Buying and selling real estate requires time, resources, and attention to detail. If you’re a buyer, there are mortgage loan applications to fill out, neighborhoods to visit, and offers to place. And if you’re selling, there are things to pack, home stagers to hire, and contingencies to negotiate. With so many steps involved, it’s wise for buyers and sellers to work with a real estate agent who can help them meet their goals. So before you step into the market this year, read through these four key benefits of working with Boca Raton, FL, real estate agents.
1. Agents know the local market
One of the top benefits of working with a real estate agent is the fact that they're experts in the local market. Whether you’re looking for single-family homes in Boca Raton, FL, or a luxury condominium by the water, local real estate agents will know where to find suitable properties and how to help you put in a competitive offer.
More than that, agents can provide insight into how inventory, demand, and pricing are changing in Boca Raton. You will know details regarding your downpayment and a property’s time on the market. Boca Raton remains a reasonably competitive market, though homes typically sell at or below the listing price. Understanding current market trends will help you prepare and ensure you’re implementing the right strategies to meet your buying or selling goals.
2. They can help you research
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Another way top real estate agents assist clients is through research. Where does someone begin if they want to explore Boca Raton condos for sale by the oceanfront? How do they know whether the properties they’re viewing are listed at the right price? If they’re selling a home, what steps do they need to take to get their home ready?
Research can make the difference between a homeowner completing renovations that add little value and an owner who significantly boosts their home’s value through necessary upgrades. It can make the difference between a buyer settling for a home just outside their preferred school district and a buyer who finds a recently-listed property right within it. Research is a crucial part of any real estate transaction, and an experienced agent will be equipped to help you find exactly what you need.
3. Benefits for buyers
If you want to invest in Boca Raton real estate this year, there are specific ways agents are trained to help you navigate the waters.
Agents help homebuyers prioritize
Agents are experts at asking clients the right questions and helping them prioritize what they’re hoping to get out of their investment. Whether determining the right location, picking a preferred architectural style, or settling on square footage, future homeowners have a lot to think about before browsing properties. Since real estate agents work with homebuyers every day, they’re aware of the more minor details that buyers may not consider. By working with an agent, buyers get all the benefits of partnering with a professional who can help them narrow down what they’re looking for.
Agents walk buyers through the process
Though it can seem like the homebuying process is mostly about viewing homes and putting in offers, there are a whole host of steps in between that are far easier to manage with the help of a real estate agent. Real estate agents guide buyers through the pre-buying stage, where buyers will need to apply for pre-approval, determine what kind of home they want, and set a timeline. From there, agents can help buyers find online properties that match their desired features.
An agent is an invaluable resource when strategizing how to put the right offer in and which steps to take when it’s accepted. Buyers will also have to have the property inspected and negotiate their closing deal, steps that experienced agents have walked many times over.
4. Benefits for sellers
The selling process requires unique steps. Working with an agent means sellers will know how to maneuver through each one to have the sale they’re hoping for.
Agents can price a seller’s home
One way agents help sellers is by pricing their property. By completing a comparative market analysis, agents provide sellers with an estimate of how much their home could sell for. They take into account properties in the area that are a similar size and have similar features. A trusted agent can quote you an accurate number based on their analysis.
Agents know how to negotiate
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Once a seller has received a compelling offer, their agent can help them officially accept the offer and work through any negotiations that may follow. Upon inspection, buyers may adjust their original proposal to include certain contingencies, whether a reduction in price, the inclusion of furniture pieces, or repairs to be completed before closing. Homebuyers are also required to meet contingencies, and real estate agents are trained to ensure everything is clearly outlined in the closing contracts.
Work with a top Boca real estate team
Working with a leading Boca Raton agent like Gregory Frank will ensure that you’re able to meet your real estate goals with ease. With more than 20 years of experience in the field, Gregory knows how to traverse the unique luxury market in Boca Raton. Whether you’re buying or selling in the coming months, trust the process with Gregory. When you’re ready to take the first step, reach out to Gregory Frank today.
*Header photo courtesy of Shutterstock
*Header photo courtesy of Shutterstock