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Advantages and disadvantages of hiring a real estate agent by andrew son





Article Author Biography
Advantages and disadvantages of hiring a real estate agent by
Article Posted: 09/22/2012
Article Views: 31
Articles Written: 80
Word Count: 574
Article Votes: 1
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Advantages and disadvantages of hiring a real estate agent


 
Real Estate
The job of selling your own house without the help of a real esate developer is indeed very hectic and involves a continuous emotion and physical effort. Though one can sell his house on his own without taking the help of a real estate developer, it is also true that an indept knowldege of the market and a lot of time to investment in the process are two important prerequisites without which it is impossible to sell a house at a good price.however, those who opt for a real estate agent enjoy several more benefits that enable them to just sit back and relax while their agents gets them the best possible deal. There are negative and positive aspects of everything and likewisen when you are in a situation where you have a house to sell and don't know whthere to go about it on your own and hire an agent, you must weight the advanatges and disadvantages of both before taking a final decision.

Generally, when an onwer decides to sell his home and does not wish to go around and do all the homework himself, he looks for a real estate agent to sell his house at a profitable price. The services of a real estate agents are not free and they charge a commission of 5% to 8%. So owners who do not want to share any percentage of their profit with an agent take up the charge of selling their house on their own and save a lot of money. For those who can afford to give away a little share hire agents and give the responsility of their house selling to the agent.

The advantage of hiring an agent is that agents are professionals with years of experience and cerifitcations in the real estate field. They understand the market and the area in which properties are located. So when you transfer the responsibilty to an agent's shoulder, you can be sure that you'll be able to make the most of your property. They are so well trained that their advices are objective and aimed at getting the maximum out of the deal. They analytic capabilities ensure that out of all the potential buyers only the most profitable one is chosen. Also because these agents charge a commision on the sale price, they work very hard to get the best deal with maximum profit. Their expertise provides them the skills to be able to understand the correct value/price of the house. When an owner sells his house without an agent, he sometimes makes the mistake of incorrectly pricing his house since he doesn't have the knowledge of the market. So an agent sells your house at the best price prevailing in the market and gets you the highest possible profit.

But the disadvantage of using a real estate agent is that if the agent turns out to be dishonest and greedy, he may sell your house at a less profitable price and sometimes do even bigger frauds. The world isn't short of bad people and so is the case with real estate market. You have to be very cautious while choosing your agent.

Sometimes these agents value your property at a very convenient price to get buyers easily. Also, these agents charge a very high commision which may be very expensive and heavy on the owner's pocket.

Real Estate Agent
Real Estate Agents in India

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