real estate agent

Why You Need to Hire an Experienced Real Estate Agent

Many buyers and sellers are interested in saving money, but they do not hire the services of real estate agents. These are people who don’t understand the benefits associated with these professionals.

These professionals can help you in finding a good property and getting the best deal possible. They are known for performing all-around tasks such as finding the right property. It is, therefore, imperative to choose a licensed, experienced agent when buying or selling a property. The following are the benefits of hiring reliable real estate agents:

Negotiation Power

Sometimes sellers or buyers can be overpowered by emotions when negotiating the price of a property. Some buyers are likely to fall in love with the property’s aesthetics instead of comparing the available homes. Such people may end up paying a higher amount than the market value.

On the other hand, some sellers are likely to accept the first offers they receive from potential buyers. An agent can help the parties involved in getting the best deals.

Market Expertise

house for sale

These professionals are specialized in certain segments of real estate market like single-family units, historic properties or condos. They have a better understating of the current market value and current inventor of these properties. This knowledge can help both the sellers and buyers in getting more money from their deals.

Less Pressure on Sellers and Buyers

Buying/selling properties is a nerve-wracking and critical process. You will be required to handle numerous phone calls, and communicate with many different people. The agent hired can help you in taking care of your paperwork and performing other essential tasks. Sometimes buyers might end up missing some crucial things, especially when they are under excessive pressure from the seller.

The professional hired will take you through the entire process. This means that you don’t have to get worried about anything. The agent will take the parties involved through all the steps of the selling or buying process to make sure that you don’t make any mistakes or lose money.

Lower the Chances of Wasting Money

save money

These professionals can guide you in determining the value of the listed property. This will make sure that all the properties are listed correctly with their comparable prices. This will, in turn, help you in saving money by a property that is priced correctly.

 

Ensure Full Compliance With Procedures

Property buyers or sellers should be careful not to miss any critical steps when buying or selling properties. The agent has extensive experience and knowledge of the procedure followed when purchasing or selling a property. All the tasks should be conducted systematically to avoid making any mistake.

 

Tips For Buying a New Condo In Canada

Condo ownership has become very common in Canada. More buyers are savvy about the process that makes a building or unit stand out. Most of the new homes which are under construction are condo units. These units are considered to be more affordable than single-family homes. Living in a condo has also become more desirable in the modern days. In fact, this is regarded as one of the realistic ways of owning a property in the expensive Canada real estate market. The following are the useful tips for purchasing a condo in Canada:

Resale Vs. New Build

existing condos

Buying a pre-constructed unit is relatively cheaper than purchasing an existing condo. The developer will give you a discount for allowing him to sit with your money for so long. In some instances, the price of existing condos might match that of pre-construction units. If this is the case, then you should consider buying the existing unit. Such a unit can be purchased or rented as soon as the buying process is over, thereby giving the buyer a financial benefit. From a financial perspective, you should purchase a ready-unit than a pre-constructed one.

Large Dens

Large dens can be converted into extra bedrooms. This is the best way of increasing the value of your unit. Installing a door or wall is an inexpensive renovation. When purchasing a condo, you should consider units with large dens. This will give you an opportunity of inexpensively and quickly add value to your unit.

Shared Amenities

condo-pool

Most of the condo units that were build decade ago have been sharing their amenity space. Owners of such condos can share cost since they enjoy the same amenities. Such units are cheap. Some of the facilities that can be shared include the boardroom and swimming pool. Buying a unit that has shared facilities is one of the smart investments that you can make. Additionally, large amenity spaces are better maintained as compared to other spaces in small buildings.

Older Buildings

You should focus on maximizing the available space in the old building. Old buildings have larger floor plans as compared to the new brand buildings. Again, they have a low price per square foot. The only issue with them is their outdated finishes. The process of renovating an old condo is relatively cheaper than renovating a house. You will not require any electrical work, structural work or major plumbing work.