Whether you're planning to buy or sell a home, real estate agents can make the process simpler. According to a 2023 National Association of Realtors report, approximately 89 percent of sellers used an agent to help them sell their homes.
If you live in the Columbia, MD area, using a real estate agent is a smart way to ensure a smooth home-selling process.
From new construction homes to pre-existing houses, read on to learn how these agents simplify property transactions.
Real Estate Agents Know the Market
Agents in Columbia understand the complexities of the market, and they know how to determine a fair asking price. These professionals also have access to data that can help you sell your property quicker based on comparables.
Your agent can run a CMA or comparative market analysis report. This report looks at other, similar homes nearby that have recently sold to help you determine what a current fair asking price should be. Since real estate agents are familiar with the local market, you'll have a leg up on the competition.
They're Experts at Negotiation
Knowing how to negotiate whether you're buying or selling is vital if you want to get the most money for your home or a good deal. Real estate negotiation is a complex process that typically involves a lot of legal back-and-forth.
Your agent knows how to make or accept offers the right way to protect your best interests. They also know how to make smart offers for your real estate portfolio and how to receive fair offers based on things like the market or the condition of your home.
Overall, your real estate agent is there to act on your behalf to ensure you're getting the best deal possible, and they understand the law. That means that you won't lose money as a seller or you won't overpay as a buyer, depending on which side of the transaction you're on.
Agents Deal with New Construction Homes
Real estate transactions for new construction homes are complex and usually include lots of documentation. You may need to write up a lease agreement for a rental or have your agent draft a sales agreement for a sale or purchase.
Even if you're interested in a new construction home, it's important to have an inspection. The agent will also help you with the financial aspect of the transaction.
Using an experienced agent who knows how to read the documentation for new construction homes is crucial. It's never advisable to buy a new construction home without an experienced agent by your side.
Make Smart Transactions with an Agent
Whether it's new construction homes or property in an established Columbia neighborhood, a real estate agent is here to make the entire transaction go smoothly. Look for experienced agents who understand the market to help you get the best possible deal.
PMI Mason Dixon is here to help you handle your property management needs in the Columbia, MD area, so contact us today to find out how we can help.
