Why Getting the Help of an Agent Could Be Smart and Time-saving Move
There’s an old saying that warns us to “never be the smartest person in the room.” It’s true; there are major benefits when you surround yourself with people who know more than you do, especially when it comes to the tricky business of buying a new home. Between complicated contracts and navigating an unfamiliar neighborhood or area, working with a real estate agent
in Napa Valley could save you a lot of time—and money.
Just like piecing together a wedding without a planner, selling or buying a home without an agent is 100% possible to do. That being said, it’s also likely to be infinitely more stressful. Real estate agents help with the process in more ways than one: they take care of scheduling, manage negotiations, and coordinate and sift through dozens of other details with a fine-tooth comb. In turn, this frees up your time so you can focus on the other aspects of your move—and it could also save you from legal trouble.
Buying or selling a home doesn’t have to be a daunting task if you’re doing it with the right person. Here are all the ways a Napa Valley real estate agent can be beneficial in your move.
Napa Valley real estate agents have a deep knowledge of the local real estate market. They are able to easily explain the market conditions and the industry, and most are willing to do so transparently. Every agent should be able to provide research with current and reputable data regarding a community's demographics, schools, crime rates, things to do, and other factors many consider when buying a new home. This will save you the headache of conducting what can be overwhelming and time-consuming research on your own, especially when you don't know where to start. Because these agents have been around the community for a long time, they are astute with their ear to the ground and are often ahead of the curve when it comes to knowing about potential new listings and buyers. They will easily be able to formulate a plan to help you find your dream home.
As the buyer, you’ll usually come to the process with a pretty good idea of what you want in your future property. Some people are looking for a specific amount of bedrooms and bathrooms, while some want a patio or backyard of a certain size; there always seem to be a number of “wants” and “do-not-wants” that are totally reasonable because it’s the home you are looking to live in. Your real estate agent comes into play here because they will be on the lookout for any issues that might not cross your mind, such as leaks, furnace problems, roofing issues, and mold and insect complications. Your agent will be able to recognize these red flags and know exactly how best to approach the dilemma without it turning into an issue you have to deal with. Their experience and knowledge may end up saving you hundreds or thousands down the road that you wouldn’t have otherwise avoided.
Details and Documents
Everyone can read and review a contract, but the truth is that the intricate documents involved in buying a home may be different from what you’d normally see or expect at your own job. There is a certain level of understanding needed to fully grasp the vocabulary and implications of these real estate documents, and you should have a thorough knowledge of what everything means so nothing slips between the cracks. There are multiple documents and purchase agreements alone that can be more than ten pages long—and this is on top of all the federal, state, and local document requirements. But don’t worry, you’re in luck; your agent will be far more familiar with the meaning behind all of this paperwork and their unique requirements. If you were to file on your own and make a mistake, some omissions and mess-ups can cost you as much as that commission you were trying to avoid paying for an agent—or more. If hiring an agent is still too expensive for you, we suggest looking into hiring a broker for a smaller one-time fee to review your contracts before signing.
Guaranteed Good Service
While on this journey, everyone looking or selling has their own unique real estate needs. Real estate agents have what is known as a fiduciary responsibility to each and every one of their clients. They are legally obligated to put their clients' best interests first, and this binds the agent to a very high standard of confidentiality. Real estate agents in Napa Valley have an extremely vested interest in providing you with the best customer service and provide you with as much help as possible because many of these agents depend on referrals and references to grow their business and client base. They will always do their best and want you to have only positive things to say about them, which is pretty great motivation to give you only the highest level of service.
One of the top reasons why people avoid hiring real estate agents is to avoid paying commission. But the truth is that while you may save money by not hiring one, you’d also be missing out on the increased profits a qualified agent may be able to generate through the sale. A 2017 study
indicated that “For Sale By Owner” (FSBO) homes garnered about 30% less for their owners than agent-listed properties. Remember that fiduciary responsibility your agent has to you? It's your agent's job (and in their best interest) to fetch you the best possible price for your home, or to get you the best possible deal on the property you want to buy. Real estate agents in Napa Valley are well-trained to negotiate when it comes to money, and the training comes from the best teacher—experience. They know what works and what doesn’t work in the process, and many have their own techniques. Perhaps most importantly, while they have a vested interest in you, they also have no emotional stake in the outcome. While you may be willing to dish out hundreds more to purchase your “dream home,” your agent won’t have a clouded thought process.
Peace of Mind
Buying or selling a home can be the biggest financial transaction of your life, and agents realize this. They want to be the person you can trust. Having to deal with logistics while also preparing to pack up your life is possibly the most stressful part of the moving experience. Agents can help with that. They handle scheduling, negotiations, and other details, which means you have more time to focus on the other aspects of your move. You also minimize the risk of disagreements between you and the other party because your agent’s job is to deal with all of that up-front. Again, it’s possible for you to buy or sell a home on your own, but there’s a reason the real estate industry exists, and it’s because the process isn’t easy. However, it can be if you invest in making it so.
Thinking About Working With an Agent?
If you are looking to make the move to the Napa Valley area for the first time or are considering relocating to a new community, we’d love for you to contact us
today. We would be happy to be your Napa Valley real estate agent and assist you in finding Napa Valley real estate and luxury properties. To explore fun activities and interesting things to do in the area, take a look at our blog