5 Reasons Why You Need A Real Estate Agent as a Buyer or Seller

5 Reasons Why You Need A Real Estate Agent as a Buyer or Seller

By Emilio DiSpirito, Realtor / Top Real Estate Agent / Radio Show Host / National Speaker

Make no mistake we have more information than ever that we can access as consumers. Car shopping will never be the same when you can see what other people are paying in the area for the same car (ehhhemm.. actually, I have qualms about this.. because the average person would not negotiate as I would.. so these apps don't mean anything to me). Resources go above and beyond written information and include videos, podcasts, blogs, emails, etc. that offer incites on nearly anything your heart desires. 

So, with all of this information, why do you absolutely need a real estate agent when buying or selling?

1.) Understanding the data: How can we be sure whatever we are looking at on Google, Bing or Yahoo is accurate information? Full time real estate agents understand the data, have the most reliable sources and save you the hassle of depicting it!

2.) Saving You Time: Selling and buying real estate by no means is rocket science.. well most of the time. However it is very involved and more time is needed than you think. We estimate between 60 and 90 hours go into each transaction, and that is with well seasoned agents. Consumers whom hire Realtors are needed for about 10 hours of the entire process when buying and roughly 15 to 20 hours in total when selling. Your real estate agent will save you between 1 to 1.5 work weeks.

3.) Winning Negotiations: Negotiations are nothing less than an art and expertise. This may single handily be the most beneficial reason why hiring a full time top real estate agent will benefit your bottom dollar when buying or selling. Keep in mind, expert negotiators have ended labor union strikes, halted wars & negotiated peace among people throughout history. According to a study done by National Association of Realtors, For Sale By Owners net 85% of what they would of had they used a Realtor. When buying, there is much more than price that you will need to negotiate, its inspections, appraisal in some cases, mortgage contingency dates, closing times, etc. Hire a professional to save and make you money when listing or buying real estate. 

4.) Extended Team That Can Save You Big: Real Estate Agents many of the times have extended teams of professionals that can save you a ton of money and can provide powerful protection. Examples of these professionals are real estate attorneys, mortgage brokers, home inspectors, accountants, financial planners, contractors, etc. Working with a team of professionals who refer all of their clients to a trusted "extended team" of real estate pros is like the Groupon of the industry! You immediately get the best value for the generally the overall lowest end cost.

5.) Somewhere to Turn When You Need Guidance: Real estate is a life long investment and you will need guidance many times throughout your experience in dealing with real estate. Having a trusted partner that can provide you with vital information and referrals is crucial when owning property. The best real estate agents do not expect to assist you in buying or selling every time the phone rings, and while we do appreciate referrals of your co-workers, friends and family, we do also appreciate clients who are looking for assistance in finding the right contractor or the best financial planner, best place to get a burger in town, etc.

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