When it comes to home sales, buyers and sellers usually sit on the extreme opposites. Sellers want to get the most out of their property while buyers are on the lookout for the best value. But at the end of the day, both expect one thing in common: a successful transaction. While sellers and buyers have different needs, both sides will significantly benefit from hiring a real estate agent in San Francisco. Seasoned agents are ready to take their client experience up a notch by providing market insight and time saving technologies that make the whole buying/selling process relatively stress-free.
If that’s not enough reason for you, here are the top five reasons hire an experienced real estate agent.
Real Estate Agents Offer Convenient and Reliable Support.
Finding the right property is extremely challenging. Unfortunately, the process can take a ton of time. You might also have difficulty when it comes to reviewing and understanding the documents involved in a real estate transaction. And that’s normal!
However, you need a general understanding of how the market works, whether you are buying or selling a property. If you don’t want to waste time a real estate agent will help.
Real estate agents streamline the process of buying/selling a home. You won’t have to worry so much about completing the paperwork because agents and their brokers are responsible and are insured with errors and omission insurance. More importantly, its their fiduciary responsibility to be on top of all the purchase/sale agreement and disclosures involved in your sale. Think about this: you can avoid “leaving money on the table” with the help of a real estate agent in San Francisco and Greater Bay Area.
Agents Help You Get More Value for Money.
Are you contemplating selling the house by yourself, “FSBO” (For Sale By Owner) when listing your home? Just a caveat: you might lose more money by going down this route. When you do quick maths, it’s easy to assume that you’re getting more money without paying for extra commissions.
However, a 2022 report showed that FSBO listings earned up to 30% less for their owners than agent-listed properties. So, how is this so? Well, there are a lot of things to factor in when pricing your property. Unfortunately, most homeowners don’t understand how the pricing market works, so they can price wrong, accumulate days on martket end up selling their properties for less as it is prcieved as “stale”. Remember that while you’re not paying listing commission, you only save acouple points as you’ll likely to have to pay a commission if the buyer is brings their agent.
As a property seller, it makes sense to enlist the help of a San Francisco realtor and focus on the 95% proceeds and not 5% commissions, your property will sell faster. But, how about for homebuyers? Hiring will expose you to more properties and thorough disclosure leading to an informed decision and successful transaction.
Agents Ensure Everything is Taken Cared For.
San Francisco Bay Area real estate has generally been a seller’s market for a long time, yet every block offers an informed buyer an oppritunity. One of the best benefits of working with an agent is CONSISTANCY! With a professional by your side, you can gain consistant data as you learn the market and piece of mind knowing that everything is taken care of.
So, whether you’re a buyer or seller, your real estate agent has always got your back. They have your best interest in mind. Their “fiduciary” responsibility to their clients is the highest standard of confidentiality.
With a real estate agent by your side, you’d be informed and advised whether any requests for information is legal and reasonable. In an FSBO deal, you’ll have far fewer and limited options.
Agents Know Where and What to Look For.
In this hot Bay Area Market, it’s truly difficult to find a nice and affordable property that requires less maintenance and repairs. The best thing about agents is knowing where to look for your desired property.
An experienced real estate agent in San Francisco knows to be on the lookout for any issues that might not cross your mind, dry rot, roofing problems, mold, and even neighborhood problems. They can easily spot the telltale signs of these problems and know the best ways to handle them. With that extensive knowledge and experience, you can save thousands of dollars down the road.
The great way to confirm value is by doing comparative market analyses; this task is what agents do best. They can send well-researched, current, and statistics-backed data about your neighborhood’s demographics, schools, and other essential factors affecting your property’s pricing. All this alone can take up a lot of your precious time. That’s why it’s best to trust the professional to do the heavy lifting.
Agents Are Great at Negotiating Deals for You
Real estate agents are excellent negotiation sharks. Remember their fiduciary responsibility towards you whenever you’re in doubt about how they negotiate deals. It’s always your agent’s job to get you the best possible price and terms with your transaction.
Agents are trained to negotiate on your behalf. Most importantly, they know the market and have tried-and-true techniques that work for you to get better leverage when you prepare to write or accept an offer.
Make A Smarter Choice, Hire A Real Estate Agent In San Francisco!
There’s no doubt that some people are qualified to sell their own homes. But do the rewards outweigh the risks? Selling/buying your own home without the help of a professional might sound smart but may be short sighted.
To echo Henry Ford’s words: Surround yourself with people that know more than you. One does not need to be able to do it all – one does need to know how to get the task at hand accomplished.
It’s always better to make the smarter choice and avoid any costly mistakes because selling/buying a property is definitely not a simple process. When you get into a difficult situation, it always pays to have a professional you trust who can help and guide you.
Do you need a reliable and top realtor in San Francisco? Redmond Realty has got you covered! At Redmond Realty, we provide proven insights and valuable solutions for our clients. Our real estate agents in San Francisco ensure that the process of buying a property, selling a property, or exchanging property is easy and stress-free.
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