Is it beneficial to work with an agent when buying a house?
By riempie9
@riempie9 (1021)
South Africa
July 1, 2012 8:09am CST
Granted, it is expensive to work with an agent as he will take a fat chunk out of your monies which can go towards new appliances and upgrades in the new house you will buy in a specific area. Here are some reasons why you should involve an agent.
1 An agent has contacts in a lot of areas and will be able to cut down on the time it will take to find a particular kind of house; sometimes in just a few hours.
2 An agent has access to a lot of material which will greatly help you to save money.
3 An agent will be able to advise you on deeds and transfers and taxes and take the worry out of prepping for your home inspection.
4 Most of all the real estate agent has tools on how to properly market your house by staging a home inspection, doing an open house, and designing a stunning brochure with all the details of your house. One has to spend money to make money and in this case you want someone with business experience and a marketing strategy who knows what he is doing.
Can you add anything to the above?
2 people like this
3 responses
@rodnac (191)
• Australia
2 Jul 12
Working for an agent can save you time and you can sell the house faster than if you do it yourself. Agents are better for persuading people when selling your house. He will get some percentage of the sale but he will ensure he sold the house in the highest possible price so you can also get more money.
Overall I agree with you on this, when selling the house use an agent.
@jeanneyvonne (5501)
• Philippines
1 Jul 12
I am confused. You stated in your title that you are taking a real estate agent as a buyer and not as a seller. However, you did elaborate on the benefits of the real estate agent for a house seller.
@suni51 (3429)
• India
1 Jul 12
it can work both ways- you may save on time and end up paying extra for the commission of the agent. Still this is worth going for an agent because that is worth your time and bargain in the end. there are reputed agents in the market who have good contacts, therefore you save on time and get to know a detailed report about a particular property.