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Why do you need a Real Estate Agent?

Today’s home owners have many options in hand which help them to make successful real estate transactions. With the real estate market recovering from the crash in mid 2000’s, the percentages of sales has risen considerably in the recent times. Though it may seem that real estate agencies are on a verge of extinction, but that’s just a myth. At times handling real estate contracts, fixing the right asking price, etc might be very tricky.

Though home owners may save a lot of money by doing things themselves, it is recommended that they take professional whether they invest in residential projects in Kolkata or buy/ sell apartments in Kolkata. Doing things themselves often cost homeowners more, than what they have to pay the agents.  So here are few reasons why homeowners should not reject the idea of hiring a real estate agent:

  1. Better Access and convenience: Real agents are known to simplify the home buying/ selling process since they have the expertise and take charge of everything on behalf of the buyer and seller. They work as a link between the two parties and offer better exposure to the properties listed by other agents as well. Agents know what it takes to complete a deal faster and also help the buyers/ sellers to get the best deals. Real estate buying or selling requires prompt responses and the agents are experts in doing this. If homeowners choose to do things themselves they might actually miss on a huge number of interested parties, since they fail to respond quickly.
  2. Negotiating is Tougher than it seems: While homeowners may think they can save a lot by negotiating themselves, it might turn out otherwise. The relationship between buyers and sellers is not an easy one and in most cases they don’t get along very well, since each one thinks of his own benefits. An agent acts as a connection between buyers and sellers so that the messages are conveyed correctly. They have better negotiating skills and know how to convince people.
  3. Real Estate Contracts are Tricky: Real estate buying or selling involves signing contracts    so that people are protected from certain situations, when one fails make the payments. Agents work with such contracts regularly and know what should be included and what should be omitted to keep parties protected.
  4. Agents work for their client’s best Interests: Real estate agents are licensed professionals so they are bound to work for their client’s interests. They are bound by the common law so any offensive act on their part will be taken seriously. Moreover, real estate agents depend on referrals and recommendations, so they’ll try hard to serve their clients in the best possible way and get the best deals.
  5. Do homeowners really save money? If homeowners decide to crack the deals themselves, they’ll have to fix the selling price depending on the comparable properties in the neighbourhood, hoping to save the commissions of the agents. It might so happen that the seller gets a notion of this and quotes a price that is less than the ideal selling price, to save some money himself. So neither the buyer nor the seller gets to save enough money.

Real estate buying or selling is a very complex process, since a lot of paperwork has to be done, lot of questions have to be answered and most importantly you need to get the best deals. All this might not be possible by the homeowner himself. So whether one looks for buying an apartment in Kolkata or sell a property, hiring an agent would be beneficial.