transaction of either buying or selling property. Real Estate Agents alone can only help so much, but Transaction Brokers are designed to help on a more personal level. Transaction Brokers are fair and can help more than a Real Estate Agent alone. It is important to understand the roles of a Transaction Broker so they can be clearly distinguished from a Real Estate Agent.…

    • 1143 Words
    • 5 Pages
    Better Essays
  • Satisfactory Essays

    For Sale By Owner Sales

    • 429 Words
    • 2 Pages

    This shows that you are doing something that real estate agents never do…that you are listening to them. It puts you in rapport with them (they lead…then you lead them). It also buys you some additional time to process exactly what they are saying.…

    • 429 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Get clued into your competition. Work with your broker or agent to get educated about the price, type of sale and condition of the other homes your home is up against. Attend some open houses in your area and do a real estate reality check: know that buyers that see your home will see those homes, too – make sure the real-time comparison will come out in your home’s favor by ensuring the condition of your home is up to par.…

    • 949 Words
    • 4 Pages
    Good Essays

Related Topics