Why is it important to work with a real estate professional? Great question! Trying to navigate the complex process of buying or selling a home by yourself can actually cost you more money in the long run and result in hassles you don’t have time for. Luckily, a real estate professional can help you in so many ways, whether you’re buying a home or looking to sell your house.
Real Estate Professionals Know What to Look For
It’s a real estate professional’s job to give you all the information about a neighbourhood’s demographics, crime rates, schools, and other crucial factors. That’s a lot of time-consuming research to do on your own! What’s more, a real estate professional will know what to look for when touring homes, including furnace problems, leaks, roofing issues, mould and pest problems. Not only will your real estate agent recognize these issues, but they’ll also know the best solution, which can save you thousands of dollars in the long run!
They Are Experts in Managing Transactions
A real estate transaction comes with a host of paperwork such as:
• Deed
• Bill of sale
• Affidavit of title
• Seller’s affidavit
• Transfer tax declarations
• Written offer
• Repairs
Even a simple sale can go awry unless both parties stick to the deadlines and keep on top of potential issues. If you decide to go it alone, you risk making mistakes that an experienced real estate professional would not make. For instance, your real estate agent can fix any problems with the purchase agreement, keep both parties on schedule, and ensure that inspections and repairs are done correctly and on time.
Real Estate Professionals Have a Fiduciary Responsibility
Whether you’re buying a new home or selling an existing property, your real estate professional has a fiduciary responsibility to you. That means your real estate professional must always look out for your best interests. Real estate professionals are legally bound to adhere to a strict code of ethics, so you can trust that they are always looking out for you, and they are on your side!
They Are Skilled Negotiators
There are many steps to take in a real estate transaction. You need to make and accept an offer, complete inspections and repairs, and so much more. If you’re using a real estate professional as a buyer, they will help create an offer that reflects the current market and makes sense with your budget. As a seller, your real estate professional will set a listing price that’s attractive to buyers and recognizes your property’s value. Moreover, a seller’s agent can advise you on what repairs will help you see the most ROI. A buyer’s agent will help you look for issues in a home that can help negotiate the price and save you thousands of dollars down the road.
Real Estate Professionals Have a Vast Network of Connections
Real estate professionals are continuously networking with other agents and professionals in the real estate industry. Since they are always networking with other agents, real estate professionals learn about new homes even before they hit the market. This gives you a better chance of finding your dream home. A real estate professional will also point you in the right direction regarding important factors like finding a good mortgage broker, a professional home inspector, a reliable contractor, and more. A real estate professional is a valuable resource to both buyer and seller.
“When you hire people who are smarter than you are, it proves you are smarter than they are.” – Henry Ford. The key is to find the right person to help you with your real estate journey! Luckily, Giancarlo and his team are always here to help. Whether you’re looking to buy, sell, or have someone manage a rental property for you, Giancarlo Management is whom you need to call. With years of experience in the industry, Giancarlo and his team will make sure all your questions are answered, and you feel comfortable and supported throughout the entire process. So don’t hesitate to reach out to Giancarlo and his team today at 438-364-0904 or info@carangelomgmnt.com.