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Are real estate agents needed? Why? Why Not?John Kavaller
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Absolutely yes! Every Seller and Buyer need a Real Estate pro.Sellers: If you are going to try to sell it on your own, you have no clue what the property is really worth,how to market the property, the realities of buyers thinking, or the fact that everyone that drives by (qualified or not) will want to see your home...you don't know who is coming in to "size up" your valuables.Seller Negotiating: You are too close to the deal and need a person to take you out of remembering every pennny you put into the housel...you will be ineffective at negotiating...gauranteed.Buyers: If you think you can buy a home alone, I gaurantee you will get shafted somewhere along the line....starting with the price. Just because the sellers says it is worth XXX does not mean it is. Do you know what to ask for in the contract? Do you know what the small print means? You will not even know your options until problems come up...by that time you will need an attorney to try to salvage your escrow deposit.A buyer negotiating for themselves is a totally unqualified person for the job. Don't kid yourselves...trying to eliminate a Sales Pro will result in less money in your pocket...I know it, have seen it and it happens all the time.Eve in Orlando
Thank you Tiffany for "stalking" my posts and drawing more attention to my opinion.Eve in Orlando
Agents are not needed
A good agent will absolutely bring value to a transaction.
An incompetent agent could bring real legal/financial hardships
on those they "represent/consult" .
Personally I think the majority of consumers will benefit from skilled representation by an agent who at least strives to understand the meaning of fiduciary...hence, the decision to become an agent ...
.*a perfectly self aggrandized vision of me helping endless generations of home sellers until I passing away in escrow on my cell phone*
A different perspective is the point of asking/answering a question....right?
Do You Need A Real Estate Pro?
I asked the question because it is absolutely critical for consumers to define our legitimacy and value for themselves. Hopefully, by offering our own ideas of how our service expedites and smooths the process, the consumer comes away with sound reasons for using real estate agents.
Some people prefer to walk the new or used car lot alone with no help (read interference) from a sales person. Others want a full-blown tour of the lot as the sales person explains different makes, models, and options.
Much like home shopping, car shopping involves many of the same issues of home ownership. Big-ticket item, insurance, registration, taxes, paperwork and a myriad of other details attended to by the salesperson and dealership.
In essence, the car salesperson expedites the sale and transfer of a vehicle to the end consumer. For that service, he or she receives commission. Those who know the auto sales business understand that good moral fiber, honesty, and sincere service are rewarded by repeat business from the family and friends of the buyer.
How different is this process from introducing folks to our listings or working as a buyer's agent? We have a copious amount of proprietary information we can easily access for answers. The consumer can also access the same information, albeit more slowly and perhaps less accurately.
Buying and selling real estate is not rocket science. As real estate professionals, we should be careful to define what our functions are and how they serve to benefit our clients and customers.
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