Friday 2 June 2017

Reasons to Hire a Real Estate Agent to Sell your Bungalow



Due to a variety of reasons, people put their bungalows for sale in Canvey. However, the biggest dilemma it brings to them is whether to sell it independently or hire a real estate agent to do the job on their behalf. The most obvious argument one may have is that doing it independently would save the commission costs. However, is these small savings actually a savings and worth the loss that you just be unconsciously incurring. Let’s look at some compelling reasons as to why hiring a real estate agent is a smart idea.

Better access/ more convenience

The job of the agent is to act as a liaison between the buyers and sellers. This gives him easy access to all other properties which have been listed by other agents as well. He is well aware of the entire mechanism and would work in a more concrete and result-oriented manner from start to finish. Getting your house ready for listing, chalking and executing its aggressive and strategized marketing; knowing all current market trends and knowledge are just some of the thing that would make selling a cakewalk for you. The better availability of right tools, appropriate strategy and the convenience it offers is unmatched.

Negotiating is a tricky business

Negotiating the right price for your property is always a tricky business with each side looking at their own monetary benefits. While going independent, you often lack the knowledge to negotiate in a smart and cunning manner yet remaining fair. However, backed by his knowledge and experience, the real agent can tackle just about every situation and always come up with solutions that are reasonable and profitable to both parties. No matter how tricky a situation gets, he can come up with a solution without offending anyone. This makes it a win-win situation for both parties.

Contracts and legal affairs can be hard to handle

Getting the contract paper prepared, procuring all required permissions, transferring the property to the new owner’s name are just a few of the hassling paperwork that is involved in selling the house. This can be handled with utmost ease by the agent in minimal time as well as minimal cost.

Tips for Picking up a Great Real Estate Agent

Amongst the numerous estate agents in Canary Wharf, you would obviously want to pick up the very best or at least an honest, credible and reputed one. However, today, all estate agents advertise themselves via online emails, yard signs, online ads, emails and even sponsored public benches. This makes it difficult for you to cut through the hype and choose the most authentic one. The below tips would help you nail the right one.

Talk with recent clients

Procure a list from the agent that lists down what properties they have listed and sold in the past year. Then have a word with the clients to ask about their entire experience. They would help you get insight on how the agent conducted himself, how helpful and professional he was, how knowledgeable he was, how soon he got the deal wrapped up, etc. This would give you an idea as to what to expect from that agent.

Verify the licensing

The agent must be mandatorily registered and licensed by the state regulatory body in the area where he is operating. This can easily be checked online. Additionally, you can also find out if there has been any disciplinary actions or complaints ever lodged against him and how were they resolved.

Pick a winner

Real estate is no modest investment. Hence, you cannot afford to go wrong here. Thus, try to opt for agents who have some trophies and awards under their belt like the ‘realtor of the year’ or any other such endorsements. Often given by peers, this adds value to the capability of the agent.

Select an agent with right credentials

Like all other niches, the even real estate has specialists. For instance, there would be specialists for commercial spaces, residential properties, luxury apartments, holiday retreats, etc. Taking your requirement into view, opt for that real estate agent who has been trained and certified in your area of interest and has enough experience in it to make things hassle free for you.

Other things that you can look for are the experience of the agent, his current listings and any other queries. This goes a long way in safeguarding your interests.

How to Find Cheap Houses For Sale

If you are venturing into real estate for the first time, it is likely that you are unaware of plenty of things. This makes you vulnerable of being asked to pay much more than what actually needs to be paid. Then, when you are looking for houses for sale in Benfleet, it’s best to follow the below-mentioned tips so that you are not stripped of your money in an unfair manner –

Sort by price

While searching online for properties, you would find most sites showing the most expensive units at the top of the list. You can try to sort them by choosing the option of cheapest first. Now, if you expand this search to the large geographical area, you will be able to find out neighborhoods which inadvertently have low prices. From the list, you can easily choose a neighborhood to your liking.

Look at plenty of houses

Do not settle down for the first house that you like but rather hunt for at least three to four houses of your liking. Now compare and contrast them in terms of locality, ambiance, facilities available, cost of living, after work and repair work required in the house, etc.  A house does not mean the down payment and installment exclusively but also all work that it would require so that you can live there comfortably.

Make plenty of offers

If you would ask any real estate investor, they would generally tell you about 100/10/1 rule. This means they look at 100 houses, make an offer on ten houses to have a single deal clinched. Making abundant offers ensures that you are increasing your odds of clinching a real good deal for yourself.

Consider a fixer

Often houses which are offered cheap require plenty of after-work. Simultaneously, no property should be rejected just because it requires some TLC. You can get these fixers at great prices. However, while considering these fixers, you must:

  • Ensure to get the property inspected by a professional to get the true picture of what you are considering for yourself.
 
  • Get the approximate repair cost drawn up by a licensed contractor. This would not only help you decide on your budget but also give you negotiating power with the buyer to strike a good deal.

Using the above tips, you can ensure that you are able to get your dream house within your budget. If you are still unable to do it on your own, it is best ti hire an estate agent to give you proper advice.