If you’re considering working with a real estate agent, or even hiring one to assist you with the sale or purchase of a home, it’s important to understand what they do on a daily basis. A real estate agent’s job can be complicated and involves a lot of responsibility. They help buyers and sellers navigate complex situations and ensure that each transaction goes smoothly.
Buying or Selling Property
When helping clients buy a new property, a real estate agent is often referred to as a buyer’s agent. They are responsible for finding the perfect match between the client’s needs and the property’s market value.
A buyer’s agent also helps the client through the buying process, making sure that the client is prepared for the negotiation and closing stages. For example, a buying agent might explain the different types of inspections and what kind of paperwork to expect. A skilled real estate agent can guide the buyer through all of this, and they might even suggest a mortgage lender to help with financing. Read more https://www.sellmyhousefastoregon.com/we-buy-houses-lebanon-or/
Staging or Removing Furniture from a Property to Sell It Faster
If your goal is to sell your property quickly, it’s crucial to remove as much furniture from the house as possible. This allows the home to look as appealing as possible to potential buyers. A real estate agent can help you do this by finding a professional stager and arranging for the home to be photographed.
Researching Homes for Sale
A real estate agent has extensive knowledge of the local property market, and is always up to date on what is selling in their area. This knowledge can make a huge difference in how a home is priced and how it is marketed to prospective buyers.
Marketing a House for Sale
The main way that a real estate agent markets a home is by listing it on the multiple listings service (MLS). This means putting the property in front of potential buyers through a variety of different media channels, including social media and email campaigns.
Touring a MLS to Look at Homes For Sale
A great agent knows how important it is for a buyer to be pre-approved for a loan. This will allow them to search for houses that fit their budget and meet their other criteria.
After they have found a house that meets their criteria, a buyer’s agent will negotiate on their behalf with the seller, ensuring that the price of the home is fair and the terms are favorable. They can also help to arrange for the closing and escrow.
Keeping Track of Lender Approvals and the Mortgage Commitment Date
A skilled real estate agent knows how easily a buyer can lose their loan approval. That’s why they keep up with all of their client’s loan approvals and work to ensure that everything is in order for the commitment date.
Using a Large Network of Agents and Lenders
A good real estate agent will have a large network of agents and lenders in their area. This can be a great resource for a buyer, as it will make the buying process more seamless and stress-free.