The Advantages And Disadvantages Of Using Real Estate Agents

The real estate business is a vicious one. You have estate agents doing every thing they can to get as much clients as they can handle. Which is a good thing for the clients because the competition is keeping their fees down. However, not all people are comfortable in using a third-party in such transactions. So is it wise to use a real estate agent?In order to find the answer to that question, you have to know the good and bad things that come with using someone like this. If you don’t know what these are, then you will find the following very interesting.The Advantages Of Using A Third-Party1. They know how everything works.- Selling or buying a house is not as easy as selling or buying a car, or a TV. Excluding ones personal taste and safety requirements, there is a lot of paper work that needs doing. Since you are talking about ownership rights and properties, you need to know exactly where to go and what to do. As a private person, there is no way to know this, unless you sold or bought several houses so far. But if this is your first time, then such an individual will be very helpful to you as he knows which papers need doing.2. They get things done faster.- Properties get sold and bought a lot in every city, state or country. As a result, estate agents develop all sorts of relationships with a lot of the country officials and state workers. Thus they can get paper work done a lot faster as they know where to go and know people there who will assist them in doing things a lot faster.3. They can shield you from frauds and scams.- Since the real estate business is a very rich one, there are a lot of scams going on. The most targeted ones are the home owners who don’t use a third-party for their transactions or make a bad choice in picking an agent. Since the real estate agents know the ins and outs of a transaction, they will make it safe for the client and protect them from any fraud attempts.4. They give advice based on fact.- Since they don’t have any emotional link to a transaction, their advice will be based purely on fact and past experience. If you are selling a home, they will tell you what price you should ask in order to make a quick sale. If you are buying a property, they will tell you if you are making a good choice or not.The Disadvantages Of Using Realtors1. Double commission charging.As you might already know, realtors take a small percentage of the transaction for their services. But sometimes, if only one party is using an agent, then that agent will charge the commission for both parties.2. There are also bad agents.Not every person is a just one. The same goes for realtors. If you are not careful who you get to represent you, you might end up being the victim of some elaborate fraud. So make sure you check and double-check when picking an estate agency.Now you know the cold hard facts. It is up to you to decide whether to use an estate agent or not. Personally, I would accept using such agents as long as I know they will be of use to me.