Whether you are buying or selling a home, a Real Estate
Agent will negotiate his/her commission with you. It is the same as hiring an
attorney or accountant. They can save you money. A professional agent can guide
you through the pitfalls of the home market. There are two ways one can sell a
home. You can try and sell the home as a “For Sale by Owner” or hire the
services of a Real Estate Agent. In the unpredictable Real Estate market it is
highly recommended to obtain the services of a professional. Not only will an
experienced Real Estate Agent save you a lot of money, he/she can see that the
deal closes successfully.
When selling a home you compete against many foreclosures
and short sales available on the market. To find a buyer that is willing to pay
the fair market value for your home can be easier said than done. The services
of a professional Real Estate Agent are needed in today’s volatile market.
When buying a home you need a true expert that can negotiate
on your behalf. First you have to make an offer and after the home inspection
you may have to re-negotiate. The lender wants to protect the investment by
making sure the mortgagor can repay the money. The lender also wants to make
sure the property has sufficient value. The lender will request an appraisal.
Deals often get cancelled after appraisal. According to the National
Association of Realtors 11% of deals are cancelled from an appraisal coming in
below the price negotiated between buyer and seller. 14% of successful deals
are renegotiated to a lower sales price. You need an expert to keep the deal
together until it closes.
Hire a Real Estate Agent and negotiate the commission. In
this maze of Real Estate complexities your agent will be worth it.