Top 3 Reasons To Hire A Real Estate Agent

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Would you trust the education of your children to solely YouTube videos? Would you invest your entire life savings in the stock market without the advice of a financial consultant? These two questions probably made you shake your head and say "of course not." This same concept can be said of making an important Real Estate investment. In other words, why invest unless you have the advice of a trusted industry professional?



Why Should You Hire A Real Estate Agent?

Navigating the Real Estate industry can be a tricky process without the right professional guidance.



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1. Pricing Is Key To International Real Estate Success
Did you know that a property's price is one of the top reasons that a home will either sell or sit on the market vacant and waiting for a buyer that is less than likely to ever arrive. With this vital factor in mind, a Real Estate agent will complete the market and property research needed to determine the best price for the home, commercial property, or development. The agent will then consult with the seller to set the price and begin the marketing process. During this process, the Real Estate agent will also devise a negotiation strategy that is based on the seller or buyer's goals and market conditions.

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2. Negotiating Requires Finesse
Anyone who has ever attempted to negotiate on a house sale or lease renewal knows that red tape and flaring tempers are all too common entities. Real Estate transactions, especially international deals, require a copious amount of paperwork, as well as an inherent understanding of the entire process and the underlying market factors that will contribute to the negotiating leverage of either the buyer or the seller. Keep in mind that a seller can also refuse a buyer's offer for any reason, which means that working with a Real Estate agent is in the buyer's best interest if they want to ensure that their relationship with the seller remains neutral. In other words, a Real Estate agent acts as a professional buffer between the seller and buyer, so that the negotiations can remain professional and the ideal outcome is achieved.

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3. Contracts Can Be Hard To Handle
Both domestic and international Real Estate transactions require in-depth contracts that can be hard to decipher if you are not an industry professional. Don't believe us? Without Googling, do you know the difference between a seller's disclosure, HUD-1, ALTA, and closing disclosure? No? Well those are just a few of the possible forms that need to be submitted before entering the closing phase of a home purchase in the United States. Are you thinking about investing in Dubai or the UAE? If so, be prepared to understand the forms associated with the Dubai Land Department (DLD), as well as the potential language or cultural barriers. An experienced Real Estate agent will not only know and be able to navigate cultural boundaries and know what forms to use, but they will also be able to explain to you what each line of the contract means (should you wish to know). As a final word of caution for anyone thinking to go the DIY route, a failure to use and properly fill out the correct contracts can result in the inability to purchase the Real Estate property, or worse, being sued for "false representation on legally binding documents."

The Bottom Line: Hire A Real Estate Agent To Successfully Complete Your Investment

Whether you are purchasing a domestic property or looking to make a foreign investment, a Real Estate agent can help you to successfully buy or sell the desired entity. Properly pricing the property, conducting negotiations, and ensuring that all contracts are correctly written and executed are just three of the top reasons that you should hire a Real Estate agent. When the time is right for you to make your Real Estate investment dreams a reality, be sure to visit Realopedia, a global Real Estate portal that will give you access to the trusted Real Estate agents who will help provide a guiding hand from start to closing.