5 Reasons You Need an Agent in a Red Hot Real Estate Market
Unless you’ve been living under a rock (and who knows, maybe during the pandemic, you have!), you know the real estate market is extremely hot right now. Competition is stiff, and it’s not uncommon for homes to go under contract before they’re officially listed and open to the public.
So, what’s a buyer or seller to do in such a cut-throat market?
You may be tempted to try buying or selling a home on your own to save some cash. But even if you’re seasoned at the process, it’s likely you won’t stand a chance without an expert at your side. Here are just a few reasons why you should enlist an agent to help break through the competition.
Reason 1: Agents have extensive experience in buying and selling homes
While it may seem daunting to you, your agent truly knows the ropes when it comes to buying and selling. Put simply, this isn’t their first rodeo. From pricing strategy to marketing, your agent will know exactly what to do to compete in such a red hot market. They’ll have access to all the best tools and technology to help you find a home or sell your current one fast. During what can be a stressful time, you can rely on your agent’s expertise and rest easy knowing you are in the best hands possible.
Reason 2: Real estate Agents have killer negotiation skills
At a time like this, you need someone on your side who is sharp, moves fast, and knows how to bring the big guns to the negotiation table. While your agent can help you decide on a dollar amount for your listing price or offer, they’ll also go to bat for you in a tough bidding war. The best agents fight for their clients and won’t stop negotiating until they’re satisfied.
Reason 3: Their pictures are worth a thousand words (or dollars)
If you’re selling your home, you probably know it’s time to de-clutter and fix that broken step you’ve been avoiding for a few years. But your agent knows how to make your home look picture-perfect, even if it’s not brand new. They bring a fresh perspective from a buyer’s point of view. They’ll offer advice on staging and will take photos at attractive angles to ensure your home looks its best.
Once the pictures are taken, a strategic description of the home is next. Agents know how to craft the perfect statement that fully encapsulates the benefits of your home. They know what buyers want—and they know how to make them want your home.
Reason 4: Real estate agents have the connections you need
When you buy or sell a home, there’s so much more to the process than sticking a sign in the yard or showing up to an open house. You need to know who the best appraiser is, the most thorough home inspector, the best mortgage lender, lawyers you should use for closing…the list goes on and on. You can rely on your agent to connect you with the best in the business.
Reason 5: Their knowledge of the buying process is valuable
If you’ve ever purchased a home, you know the sheer amount of paperwork can be overwhelming. The average person probably has no idea what they are signing, so it’s reassuring to have someone on your team throughout the process at the closing table to make sure everything runs as smoothly as possible.
The Bottom Line
The real estate market is hotter than ever and buyers are under pressure to select just the right house, for just the right price, at just the right time—all with just the right mortgage. If you’re buying or selling a home and time is of the essence, The WilPower Team at Silverton Mortgage is here to make your home buying process as easy and stress-free as possible. We offer the most reasonable lending terms and rates along with the highest level of service available.