Home buyers and home sellers may be able to handle the process of buying or selling their property. Most repel the idea of seeking assistance from a Realtor or real estate broker, or real estate agent.
One logical and acceptable reason is that they rather want to save the money that they would spend for the services rendered.However, that valiant effort could lead to frustration as it takes longer time to find or dispose the property, and in the process you would incur more expenses not to mention the stress.
To refrain from all the fuss, hiring a Realtor could be the wisest thing to do. There are three major reasons why a home-buyer or home-seller needs a real estate professionals. John Dale of Real Times wrote that one major reason is that it would help the person (either homebuyer or homeseller) saves time.
Time is not just a precious commodity as everyone would say. It is also the most precious asset in today's world, be in business, work, and personal lives. So giving away your limited spare time to look for a house, go through listings or cater viewings of possible buyers would definitely make you miserable at some point.
But if you let professionals like a realtor or broker or agent do the work for you. You can actually save your free time. You can simply meet your realtor and tell him what you need for a house if you are a homebuyer. The person can "spearhead your search, narrowing down your options to a fine science of specifically selected homes within your realm of expectations."
Aside from saving time, it helps you save money. The realtor is equipped with the knowledge of fair marketing pricing, at the same time he or she has the skill to negotiate the price for you- the basic of "down for buying, and up for selling." The also have the ability to recommend brokers or financial institution that gives the best rate for buyers. The realtor can also handle the paperwork for you with the assurance that there will be no errors. These are the kind of errors that you don't want when you personally handle the real estate transaction because these oversights are but costly.
Third reason why you hire a realtor is that it saves you from stress. According to John Dale, realtor can give advice concerning your potential pitfalls considering the fluctuating market. He could also give "advice regarding a growing family (schools, community centers etc), or a myriad of other factors." With a realtor, you wont be left alone in "these decision-making processes and life projections, but have a professional you can lean on and troubleshoot with."
Jim Haisler also has a good input why you need a realtor or a broker. Yes, you need these kind of people to save you time, money, and from stress. But you need to bear in mind as well to look for someone in that particular profession who could meet your criteria as well. There are tons of them in the real estate industry but not all of them would fit into the criteria that you have set. Their personality and business ethics should also match yours.
Haisler gave an analogy. Finding a realtor or broker is like finding a doctor. They are all trained and being educated in their medical fields in the same fashion and basic knowledge. But most often than not, "their bedside manner is more important than their medical skills." The same holds true in finding a realtor.
