Whether you have just started entertaining the thought of buying a home or you have been looking at listings for a while now, hiring a professional real estate Bexley agent is recommended.
Real estate agents represent both sellers and buyers in real estate transactions. Therefore, they are responsible for looking out for their client’s best interests while treating all parties honestly and fairly. Read on to learn what services you can expect to receive as a buyer or a seller.
Real Estate Agent Services for Buyers
If you are looking to buy a home, a real estate agent can help you find exactly what you want in terms of size, price, neighbourhood, style, etc. Beyond that, an agent can also help you prepare your offer to buy and then present it to home sellers on your behalf.
Unlike a seller, a buyer does not usually need to sign an agreement with a real estate agent. However, the agent must provide a written Buyer Agent Agreement that lists the services offered and the agent’s fees.
Real Estate Agent Services for Sellers
You can expect many services from your real estate agent when you are selling your home. Your agent can help you determine a fair sale price according to the market value, help effectively market the home, set up views/visits with potential homebuyers, and provide guidance throughout the legal process of selling a home.
When you hire the services of a real estate agent to sell your home, you will likely have to sign a listing agreement. It is a written contract between both parties that lists the obligations and rules of the working relationship. It typically outlines how much the real estate agent will be paid, how the property will be marketed, etc. Most real estate agents are paid a commission based on the home’s selling price. The typical range is 3%-8%. Remember that you will not have to pay the agent if your home does not sell.
Real Estate Agent Services for Home Closing
Real estate agents play a vital role in the home closing process. While they communicate with the client and the other party throughout the entire process, they stay active in their roles and responsibilities during the closing process. They examine every document to ensure everything is accurate and that all the terms and conditions have been met. Your agent may also request a final home walkthrough to ensure no issues or damages have occurred since the initial viewing.
As you can see, real estate agents offer many valuable services for both home buyers and sellers. While you are not legally required to hire real estate agent services, it is recommended that you do so, as there are many benefits of having professional help when managing what is arguably the most significant transaction in a lifetime.
At Onyx Estate Agents, as a professional real estate Bexley, we understand that you want to ensure that you are delighted with your decision to make a financial commitment. So contact us if you are buying, selling or renting your property!