Benefits of using a real estate agent to list and sell the same

Real estate terminology can be a bit confusing. A sales agent works with people who are buying a home. They’re not just for closings—their job is to help buyers from start to finish. Of course, you can search for a home on your own, but a sales agent is a licensed professional who is trained to understand every detail and help you make sure you don’t miss any important steps. A good sales agent will sit down with you early in the process and help you make a list of what you want in your next home. They will notice your current living situation and ask you what you like about it and what you would like to change. If the market is a buyer’s market, which means inventory is high, you may be worried about seeing too many properties. Your agent will quickly round that up for you.

Their next step is to get pre-approved if you haven’t already. The pre-approval letter shows the amount of home loan the bank has approved for you. According to Better, having a pre-approval letter shows sellers that you’re serious and gives you an advantage over other buyers who aren’t pre-approved. This is especially important in markets where many discounts occur. Once you find the right one, your sales agent will help you make the best offer on the home. They know the market well and will tell you if your offer is too high or too low, and handle all the negotiations so you don’t have to. After a home inspection, you can negotiate repairs or cash at closing. They will be with you on the final walk making sure everything is as it should be. Your agent will schedule your closing and represent you and make sure all paperwork is accurate and signed.

Ultimately, they will be the ones giving you the keys to your new home. A sales agent has a fiduciary duty similar to that between a physician and patient, or a lawyer and client. According to Real Estate Express, a sales agent’s fiduciary responsibilities include disclosing known material defects in a home, acknowledging all monies received and paid, treating clients fairly and honestly, and complying with all state and federal laws.

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