We are proud to announce that we will be launching an e-learning series on financial literacy as part of the OneWorld Continuing Education curricula. An important component of the training would involve real estate investment and especially an analysis on land capital appreciation. Post-training, you will be able to analyze real estate investments and be prepared to sit for the OneWorld qualification exams (in financial education).
Today’s pre-screening article is written by George Mokumba, e-learning course coordinator – he can be reached at firstname.lastname@example.org.
If you are wondering why using a real estate agent is a good idea when buying or selling a home, then read on.
Why Using a Real Estate Agent is a Good Idea When Buying Homes
If you are buying a home, you usually won’t need to pay a real estate agent since the agent will earn a commission from the home’s seller – a fee that will come out of the home’s final sales price.
Real estate agents also happen to be very knowledgeable about buying homes, so they can tell you everything that you need to know about your desired neighborhood and its schools, recreational areas and activities.
Another reason why using a real estate agent is a good idea is because he can negotiate with sellers for you. Home negotiations are no joke and can be quite hard since payments can involve closing costs, repairs, inspections and home warranties. Fortunately, a real estate agent can negotiate home items, like dryers and washers, furniture and refrigerators into the sale, so you can get the best deal possible in the end.
Once a seller accepts your offer, an agent can also keep things going, help you stay on track and take care of all of the other tasks that you will need to complete during the entire buying process.
Why Using a Real Estate Agent is a Good Idea When Selling Homes
Overall, real estate agents would really be worth the commission. If you consider everything that an agent can do for you from the beginning, you should come to realize that the commission is well worth it in the end. After all, an agent can help you sell your home much faster than usual and for a much higher price than you originally bargained for, as well.
Since real estate agents understand the real estate market right now, in general, you can be sure that they will understand the home values, competition and benefits of your neighborhood if you get an agent who lives there. If you want a KLCC condo, for example, find an agent who lives in the KLCC area. Otherwise, you are limited to researching properties at online portals such as Zillow.
Also, since real estate agents are suppose to know how to sell homes, you can just fire them if you aren’t happy with their services. Of course, it would be ideal if you look for an agent with a good track record before asking him to sell your home, though. Remember: selling a home takes knowledge, experience and dedication in the housing market; otherwise, you won’t be able to attract any buyers or sell your home in the end. It is also imperative that you learn as much as you can about the property you are selling. In this respect, online resources are a boon; a good site for property reviews is the Property Review (Malaysia) site.
Of course, you should never forget that your real estate agent of choice has to represent you until the very end, as well. He also has to make sure that he keeps your interests protected in the home’s sale and fulfills every negotiation in your contract. If you come across any problems after closing, he should also be there to help you resolve your issues. This is why using a real estate agent is a good idea, in general, when it comes to both buying or selling a home.
For more learning resources on real estate investing, log on to your E-Learning portal.