What is the Importance of an Estate Agency in Property Transactions?

Are you a real estate investor thinking of selling a property in Chelmsford? New real estate investors have a lot to learn to understand the real estate market. Where will you find an ideal buyer? How much is the property worth? Are you overvaluing or undervaluing your property? Where do you start with your property sale? These are some of the concerns one has when looking for a property buyer. Property sale is a tedious and stressful process. However, you can relax and wait for a buyer by consulting a professional estate agent.

There is a big difference between a broker and an agent. A professional estate agent does more than marketing your property. Here are some of the essential tasks handled by professional agents.

Accurate valuations

Price is a major factor when selling properties. Pitching the price too high may deny you potential and ideal buyers. An undervalued property may also scare buyers as cheap properties are considered suspicious or of poor quality. Valuation is, therefore, a key factor in the real estate industry. The value of a property may be determined by several factors. They include property type and size, location and social influences such as proximity to shopping centres and road networks. The timing of your property sale may also determine the asking price. Only a professional agent understands the local market and best season to sell your property. By consulting an agent, he will consider all these factors and come up with an ideal value and price.

Effective marketing

It may take you more than a year to sell your house on your own. However, a reliable agency like www.beresfordsgroup.co.uk may take less than a month to find a buyer for the same house. Agents have multiple channels to market properties for sale. They also have links to investors in various parts of the world. While you may rely on a single portal to advertise your property, an agent exposes your property to millions of interested parties via various advertising portals.

Screening of buyers

Not everyone that calls to ask about the property is a potential buyer. This is probably the hardest part when selling a property. Some clients will come for viewing and never call back. A professional agent is experienced in determining a potential and serious buyer from property visits. Screening of buyers is a crucial part as it eliminates time wasters.

These are just some of the important tasks handled by real estate agents. However, you can only trust a reliable and professional agent. If you are thinking of selling your house, flat or apartment, make sure that you involve an agent. Why stress yourself looking for potential buyers when an agent can do it for you perfectly.