Real estate agents are an essential part of buying or selling a home. You'll want to check out these four real estate secrets whether you're convinced of the importance of the role they play or not. Let's take a closer look.
Secret #1
Professional real estate relationships. Your real estate agent works with professionals like appraisers, home inspectors, mortgage lenders, builders, landscapers, plumbers, and more. Experienced real estate agents have spent years building relationships with these professionals so you can reap the benefits. Take advantage of your agent's relationship with reputable professionals; buying or selling a home will be much easier.
Secret #2
Hidden housing inventory. You heard me right. Licensed real estate agents can access housing inventory you may never see on a large housing website like Zillow. For example, expired, canceled, and not-yet-marketed listings aren't available to the public, but your real estate agent can access them. An experienced real estate agent will go out of their way to seek out hidden housing inventory to find you a house to purchase.
Secret #3
Your agent can provide creative solutions to finding a house that fits your needs and budget. It's frustrating when you can't find a 4-bedroom house to buy. Either 4 bedroom homes are over your budget, or the rooms are so small, you can't imagine raising your family there. An experienced real estate agent will come up with solutions to your 4-bedroom dilemma.
For example, your agent may suggest looking at a home with 3-bedrooms with a den or office. If you were planning on converting one of the bedrooms into an office anyway, this is a winning situation. In addition, a home with fewer bedrooms may come at a lower price.
Secret #4
A diamond in the rough. How many HGTV shows have you watched where the house has been remodeled and is ready for move-in? Most of us dream of a turn-key home when house hunting. Unfortunately, the price of a turn-key home is often well above that of a home that needs remodeling.
Your real estate agent can find homes that need some updates and are at or below your budget. Your agent will contact a local contractor to get a quote on what it will cost to remodel the home. In addition, your agent may suggest talking to a mortgage broker about rehab loans that include a budget for renovations. Don't pass up an opportunity to buy a home in need of some rehab
Conclusion
Don't get frustrated or give up on finding a house to buy. Instead, rely on the expertise of a licensed real estate agent to come up with solutions. Your agent can save you time and money and provide you with options you never knew existed. Now that you know their secrets and how they can benefit you, reach out to a real estate agent today. Need help finding a local real estate agent? Please let us know at info@reazo.com.