A few years ago, I published an article as to the five reasons you need a Real Estate agent:
- Pricing is difficult.
- Negotiating ability is crucial.
- Mortgages are key.
- Your family’s safety is critical.
- Selling is a full-time job.
Since that article, the Real Estate industry has become even more challenging. Here are the latest five reasons you need an agent today.
- What do you do with all this paperwork? Every state has different regulations regarding the contracts required for a successful sale, and these regulations are constantly changing. Florida is no different. There are more disclosures — lead-based paint and Chinese drywall, as well as short-sale and relocation addenda – all driving more and more paperwork and more and more deadlines. Following up on contract deadlines has now become a full-time job.
- Buyers – You’ve found that dream home. Now what? With our lower-than-low inventory, multiple bids are now the “norm.” As a listing agent, that’s a dream – as a Buyer’s agent, that’s a nightmare. An experienced agent can turn that Buyer’s dream into a reality as well as navigate the multiple bids with the Seller.
- Are you a good negotiator? — Remains one of the top five. With all the moving parts of a transaction, your agent has to make sure that all the puzzle pieces come together successfully. Writing the contract is the easy part . . . getting it to the Closing Table requires a professional.
- What is the home you are buying or selling really worth? With all the various metrics available, determining value has become quite the serious art form. Whether you are the Buyer or Seller, your agent needs to determine market value so that you, the Buyer, are not overpaying for a property or you, the Seller, do not accept anything below market unless there are extenuating circumstances.
Some are still concerned that we are entering into another “bubble.” Trulia revealed that even with the recent price increases, national home prices are still seven percent undervalued.
“Home prices nationally remain undervalued relative to fundamentals and much lower than in the last bubble. That’s why today’s price gains are actually still a rebound, not a bubble.”
- Do you really know what is going on in our marketplace? The highly respected Gallup organization released their April Economy and Personal Finances Poll which asked Americans to choose the best option for long term investment. Real Estate returned to the top position over other investment categories (gold, stocks/mutual funds, savings accounts/CDs and bonds).
It is difficult to assimilate all that is dispensed through the media. There is ever-changing information on the News and the Internet about home sales, pricing and mortgage rates. Our large, local Real Estate firm provides up-to-date information through leadership teams, tools and ancillary companies, such as mortgage, title, insurance, relocation and developments.
Real Estate requires the expertise of an experienced professional who understands the maze of paperwork, negotiations, multiple bids, pricing, pre-construction developments and the local market.