Why is there an agent needed for both the seller and the buyer in real estate? What do realtors actually do?
In: Other
A seller’s agent will prepare the property for sale, which can include helping to stage it, recommending/coordinating repairs, and otherwise getting it good to go. They will then also often host an open house to have prospective buyers come and see it.
A buyer’s agent generally does a lot of research and coordination for their buyers. They know what houses are on the market, what’s going to be on the market soon, when and where the open houses are. They know what likely will or won’t meet their client’s expectations. They have a sense for how “hot” or “cold” the market is and how generally desirable a given property is so they can make recommendations on where to set an offer.
You could do most of this stuff yourself, but it’s quite time-consuming, and you’re not going to be as efficient at it because this isn’t your daily job.
Latest Answers