{"id":1209,"date":"2013-01-24T08:04:29","date_gmt":"2013-01-24T12:04:29","guid":{"rendered":"http:\/\/dankrell.com\/blog\/?p=1209"},"modified":"2021-11-23T17:31:24","modified_gmt":"2021-11-23T22:31:24","slug":"thinking-of-buying-or-selling-a-home-without-an-agent-hire-a-professsional","status":"publish","type":"post","link":"https:\/\/dankrell.com\/blog\/2013\/01\/24\/thinking-of-buying-or-selling-a-home-without-an-agent-hire-a-professsional\/","title":{"rendered":"Hire a real estate agent"},"content":{"rendered":"

\"hore<\/a>Why should you hire a real estate agent? Home buying and selling<\/a> without an agent is not for everyone.<\/p>\n

A somewhat prophetic Howard Schneider proclaimed in a 1995 article \u201cFor Better or for Worse\u201d (published in Mortgage Banking; 56(1), 110) that a combination of technology and industry consolidation would drastically change the real estate landscape by the end of the 1990\u2019s.<\/p>\n

Schneider discussed technology changing the relationship between Realtors\u00ae and consumers such that through the development of technology, home sellers and buyers would be able to interact without the use of a real estate agent. He quoted John Moore, then president and CEO of Genesis Relocation Services, \u201cIf you can get the word out about your property efficiently to the mass market, you can avoid paying the full brokerage commission\u2026\u201d and \u201c\u2026within five years, most homes will be able to see listings around the country on interactive T.V.\u201d<\/p>\n

What Schneider described actually happened,\u00a0 and is now called “the internet.” The growth of the internet during the first decade of the 21st century allowed home buyers and sellers to interact with each other like no other time. The technology was a boon for those who decided to go it alone, and not hire a real estate agent.<\/p>\n

Of course the internet was only a piece to the larger puzzle of the early 2000\u2019s. It seems that for a very brief time, just placing a sign in the yard was enough to spread the word of your home sale.\u00a0 Deciding price, financing, and closing all seemed to be a \u201cno-brainer.\u201d But five years after the housing boom, it\u2019s evident that not everyone can sell real estate \u201cby owner.\u201d Many moved back to hire a real estate agent.<\/p>\n

One of the top reasons for selling or buying a home without a real estate agent is the perception of saving money. People who decide to sell without an agent don\u2019t see the value of hiring an agent; while some buyers who decide to buy without an agent believe they can reduce their sale price by the commission amount.<\/p>\n

Although hiring an agent may not be a god fit for some, many value what an agent can bring to the transaction. Real estate agents are housing-market experts; besides knowing neighborhood trends, they can provide detailed market analyses to assist in formulating a listing or sale price for home sellers or buyers. Agents facilitate offers, transactions, and negotiation. They are up to date on legislation affecting home buyers and sellers; agents know the seller\u2019s\/buyer\u2019s obligations, including compulsory disclosures and forms. And of course, there is the time aspect (how much is your time worth?).<\/p>\n

Reasons to hire a real estate agent<\/h1>\n

Talented real estate agents are sales and marketing specialists. These agents know how to interpret home sale data to determine a price, and the best times to list\/buy your home. Additionally, they know how to prepare and present your home to prospective home buyers and promote it to grab home buyers\u2019 attention.<\/p>\n

Getting back to Schneider\u2019s article, he concluded that regardless of technological advances and the inclination toward mergers to an increasingly centralized industry with few big players. It\u2019s ultimately about nearby professionals who have the knowledge of the local market. It’s basically who can personally assist you through your transaction. Personal attention cannot be under-emphasized, especially when the transaction is demanding or emotionally charged.<\/p>\n

Are you better off without a real estate agent? You might think that technology has made it easier for you to go it alone; but, if you want a relatively smooth transaction with little drama \u2013 hire a professional.<\/p>\n

Original located at https:\/\/dankrell.com\/blog\/2013\/01\/24\/thinking-of-buying-or-selling-a-home-without-an-agent-hire-a-professsional\/<\/p>\n

by Dan Krell
\nGoogle+<\/a>
\nThis article is not intended to provide nor should it be relied upon for legal and financial advice. Using this article without permission is a violation of copyright laws. Copyright \u00a9 2013 Dan Krell.<\/p>\n","protected":false},"excerpt":{"rendered":"

Why should you hire a real estate agent? Home buying and selling without an agent is not for everyone. A somewhat prophetic Howard Schneider proclaimed in a 1995 article \u201cFor Better or for Worse\u201d (published in Mortgage Banking; 56(1), 110) that a combination of technology and industry consolidation would drastically change the real estate landscape … <\/p>\n

Continue reading “Hire a real estate agent”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[482,115,383,174,7,270,382,13,402,23],"tags":[1173,857,516,913,814,490,912,663,797,920,803,517],"class_list":["post-1209","post","type-post","status-publish","format-standard","hentry","category-buy-a-home","category-buyer-agent","category-consumer","category-first-time-homebuyer","category-for-sale-by-owner","category-home-buyer","category-home-seller","category-real-estate","category-real-estate-agent","category-realtor","tag-agent","tag-buyer-agent","tag-buying-a-home","tag-consumer","tag-first-time-home-buyer","tag-home-buyer-2","tag-home-seller","tag-listing-agent","tag-real-estate","tag-real-estate-agent","tag-realtor","tag-selling-a-home"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p1VZLf-jv","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/dankrell.com\/blog\/wp-json\/wp\/v2\/posts\/1209","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dankrell.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dankrell.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dankrell.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dankrell.com\/blog\/wp-json\/wp\/v2\/comments?post=1209"}],"version-history":[{"count":8,"href":"https:\/\/dankrell.com\/blog\/wp-json\/wp\/v2\/posts\/1209\/revisions"}],"predecessor-version":[{"id":6309,"href":"https:\/\/dankrell.com\/blog\/wp-json\/wp\/v2\/posts\/1209\/revisions\/6309"}],"wp:attachment":[{"href":"https:\/\/dankrell.com\/blog\/wp-json\/wp\/v2\/media?parent=1209"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dankrell.com\/blog\/wp-json\/wp\/v2\/categories?post=1209"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dankrell.com\/blog\/wp-json\/wp\/v2\/tags?post=1209"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}