When dealing with property, you’re dealing with big numbers. Even what is considered a small sale price in real estate, is still tens of thousands let alone hundreds of thousands of dollars. With big ticket items comes different expenses and the one in question is a real estate agent.
Are they worth the money you pay them for the service they provide, or can you do it yourself and get the same outcome? This question comes across the mind of many people. One of the biggest misconceptions is that a real estate agent merely stands around, takes names and numbers and gets paid plenty of money to do so. What many don’t understand are the copious number of hours that are put in behind the scenes working with multiple people. The level of training, in house and self, to continuously increase knowledge to better serve clients. The early starts and late finishes and the sacrifice that take a toll on one’s personal life, whether it be giving up Friday night drinks with friends, so they can be fresh for Saturday opens or time away from their loved ones.
It’s simple. Anyone who takes their asset seriously and wants to get the best return possible, will hire a real estate agent. Not only does hiring a real estate agent take you out of the actual selling process, you also give yourself the greatest chance to get the best price. Having a middle man to enter negotiations without the same level of emotions an owner has over their asset, means you are protected from any negotiations being taken advantage of.
Now, it’s not saying that every real estate agent is the same and will do a wonderful job. You must search high and low for the right agent for you. You keep interviewing until you find the right agent that you feel is going to get you the best price. This is the most important thing to remember. Don’t be blinded about who is the cheapest or who’s sold the most. All your energy should be put into appointing the agent who has proven to you that they will do anything and everything to get you the absolute best price.
The following advice is of a general nature and intended as an opinion and broad guide. For all legal, financial or real estate advice you should obtain independent professional advice to do with the specific nature of your circumstances before making any legal, financial or real estate decisions.