Are Real Estate Agents Becoming Obsolete?
New-generation online property websites (like Zillow and Realtor) are popping up everywhere on the internet. Because of this, many people are starting to question, “Are real estate agents becoming obsolete?”.
No, our friends are not out of a job. They just need to adapt to the changing dynamics of buying and selling homes.
While property portals and virtual viewings are making it easier to view and buy a property from the comfort of your own home, that doesn’t mean there aren’t benefits to having a realtor sell you a home. “And if you want to sell your home fast, real estate agents are the real deal.”
In short, no, real estate agents are not becoming obsolete with the rise in technologies. There’s a need for both options in today’s world, and the two go hand-in-hand with one another.
Online portals and other virtual services can assist in finding you the right property. An estate agent can verify the purchase, answer the “human” questions, and get you through to a smooth close.
Keep reading to learn the facts on why real estate agents are needed and what the benefits are of working with a realtor.
Why are Real Estate Agents Needed?
Despite the availability of virtual viewings and bookings, there’s still a need for a real estate agent when buying a property. Real estate agents are an almost inseparable part of the real estate business, and here’s why.
1. Offers Authenticity of the Purchase
Owning property is a dream and a lifelong goal for many people. For most people, hard-earned savings go into purchasing a new home. Therefore, it’s important to ensure the sale is genuine and above board.
Buying a house consists of various legal terms and stages. A realtor is there to support buyers in navigating the process properly and offer authenticity for the purchase.
2. Realtors are Trained Professionals
Real estate agents are trained professionals with high skills in their specific fields. They know the law when it comes to valuing properties and the associated aspects.
Negotiating and bargaining on a property can also be smoother with a professional, rather than selling by yourself or on another website (like selling a house on Craigslist).
3. Local Real Estate Agents Specialize in Your Area
Working with a local real estate agent gives you insight into the industry that no property portal can. Because they buy and sell houses regularly, speaking to buyers and sellers daily, they know the local buying market inside and out.
There are no limits to what a local real estate agent may know the answer to. For example, they’ll know what areas are best if you are starting a family or planning to retire. They’ll also know which neighborhoods are best for your lifestyle and future goals.
Whether you’re selling or buying a property, having a local real estate agent to share insight into the local market cannot be underestimated.
4. Support First-Time Buyers
Buying a new home as a first-time buyer can seem like a daunting experience. This is another benefit of working with a real estate agent. As a first-time buyer, a real estate agent and a real estate virtual assistant can help answer all your questions. They can support you in buying the best investment property for you and ensure a smooth close on the sale.
Good Read: Pitfalls to Avoid When Recruiting Real Estate Agents
Summary: Are Real Estate Agents Becoming Obsolete?
In summary, no real estate agents are becoming obsolete with the rise of virtual real estate services. There are benefits to both, and the two services perfectly complement each other to create a smooth purchase or sale.
