There are two sides to every real estate sale, listing and selling. Each side is usually represented by a respective agent so as to help the process move along more smoothly.
The seller’s side is typically represented by the listing agent and the buyer’s side by the selling or “buyer’s” agent. Agents may deal with both buyers and sellers, but the majority typically focus on one or the other. Some even decide to handle one exclusively.
When you being the selling or buying process, you may wonder whether or not it would be best to hire a real estate agent. First do your homework. Search for your real estate agent the same way you would any other professional. Take care to do your homework and don’t be afraid to ask questions.
When you house goes up for sale, it will be listed in a database known as the multiple listing service, or MLS. Various agents who are helping prospective buyers will see that listing and can then show the house. Your agent will work for you to ensure you get the best deal you can. This means you will come as close as possible to getting your asking price when all is said and done. Your agent will help you to better understand the entire process and can advise you on whether or not to accept an offer.
As a buyer, your agent will work for you to ensure you find all the prospects in your area that meet your criteria. This is an important part of buying a home because you are making a very big investment. Once the sale is final, changing your mind isn’t an option.
Your agent will also help you find listings you may not otherwise see. All you have to do is tell him or her the specific features you want and you’ll find yourself viewing properties in no time.
Whether you are the seller or buyer, your agent will be there to assist you with the entire process from beginning to end. This is especially important if you have never owned a home. You will learn a lot about the buying and selling of a house, how much to ask, and how much to offer. This information will serve you well the next time you decide to sell or buy.
Some people choose to sell their homes independently to avoid paying a realtor. Likewise, others choose to buy a home without the help of an agent. While this can work in many situations, both parties may not receive the best deal in the end. You should only do this if you are familiar with how the process works and you trust the person with whom you are doing business. Remember, both selling and buying a home are big decisions and should never be taken lightly.