If you are in the market to buy a new home or to sell property, you may be wondering whether you need a real estate agent or not. While doing all of the work on your own may save you some money on commission rates, handling the process on your own could end up being more costly (and definitely more stressful) than a realtor’s commission.
Purchasing or selling a home is a long term investment with many steps along the way. So when debating between DIY’ing it or hiring a professional, consider the following:
Experience
If you’re not a realtor, you may go through the process of buying or selling property a handful of times in your lifetime. A real estate agent manages hundreds of properties in their career with the up-to-date knowledge required to complete each transaction. Laws and regulations change often, and if you’re not aware of new rules it could cause you to lose a lot of money. Hiring a real estate agent you trust can ensure you get the best deal on your home without delays and/or costly mistakes. It also means you won’t have to decipher the language of real estate in disclosures, forms, and other technical documents.
With experience, comes negotiation tactics. Your realtor should look at every angle from your perspective, including creating a purchase agreement that allows you the flexibility you need to take that next step.
Maximum Options, Minimum Stress
We all have the internet and know its capabilities. You may have researched dozens of properties and have narrowed it down to a few you’re considering by weighing the pros and cons of each home. You’ll have to consider school zoning, HOA fees, zoning, etc. Now imagine having a realtor who has access to even more listings that you didn’t know existed AND they have the knowledge to make sure the home you choose checks all the boxes. A realtor can help uncover hidden gems and most likely knows the details of each neighborhood and community while also staying in your preferred price range.
Keep in mind, real estate agents have a network of their own. Your realtor will have access to listings that may not be visible online.
Marketing Power
Remember that real estate network we mentioned before? It plays into selling a home, too. Simply advertising a home is for sale is often not enough. A big part of real estate sales happens from real estate agents’ contacts from previous clients, friends, family, and other agents in the area.
Code of Ethics
Every real estate agent is required to follow a strict code of ethics that is based around protecting the community and acting with professionalism. Hiring a vetted realtor means you have an objective third party you can trust to point you in the right direction.
Sand Seeker Realty is a full-service Realtor and offers a large selection of real estate sales and rentals from vacation lodging accommodations, monthly to long term rentals/leases on the beach and ocean as well as just off the beach in Panama City Beach and Panama City. Contact our office for more information!