Buyers and sellers might look to save money during a real estate transaction by not employing the services of a real estate agent. By going through this process alone, buyers and sellers might not save as much money as they think. A professional real estate agent REP Calgary Homes will use her knowledge of the local market, as well as her negotiation skills, to help her client meet his objections at the most desirable cost.
Real estate transactions are almost always about the bottom line. A professional real estate agent’s knowledge of the local market and access to home listings and sales data helps him recommend realistic prices to both buyers and sellers. An experienced agent also will be familiar with market trends over a long period of time. Although the decision about how much to offer or how much to accept ultimately lies with the consumer, your agent’s advice helps to ensure that the deal you make is a fair one.
Agents work with a variety of other real estate professionals with whom you might need to call upon, such as mortgage consultants, home inspectors, attorneys and title companies. If complications arise during the buying and selling process, your agent can recommend the best professional to help you with your specific situation and serve as your intermediary if necessary. In addition, such tools as the multiple listing service puts a wealth of market data at your agent’s fingertips — information not available from consumer real estate websites.
A real estate transaction involves various steps: from making and accepting an offer to completing inspections and repairs. A buyer’s agent will help craft an offer that’s reflective of the market and sensitive to her client’s budget, while a seller’s agent will set a listing price that not only attracts multiple buyers but also recognizes the worth of the property. A seller’s agent also can advise her client as to what repairs will earn the most bang for the buck, while a buyer’s agent can look for problems in a home that could end up costing her client thousands of dollars down the road.
Expertise in Managing Transactions
Even a straightforward sale can derail unless both parties honor deadlines and stay ahead of potential problems. A buyer or seller who goes it alone risks making errors that otherwise would have been prevented by an experienced professional. A real estate agent can correct issues with the purchase agreement, make sure inspections and repairs are completed in a timely manner, and keep both parties on schedule to make the closing.