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Why we need to hire a real estate agent?

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Why we need to hire a real estate agent?

Posted by jeevanswaraaj on Feb 17, 2012 2:50 am

What do you think about hiring a real estate agent is worht beneficial? In my opinion, hiring a real estate agent is very helpful to get complete details regarding the property and the other advantages that might helps to purchasing the property at the cheaper rate. So its important to appoint the real estate agent who has good source of network and contacts with quite demanding experience that is worth beneficial.

online estate agents
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Re: Why we need to hire a real estate agent?

Posted by Don Poole on Feb 17, 2012 1:19 pm

well, this post failed to convince me...


Don Poole PLS
Outermost Land Survey, Inc.

"Outstanding in the field"
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Re: Why we need to hire a real estate agent?

Posted by jeevanswaraaj on Mar 22, 2012 12:43 am

Don Poole:
well, this post failed to convince me...

sad Well, I would be thankful to you if you let me know about your opinion on hiring a real esate agent is woth beneficial?
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Re: Why we need to hire a real estate agent?

Posted by Don Poole on Mar 22, 2012 11:44 am

A  Real Estate agent's job is to sell property.  They are employed by the seller, for the most part, to assist in reaching a larger market than a homeowner can reach.

We do have buyer-brokers, but their goal is to sell you property, improved or not.

I don't beleive that an agent has an obligation beyond the local "code" and ethics of the profession, to anyone other than their client. 

An agent is obligated to "full disclosure" of issues, but they can onoly report what they know! 

In my opinion, Real Estaes Agents/brokers are marketing people, making  their living off of other peoples hopes, dreams, and needs. 


Don Poole PLS
Outermost Land Survey, Inc.

"Outstanding in the field"
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Re: Why we need to hire a real estate agent?

Posted by William Wenzel on Apr 11, 2012 12:29 pm

Because we have money we don't need?
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Re: Why we need to hire a real estate agent?

Posted by Paul Montero on Jul 6, 2012 11:46 am

I am looking to purchase a home in Spamalot. Can you help me?
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Re: Why we need to hire a real estate agent?

Posted by MLB on Jul 6, 2012 12:09 pm

Speaking of "Spamalot", this thread is a "shining" example of wy American Surveyors need to lose their smug provincial attitudes.
MLB
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Re: Why we need to hire a real estate agent?

Posted by William Wenzel on Dec 13, 2012 8:33 am

MLB:
Speaking of "Spamalot", this thread is a "shining" example of wy American Surveyors need to lose their smug provincial attitudes.
MLB

As a rule, I haven't had a great, or even good, experience with most realtors. When I went into business, I was told I had to buddy up to them to "get business".

Well, that was bad advice. Some of my most expensive lessons stemmed from that advice.

There have been a few notable exceptions, however. A few local ones have been good to work with and understand when things come apart; usually when corners were cut previously - no surprise to most of you. I like to work with professionals that can, and do understand what we do and the important part we play in a transaction, not that we just "fax them something for the closing" (there better be no problems!) and can charge $200 tops.

I don't think it's any surprise to us that realtors try to get in the neighborhood of 7% of a transaction, which on a $500,000 property, is $35,000. Lately they haven't been getting that all the time, but even half of that is a pretty hefty amount.

I don't think I have a "smug provincial attitude"; rather a series of painful lessons I'd as soon not repeat and the perspective that the above paragraph imparts. 

I think a good land attorney is a much more helpful professional, and there my associations have been much better. Even I would very seldom buy a property without an attorney, and I advise my clients to get a good attorney that specializes in land law; divorce experience won't help in this business.
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Re: Why we need to hire a real estate agent?

Posted by Paul Montero on Dec 13, 2012 10:36 am

I have no idea what MLB is referring to in his comment.

It is meant to be insulting to surveyors and with particular reference to my comment.

If real estate agents are so helpful then why is it that we only hear about it from other real estate agents? Spam? I think so, and I do not think MLB's obfuscatory comment will make me think otherwise.

An attorney with land experience would be and has been my choice for advice.
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Re: Why we need to hire a real estate agent?

Posted by MLB on Dec 13, 2012 1:59 pm

Allow me to disambiguate. The initial post is from the UK. Check out RICS. There are places where professionals from different disciplines have forged partnerships for mutual benefit. The US is not one of them. No need to run down the usual laundry list of complaints. Surveyors are lousy marketers. Worse yet they voluntarily devolved in the land development "food chain".

Early surveyors were far more socially prominent. No one disputed they were in charge of the purveying as well as the surveying of the lands. There is nothing wrong with "following the footsteps" as long as you can see they aren't heading toward a cliff. It is long past time to stop pointing fingers and do some serious self examination. If you are happy being treated like a technician,  feel free to ignore everything I have said.
MLB
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Re: Why we need to hire a real estate agent?

Posted by William Wenzel on Dec 15, 2012 1:22 pm

Then we need to lobby and elevate our profession so that we are at least on equal footing with used house salesmen.

I'm in; where do we start, MLB?

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Re: Why we need to hire a real estate agent?

Posted by MLB on Dec 15, 2012 4:36 pm

Then we need to lobby and elevate our profession so that we are at least on equal footing with used house salesmen.

I'm in; where do we start, MLB?

I'm actually in the process of developing a new series of articles. I had some success demystifying GIS. Even most of my worst critics now use it but are loathe to admit it. In that process I was exposed to the larger world of mapping and land development at a higher level. I have read reams of complaints about low ballers and skinflint contractors. And it's pretty obvious they all fall on deaf ears.

Thirty years ago the "brain trust" of the profession told us all we needed to do was require a four-year-degree to cure our problems. We blithely placed our faith in NCEES and ABET to "redesign" the survey profession. Only the Chauvinistic hard core see the result as a success story. It is fair to argue we have better educated surveyors from a technical aspect. But the public is both unaware of these improvements and unimpressed.

