The thing about
The World Of Real Estate is That It is Always Moving.
The movements in the market, large national events, changes in an area, a collapsing economy all play a part in how the housing market is reacting at any one given time.
The role of the estate agent is to keep on top of the trends, to keep an eye on how the government might be investing in the area, the school districts, green belt areas, where and what people are buying. But, there is so much more than estate agents are doing:
Knowledge is power
Having sound expertise when you are looking to buy or sell can be invaluable. Buying a property can be a complicated business and so having tips and guidance can be a real help. Additionally, the need for negotiating and selling is hugely important and can save you money, get to your end goal quicker and can be incredibly helpful when exchanging and dealing with contracts.
Knowledge of the local area is also key; estate agents understand the highs and lows of the area, they know what is regarded as a good asking price in that region and know how the local government is investing.
Having a vast database of potential buyers and sellers is a great starting point for marketing a property. You are already bypassing those who are not serious buyers. Estate Agents also advertise in newspapers, on their website and in other publications that have a large reach. This can be expensive but everyone benefits from a bigger database and a firm sale.
Plus, let us never underestimate the power of the shop window. Window-shopping is still one of the most vital tools UK Estate Agents own when finding new buyers.
Being on top of the Chain
When you get to the process of being part of the sales chain, things can go wrong, delayed or even stall completely. Having a professional on hand to chase the chain along, assist with solicitors or surveyor reports and keep the line moving makes for a happy client.
The buoyancy of buying and selling is the ultimate dream, not just for estate agents but it benefits the wider economy and individuals looking for a new home. Having serious, reliable people active in the market makes a huge difference; so reliance on others is key.