Tell a Friend
Call Us : 9845054356 | 9980098900
FOLLOW US ON

Home >> Our Expert Talk

OUR EXPERT TALK

Why you need to hire a Real Estate Agent to work for you.

Do I Need a Real Estate Agent?
Though the Internet has made it easier to sell your home without an agent, about 93 percent of home sales are still done with some type of real estate agencies assistance. Gone are those days where only a property Listing or direct “FOR SALE BY OWNER” was easy. Today with the city expanding and more and more investors willing to buy and sell at a shortest turn-around-time, or cash rich people are willing to take quick decisions on buying or selling properties. The availability and demand is varying day by day. Bangalore is a safest and easy to understand market has attracted various kinds of investors. You agree or not are competing with other buyers and sellers for better price, location and value on returns. In this era where there are experts for every activity or business. In real estate they are AGENTS / BROKERS who make business “EASY, APPROACHABLE, PROFESSIONAL, KNOWLEDGABLE with Education and experience & KNOWLEDGE ABOUT THE FORMALITIES OF AQUIRING OR SELLING PROPERTIES IN BANGLAORE. - A good realtor understands the complex procedure and paperwork involved in buying and selling a home. Here are pointers to see if you really need an expert advisor in real estate.

A key tool for real estate agents is the Property/Multiple Listing Service (MLS/ PLS), the online database, which networked agents update available and wanted properties, that contains listings of 90 percent of properties for sale across the city which is otherwise not known to customers. Buyers and sellers can get access to the screened, validated and available database & get solutions for all your problems. Usually, only listed customers get access to the right data and save time, energy and money that otherwise you spend in hunting.

With all of the benefits that come with using an agent, there are some drawbacks. Most importantly, it’s expensive. Working with an agent also requires a certain degree of trust, a willingness to place your most valuable possession in a consultant’s hands and say, “Please help me.” But that, along with letting go of any sentimental attachments you may have to your house, is part of the sale process.

Here is the verdict: The critical role an agent plays helps the buyer & seller to reach at a conclusion where all the stake holders feel respected, valued and feeling of making the right decision when it comes to investing something really big. After all no money can buy time, peace and happiness, so you outsource the strenuous, laborious and time consuming activity and retain the trusted agent as your partner for all your future endeavor and just over phone call get the necessary information required about buying, selling market situations and standards. Some agents are really knowledge and supportive who also look for long-term relationship. All you need to look for is the right professional partner to handle your job.

1. Education & Experience
You don't need to know everything about buying and selling real estate if you hire a real estate professional who does. Henry Ford once said that when you hire people who are smarter than you are, it proves you are smarter than they are. The trick is to find the right person For the most part, they all cost about the same. Why not hire a person with more education and experience than you? We're all looking for more precious time in our lives, and hiring pros gives us that time.

2. Agents are Buffers
Agents take the spam out of your property showings and visits. If you're a buyer of new homes, your agent will keep out unauthorized agents at bay, preventing them from disturbing the flow or creating confusions in the process. If you're a seller, your agent will filter all those phone calls that lead to nowhere to induce serious buyers to immediately write an offer.

3. Neighborhood Knowledge
Agents either possess good knowledge or they know where to find the news about your neighborhood. They can identify comparable sales and hand these facts to you, in addition to pointing you in the direction where you can find more data.

4. Price Guidance
Contrary to what some people believe, agents do not select prices for sellers or buyers. However, an agent will help to guide client to make the right choices for themselves. Then based on market supply, demand and the conditions, the agent will devise a negotiation strategy for you.

5. Market Conditions Information
Real estate agents can disclose market conditions, which will govern your selling or buying process. Many factors determine how you will proceed. Data such as the average per square foot cost of similar homes.

6. Professional Networking
Real estate agents network with other professionals, many of whom provide services that you will need to buy or sell. Due to legal liability, many agents will hesitate to recommend a certain individual or company over another, but they do know which vendors have a reputation for efficiency, competency and competitive pricing. Agents can, however, give you a list of references with whom they have worked and provide background information to help you make a wise selection.

7. Negotiation Skills & Confidentiality
Top producing agents negotiate well because, unlike most buyers and sellers, they can remove themselves from the emotional aspects of the transaction and because they are skilled. It's part of their job description. Good agents are not messengers, delivering buyer's offers to sellers and vice versa. They are professionals who are trained to present their client's case in the best light and agree to hold client information confidential from competing interests.

8. Handling Volumes of Paperwork
Today's registration of property runs hectic, time consuming and tedious process. One tiny mistake or omission could land you in court or cost you thousands. Handling govt.authorities and related department works. This is the legal or an experts job who has hands on experience in carrying on this job as a daily routine will suggest you what needs to be done and the agent will handhold till completion.

9. Answer Questions after Closing
Even the smoothest transactions that close without complications can come back to haunt, but one call to your agent can straighten out the confusion. Many questions can pop up that were overlooked in the excitement of closing. Good agents stand by ready to assist. Worthy and honest agents don't leave you in trouble.

10. Develop Relationships for Future Business
The basis for an agent's success and continued career in real estate is referrals. This emphasis gives agents strong incentives to make certain clients are happy and satisfied. It also means that an agent who stays in the business will be there for you when you need to hire an agent again. Many will periodically mail market updates to you to keep you informed and to stay in touch.

Copyright © 2012-2013 BangaloreEstates.com. All Rights Reserved