If you are in the market to buy or sell your home, you may be considering whether or not you want to work with a real estate agent. Some people think that it might be best to go through the home buying process on their own, because they don’t want to worry about the commissions that the agent will need to be paid. But, there are many advantages to working with a real estate agency or an individual agent, and you will see that the advantages outweigh the disadvantages.
Experience and Knowledge
The first benefit is the fact that a real estate agent knows what they are talking about. They have been working in the industry for awhile, and they understand the necessary steps that need to be taken to help the transaction be as smooth as possible. They are familiar with the housing market, to help you be sure that you are getting a good deal. Additionally, a good agent will be keeping up with the trends by continually learning and improving their skill set through ongoing education. For example, if you are planning to use the VA home loan program you can find an agent that specializes and stays up-to-date with the VA guidelines.
This education and experience leads to a natural instinct that takes years to develop. Often, a real estate agent can assess the facts about the situation, and make a correct judgment about the home. Without an agent, it becomes more difficult and overwhelming trying to navigate everything on your own.
Save Time and Money
Working with an agent can save you both time and money. The agent will be able to handle some of the paperwork, freeing you up from the hassle of trying to sort through a mile-high stack of documents. They will be present during the showing of your home, and they are available to answer any questions that come up from the other party.
Money can be saved, because your agent will help you to identify a good deal. When the agent is familiar with the market, they will know the value of certain types of homes, and they can help you to find the homes that are priced low compared with the potential resale value of the property.
An experienced agent will also have resources and contacts who can help when the need arises. When you are looking for a specific type of home, the agent can reach out to their contacts to find a home that matches your specifications. They also have access to resources through specific industry associations and clubs, and those resources can be used to your advantage.
One resource they have access to is the MLS. Anyone can access it for a small fee, but an agent has the understanding to look through the information and interpret it to your benefit. They can help you to post your home on the MLS, or they can use the MLS to help you buy a home that matches what you are looking for.
As you can see, there are many benefits to working with an agent. If you are in a unique situation, you might be able to find an agent who has specialized experience to match your needs. Including real estate agents who are familiar with the VA and know how to get the most out of your veteran benefits.
Give us a Call if you need help locating a real estate agent that specializes in VA home loans or you need to get pre-qualified to buy a home with your VA benefits.