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If you are thinking about buying or selling a property in the UK, it is always a good idea to hire an estate agent. For instance, if you are thinking of buying a property in Oakwood, then you should get in touch with estate agents in Oakwood. For one, estate agents know the local market. Also, buying a new property is a huge investment, so you are going to want knowledgeable professionals that can guide you through the process. The benefits of using an estate agent are enormous, and here are some major advantages.
Estate agents have extensive knowledge
Estate agents undoubtedly have the best knowledge when it comes to the property market. These agents are experts in their fields hence making them the best people to guide you through the process of buying and selling. Estate agents understand the local market, they know the existing market trends and they also have a fair idea of the value of property in a certain area, which is what makes them the perfect people to help buyers and sellers.
Estate agents will guide you through the process
There are quite a few things that can go wrong during the process of buying or selling a property. For instance, one small mistake in the paperwork can delay the sale or purchase for weeks. An estate agent will help sellers stage the property, market the property, set the right price and so on. Similarly, an estate agent will help buyers find the right property, make a good offer and even help negotiate a good deal. At the end of the day, since these estate agents are experts in their field, they will be able to guide buyers and sellers through the process of buying and selling to ensure a seamless transaction.
Estate agents can help you find the best property
If you are planning on buying a home, you will have to search for weeks and weeks to find the perfect property. And, if you are searching for properties without the help of an estate agent, this process could take months! When you hire an estate agent, the estate agent will try their best to understand your needs and requirements. Based on those, estate agents will shortlist potential properties that match your criteria. For instance, if you are looking for a three-bedroom house with a modular kitchen, a luxury above-ground swimming pool or a spacious garage that can be used as a home office, then an estate agent will probably be able to find the perfect house for you, minus the hassle.
Estate agents can help you find the right buyer
For a seller, the stress of staging a property, finding potential buyers and negotiating offers can be a bit too much to handle. That is when estate agents come into play. An estate agent will get professionals to stage your property and take high-quality pictures which will then be used to list your property online. These very estate agents will tie-up with potential buyers and plan house viewings, thus taking off a huge burden from the seller. Also, estate agents can negotiate potential offers which will further take the stress and burden off the seller. Lastly, estate agents are not emotional about the transaction, which makes the process a lot smoother.
Estate agents can help you price it right
More often than not, a seller might price the property too high, due to which he or she might not receive too many offers. Similarly, a potential buyer might make a low offer in which case a seller might reject the offer completely. On the other hand, if the offer is too high, then the buyer will end up paying more than the value of the property. A good estate agent will help a seller set the right selling price to ensure that he or she gets maximum offers and will help potential buyers offer the right price to ensure that their offer is accepted and the deal goes through.
Estate agents are expert negotiators
After all, estate agents negotiate deals for their living! A good estate agent is an expert negotiator, someone who is able to satisfy the seller and the buyer. Unlike on paper, negotiating the right price isn’t as easy as it seems. If the seller refuses to budge from a high price then potential buyers might walk away, and the property could be on the market for months. If a buyer refuses to match the offer price even after multiple negotiations, then a seller might be included to reject the offer. That is when it is important to have an estate agent do the talking. For one, an estate agent can take the emotion out of the process of negotiation. Also, an estate agent will try to make the buyer and seller meet halfway, which is beneficial to both parties.
Estate agents can spot flaws
Once a home is beautifully staged, thoroughly cleaned and decorated with chic interiors, who wouldn’t fall in love with it? However, potential buyers might get sidetracked by the immaculate staging and fancy interiors, but estate agents will not. Most estate agents have a good idea, and they pay attention to detail. So, your estate agent might be able to point out flaws such as water leakage or black mould; flaws which you might not notice otherwise. Similarly, estate agents can also point out if the roof is damaged or if the internal plumbing might be faulty, whereas you might not even notice such problems. Essentially, an estate agent will help you find the perfect home, minus any major flaws.
Estate agents have a good network
If you decide to put your property on the market, you will have to really advertise and market your property to find potential buyers. On the other hand, an estate agent will already be in contact with a large number of buyers who are looking to buy a similar property. At the end of the day, an estate agent has a very good network and can use his or her contacts to find potential buyers. Also, an estate agent has contacts such as financial experts, packers and movers, surveyors, lawyers and so on, all of whom could come in handy at any given point.