Buying or selling a home is the biggest financial transaction most people will ever make. Experienced professionals can provide you with the guidance you need to make informed decisions. This is where working with a knowledgeable real estate agent benefits you greatly. Agents play numerous roles when buying or selling a home, increasing the likelihood of a positive result. Using their information on recently sold comparable homes helps you make an accurate offer on a home you want to purchase or accurately price a home you want to sell. This expertise comes from their day-to-day work researching properties and connecting with other realtors and professionals like appraisers and inspectors. Those working in the real estate industry are in the know of the current conditions and trends affecting the local market.
Negotiating requires expertise and emotional detachment. Your real estate agent has likely been through many negotiations previously and has honed their skills and tactics. They act as a buffer between you and the other party so you don’t compromise too much because your emotions get the better of you. Their knowledge allows them to act in your best interests while keeping the deal on track. It helps take the stress out of the transaction for you. The agent’s commission also contributes to achieving the best price, so their incentives align with yours.
Manage paperwork and legal details
Real estate transactions require signing an array of legally binding documents and contracts. Whether you are a buyer or a seller, the amount of paperwork involved may seem overwhelming to you. Your realtor will know all the forms you need, help you understand the implications of what you’re signing, ensure all the required disclosures and contingencies are dealt with, and facilitate the handling of the earnest money deposit. They will also coordinate with the title company and escrow officer throughout the closing process leading up to the passing of the title. Having an experienced guide prevents you from missing critical steps along the way.
Market properties effectively
If you plan on selling your home, your Koh Samui real Estate agent will help market it to potential buyers. They have systems in place to get the property on MLS (Multiple Listing Service) quickly with professional photography showcasing it in the best light along with a compelling listing description. On their website and social media platforms, they have many leads already of serious potential buyers to which they market specific listings.
Open houses and beautifully designed print marketing materials are additional ways your agent will market and advertise your home to facilitate a quick and profitable sale. Conversely, a realtor provides tremendous value when you are looking to purchase a home. Once you find a home you want to pursue, your realtor will ensure your offer is as strong as possible so, you are less likely to get into a bidding war or negotiations that work against you. As your advocate, they will guide you in making smart decisions in finding the ideal property.