It is argued our work is viewed as a tax , not a service. This is probably true and certainly needs to change. But so does our attitude. Some argue the greatest attraction to surveying is that you get to play outdoors with no adult supervision. Sadly, that is also our public image.

Land surveying is changing. Many of us have stories about finding a corner that hasn't seen the light of day in a hundred and fifty years. But realistically, it might not be too long before the only surveyors who can afford to do that will be applying for grants at the archaeology department of the local university. Clients typically don't like paying for work "you can't put a price on." Especially if it takes several years of research to recover that long lost corner.

Our focus of necessity must shift to the business side of things. In short, you need to take big risks to make big bucks. You need to actually be part of the project management team. Believe it or not, there are individuals who have already done this. But you won't find them on here bellyacheing about getting low balled on a $99 backyard survey.

There is a phrase going around the lecture circuit called "Surveyor 2.0" Not surprisingly this describes an engineer with a slightly stronger background in surveying. And that is the traditional view, surveying is simply an engineering specialty, like structural, electrical, mechanical or petro-chemical.

That's fine. But that is not where we are needed most. Real property and the ownership thereof should be our "bread and butter".  Yet we get a smaller piece of the action than the termite inspector.

There are only a few obstacles to changing this. The big banks, the loan companies, the title companies and the state boards of registration. They pull the strings, we dance. I didn't say a makeover would be easy. But it's possible.

It's a long journey from being the guy with his hat in his hand to being the guy who controls the purse strings. But it has to start with a first step.
MLB
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Re: Why we need to hire a real estate agent?

Posted by William Wenzel on Dec 31, 2012 9:03 am

Well, keep me posted MLB.

As for our new posters, I'll keep you in mind if I decide to move to the UK - bad food, no hunting or shooting, no open fishing, high taxes, weather as bad as Wisconsin.
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Re: Why we need to hire a real estate agent?

Posted by Mr. Land Surveys on Jan 1, 2013 2:28 am

Purchasing property is a big investment, probably the biggest investment most of us make.  And this may surprise you but there is no "buyer beware" in real estate transactions.  So if one needs to sell their home they are better off listing it with an agent.  The agent will make sure to list everything on the house in a disclosure statement so that you will be relieved of any liability after the sale.  Also the same applies when purchasing a home, the agent will make sure that the condition of the house is listed on a disclosure statement.  The point being is that the real estate agent assumes liability for the transaction of the home.  Much like a land surveyor assuming the liability for the location of the property lines.  In addition realtors have a network of buyers and sellers listed.  A real estate attorney?  Much like property lines they know very little about real estate transactions, they aren't realtors.  If you want to buy or sell a home get a realtor. 
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Re: Why we need to hire a real estate agent?

Posted by jim feiro on Jan 3, 2013 6:01 pm

MLB, you hit the nail on the head. Thanks for saying it for me.

REB
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Re: Why we need to hire a real estate agent?

Posted by William Wenzel on Jan 4, 2013 3:07 pm

Mr. Land Surveys:
....The point being is that the real estate agent assumes liability for the transaction of the home.  Much like a land surveyor assuming the liability for the location of the property lines.  ............... A real estate attorney?  Much like property lines they know very little about real estate transactions, they aren't realtors.  If you want to buy or sell a home get a realtor. 


He makes my case pretty well.
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Re: Why we need to hire a real estate agent?

Posted by deionjoy on Jan 7, 2013 11:51 pm

To hire a real estate agent will be depend upon various factors. Real estate agent is most important for buying and selling any kind of property. Without real estate agent, We will not get the exact idea where to buy or where to sell. Goal is most important for real estate agents for success. According to my knowledge, Most of them are sucessful with part-time real estate jobs.

<a href="http://www.justlistedorangecounty.com/">oceanfront real estate</a>

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Re: Why we need to hire a real estate agent?

Posted by William Wenzel on Jan 9, 2013 5:30 pm

deionjoy:
To hire a real estate agent will be depend upon various factors. Real estate agent is most important for buying and selling any kind of property. Without real estate agent, We will not get the exact idea where to buy or where to sell. Goal is most important for real estate agents for success. According to my knowledge, Most of them are sucessful with part-time real estate jobs.

<a href="http://www.justlistedorangecounty.com/">oceanfront real estate</a>
 

Anybody wanna venture what language this was before it went through Google Translate?

I think this thread is pretty well dead.
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Re: Why we need to hire a real estate agent?

Posted by kellyclein on Feb 21, 2013 1:52 am

It is better to hire a Real estate agent to purchase any house or taking a house on rent. Real estate agent has knowledge about several property issues. He will help you to sought out all those issues. It is not possible for you to find out a desired home in desired location by your own. Real estate agent will help you to find your dream house. 

want to buy house
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Re: Why we need to hire a real estate agent?

Posted by jena123 on Feb 21, 2013 2:53 am

Good post!
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Re: Why we need to hire a real estate agent?

Posted by jena123 on Feb 23, 2013 3:31 am

It's interesting to particpate in the discussion
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Re: Why we need to hire a real estate agent?

Posted by neilcrawl on Apr 16, 2013 5:11 am

:
What do you think about hiring a real estate agent is worht beneficial? In my opinion, hiring a real estate agent is very helpful to get complete details regarding the property and the other advantages that might helps to purchasing the property at the cheaper rate. So its important to appoint the real estate agent who has good source of network and contacts with quite demanding experience that is worth beneficial.
 
We need real estate agents if we want to do safe property investment as property dealing is a very risky investment. Real estate agents have good knowledge regarding market value of a property so we can purchase a property or sell a property in right price.
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