Whether you are selling or buying a house, it is not mandatory to hire a real estate agent. As a matter of fact, you can proceed with this transaction even on your own. But say that you chose this path, you will have to work with a real estate company or title company that will then assist you with paperwork and closing as well. They are going to give you proper guidance the moment that you found a willing seller or buyer and have come to an agreement.
So what exactly a real estate company or agent can do for you?
Number 1. Suggest neighborhoods – most of the time, you will be asked by a number of questions by your agent for them to know what it is you want exactly, how much you can afford as well as the location where you wish to be. Normally, they will be asking as well for prequalification letter before working with you to assure that you can really pay for the house that will be shown to you. Equipped with all the info, a good and professional company or agent will be suggesting neighborhoods and areas that suit your preferences.
Number 2. Find houses – real estate agents are combing through the MLS while searching for houses that meet your requirements which include the number of bedroom and baths. They will be presenting these properties in a list, contact the listing agent and schedule the showings of these properties.
Number 3. View properties with you – most of the agents are driving clients to and from properties that they like to see and visit. While the client is in the place doing inspections of their own, they start working on the marketing and use their expertise to point out the plus sides of the property.
Number 4. Determine its value – to determine the true market value of the property chosen by the client, the real estate company will be computing it. Once done, the agent will be guiding the client on how to make an acceptable offer.
Number 5. Negotiate – when making negotiations, the agent will be assisting you in countering and structuring offers that is acceptable to the seller.
Number 6. Vendors – a lot of real estate companies and agents have list of professionals to be called upon throughout the buying process to make it as smooth as possible. These professionals can actually be anything starting from home contractors, appraisers, inspectors, attorneys that might be of help in the transaction. The agent works on behalf of their client to make sure that there will be a clear and open a communication between client and professional.