The Importance of Hiring a Lake Expert Real Estate Agent

A good real estate agent can help you to secure a property faster and at a more reasonable price, so it is always worth hiring one when you are considering purchasing a new home.

man in suit holding out a Lake Homes Realty Lake Expert business cardThey offer a level of expertise in the market that you simply won’t have and can help in a variety of ways.

In addition to this, lake real estate often comes with many complications not seen when dealing with normal residential properties.

Advice

A good real estate agent will be able to provide solid advice relating to the property you are looking at buying.

This information could include the general history of the home and if there are any issues that need to be resolved, should you choose to make the purchase.

Significant information could include lending standards and short sales.

A good real estate agent will also be able to advise you on the actual value of the property in comparison to the asking price.

Agents will be able to let you know when it is a wise move to negotiate on a price or when you have found yourself a good deal.

To facilitate this, agents will often bring in other professionals to carry out home inspections.

Inspectors will be able to determine if there is anything wrong with the property that hasn’t already come up in an initial walk-through. Should you still be interested upon seeing the findings, any issues discovered can then be used as leverage once it comes time to negotiate price.

Legalities

Buying a house comes with a minefield of paperwork, legal documentation and additional complications.

It’s a hazardous place to wonder into on your own, which is why it is a good idea to bring a real estate agent along for the journey.

Their expertise will ensure that you get all of the right paperwork completed on time and have it ready to go without complication.

When it comes time to close on the deal, most people will aim to get things completed within a short time frame.

Having somebody to guide you through the processes involved can be a lifesaver.

Niche real estate

And these are just the reasons you need to hire a real estate agent for a normal transaction!

When it comes to making a purchase of lakefront real estate, there are other hidden dangers to be aware of.

These can include water levels and water views that fluctuate during different seasons, leased lots that can’t be purchased outright, watercraft regulations, and shoreline management rules.

A true lake expert will know all the nuances of the lake and will help you navigate your transaction, keeping you informed, sometimes on things you didn’t even know you had to worry about!

It is perhaps unwise to try to complete every stage of a house purchase on your own. Even if you feel like you have things well in hand, it is always worth at least consulting with an expert before moving forward.

5 Qualities to Look for When Choosing a Real Estate Agent

This article was updated on August 15, 2019.

When you choose to sell your home, you will need to pick the best real estate agent available so that your house does not sit on the market for longer than it should. Choosing a real estate agent can be difficult, but these are five qualities you should look for in a real estate agent.

1. Expertise

Real estate agent Selling lake homes is very different from selling off-lake properties. Make sure the agent you choose to work with is a lake expert who knows the lake, shoreline restrictions, water levels, and nearby attractions.

2. Communication

You’d be surprised to hear of how many bad experiences buyers have had with agents who could not communicate. In addition to being knowledgeable, your agent should be an excellent communicator who keeps you up-to-date with each step of your transaction’s process.

3. Integrity

You can tell a lot about a real estate agent by reading testimonials from past clients. You may find that the agent you are interested in may not be as honest as they appear to be. So, you will also need to make sure the agent is honest with you.

You will need them to be honest and brave enough to tell you the truth about the property. You may want to sell your home for $400k, but the agent knows it will only sell for $300k you want them to be upfront with this information.

Remember, candor denotes trust.

4. Schedule

ScheduleReal estate can be an extremely demanding business. The real estate agent you choose to work with should be able to manage their schedule efficiently.

If a buyer only has a specific window of time during which they can view a property, you need to be confident that your agent will be on time to the showing.

5. Industry Knowledge

Your agent should have extensive knowledge of the local market. The agent should be intimately familiar with state and local real estate laws, the home selling process, and every aspect of the real estate game.

Such knowledge is crucial to ensuring that there are no omitted details in contracts and other aspects of the sale of your home.

It is also important that you meet your agent in person and ask for a portfolio. Do not be shy to ask questions or vet multiple real estate agents.

It is your home and your money that they are responsible for in the end. Do plenty of online research and make sure you find a qualified lake expert agent to help you through the process.