Why Hire a Broker or an Agent?
It’s a common mindset of people why they don’t hire a broker or an agent is to save the cost of paying the commission. However, the “saved money” you think is usually off-set by numerous things including the time and resources consumed for marketing and researching, lack of marketing strategy, and the extensive time taken to achieve a lucratively complete transaction. At the end of the day, you will realize and become conscious on the indispensability and significance of hiring a broker or an agent every time you will have a real estate transaction.
Here are more reasons why it will be more beneficial and advantageous for you to hire a broker or an agent.
- Convenient and wide connection
Real estate brokers or agents have both the knowledge and experience on dealing with real estate transactions. Their major job is to act as a link between the sellers and buyers. Brokers have an easy access and wide connection to loan officers, lawyers and other individuals whom you might necessitate a service from. For example; you’re planning to purchase a condominium unit. Your hired broker will hunt down condominium units all over the Philippines just to meet your criteria and satisfaction; also he/she will be the one who will set appointments and other stuffs needed for the transaction.
- They take good care of the legal transaction
You hired broker will handle all the requisite paper works before closing the deal. For example, since it’s a legal process, this might be needed “Capital Gain Tax” or a transaction tax for transferring or selling real estate properties in the Philippines.
- Real estate transaction is a tricky business
Negotiating is a tricky business indeed. Both sellers and buyers are expected to go for what’s most excellent when it comes to the price. When you hire a broker, you can leave it all to him/her.
Hiring a real estate broker can be rewarding and fulfilling in many ways. Just be vigilant on looking for someone whom you could put your trust on.
Precy Jane Cabugao is a REALTORS®, a PRC and HLURB Registered Real Estate Professional, and a Founding Member of Filipino Homes. She works as an online marketing director, social media manager, digital marketing trainer and consultant for Leuterio Realty and Brokerage.