3 Benefits to Hiring a Real Estate Agent
The real estate market is competitive and confusing, which can make it difficult to know
if a professional is worth the commission they charge. Here are three reasons why it’s a
no-brainer to decide to hire a real estate agent to help you sell your home in this changing market.
Agents Specialize in the Real Estate Market
Agents understand how to navigate the real estate market and
understand the nuances of the industry.
As experts in selling and buying homes, real estate agents know how to maneuver
negotiations to get their clients to the closing finish line and they are top negotiators.
If you’ve never been through this process before, an expert can help explain what goes
on throughout the entire transaction. Questions will no doubt arise, such as: What does
escrow mean? When will it be time to close escrow? What information do I have to
legally provide to buyers? You may not realize all the things sellers must disclose when
they sell a house. Real estate agents are trained professionals who understand these
nuances and won’t let anything slip past them during negotiations.
Real Estate Agents Have a Fiduciary Duty
This is probably the most important part -Fiduciary duties are the highest duties under the law, and when you have an agent on
your side, you can rest assured knowing they are bound by law to put your best
interests first.
There are six specific fiduciary duties that an agent must uphold.
Loyalty: The agent is at all times to act solely in the best interest of the principal, which
is you, the client.
Confidentiality: They’re obligated to safeguard and keep your secrets.
Disclosure: They must inform you of all relevant material when it comes to the
transaction. No secrets may be kept.
Obedience: Real estate agents are obligated to obey all lawful instructions that you
provide them, which means that even if they think you shouldn’t put an offer on a house
if you want the contract written, they must obey.
Reasonable Care and Diligence: An agent must be dependable and willing to always
pursue the best options for their client. Under this duty, agents are to use their superior
skills and knowledge of the real estate industry while pursuing their principal’s affairs.
Accounting: This duty compels an agent to safeguard any money, deed, or other
document entrusted to them that relates to their client’s transactions or affairs.
Personalized Attention
Real estate agents work on commission, and we don’t get paid unless you successfully close
on a sale. This alone makes an agent work even harder for you.
As a seller, you’ll get an expert who understands what buyers are looking for in your
neighborhood, a professional who knows how to stage your home based on its surroundings
and potential buyers’ tastes, and someone who will know how to price your home to stand out
from the others.
There’s no need to be stressed out by all the paperwork and legalities that come with selling a
home because you’ll have someone who can explain every part of the contract and offers that
you’re receiving. Plus, agents know how to negotiate the best price for your property, which
could help sell your home for more.
Before you decide to take on the challenge of selling your house on your own, I would love the
opportunity to sit down and discuss your needs.