f you’re at a juncture in your life at which you want to buy or sell a home (or other type of real estate) you may be debating with yourself as to whether you should go it alone or engage a real estate professional to assist you. In fact, there are four key benefits to realize through the engagement of a real estate professional to assist you in either buying or selling a property.
Perhaps nothing is a more significant benefit associated with hiring a licensed real estate professional that the depth of experience you’re able to access by doing so. Buying or selling real estate is not something the average person does as a matter of routine. Thus, you need to have the level of experience a real estate professional brings to the equation to be in the best possible position when it comes to buying or selling residential (or commercial) property.
Knowledge of Different Neighborhoods
Another benefit you obtain from engaging the services of a real estate professional if you are a buyer is a keen knowledge of different neighborhoods in the community. As a buyer, you may have your mind set on a particular neighborhood in which you think you want to purchase a home. A seasoned real estate professional can assist you in diving deeper into everything from schools to crime to unique neighborhood amenities.
Price Setting Assistance
If you’re a seller, a real estate professional can prove invaluable in assisting you in setting a sales price for your property. Although a homeowner can access some resources his or her self that can help in setting a sales price, a real estate professional has the experience, additional resources, and a network of other professionals to draw upon in coming up with suggestions regarding setting a sales price. In addition, a real estate professional is invaluable when it comes to negotiating strategies.
Market Condition Data
Another benefit that a real estate professional brings to the table is market condition data that is not readily available to the public at large. This vital information includes:
- Average square foot cost of similar properties
- Median sales prices
- Average sales prices
- Average days on market
- Ratios of list to sold pricing
In the end, engaging a real estate professional can prove highly beneficial. Not only are there financial benefits but you garner a truly valuable piece of mine when you hire a pro.