Saturday, March 31, 2012

Why Should I Use a Real Estate Agent ... - Marcus Kray, Realtor

Many buyers and sellers ask why they should use at Real Estate Agent. This one is easy.? Whether you are buying or selling a house, the services a Real Estate Agent can provide are extremely valuable.

If you are selling?

Today?s sellers must compete with foreclosures, short sales, and other homeowners trying to sell. An agent can promote your home in a better strategic position than on your own. An agent has many resources at his or her disposal for marketing a house for sale that an owner cannot access.

Among those resources is the local Multiple Listing Service (IRES in Northern Colorado) which will present the listing to virtually all other agents in the area. IRES is also connected to the MLSs in Denver and Colorado Springs, so if you list with an agent here, your home will be seen by agents along the entire Front Range. And when you list on IRES, your home is visible on ColoProperty.com, one of Colorado?s most extensive listing websites.

Managing the appraisal process, inspections, and buyer qualification has become more complicated in a tougher credit market. A good agent is well-connected and maintains a high-quality relationship with all parties involved in the transaction process and effectively communicates throughout the transaction.

One of the most difficult steps to listing a house is determining the sale price. An agent has a number of resources and a high level of expertise in the housing market, and can use that information to provide a detailed Competitive Market Analysis (CMA) of your area to help determine the most likely sale price of your home. Owners listing their home on their own often overestimate the value of the home and sit in wonder when the offers don?t come in. Then they end up calling an agent anyway.

If you are buying?

A good Real Estate Agent is a housing market expert in a particular area. If you have a particular need, an agent should know if there is something available that will fit that need.

There are a number of resources online for finding a home, but none is more valuable than the local MLS. Not every house on the market can be found online, nor can every house be found on the MLS, but a good agent knows every major outlet for finding listings and combines those resources to find the best possible fit for your needs.

In 2011, about 88% of home buyers nationwide used the services of a Real Estate Agent when purchasing their home. Nearly all of those buyers also used the Internet in their home search, but found the services of an agent were very helpful.

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In short, this is our job. Agents work very hard to research the housing market, become familiar with virtually everything going on in their community, and educate themselves on state and national regulations for selling and buying real estate. Agents are trained marketers and negotiators and are the best resource for finding or selling a home.

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