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hi this is Anita from Real Estate Crunch
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when a lot of people are looking to sell
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their home some questions that they
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might ask themselves are should I hire a
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real estate agent or buy or sell a home
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on my own and I think you know whether
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you're looking to buy a home or to sell
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a home people begin to ask this why
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because you know depending on the value
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of the home it can be very expensive to
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hire a real estate agent you know real
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estate agents this is my opinion on real
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agents is real estate agents are like
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anything else it depends upon who you
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get whether or not they are worth their
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money or not of course if you get an
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agent who doesn't know what they're
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doing maybe they're not worth the money
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but if you get an agent who really
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understands what they're doing knows how
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to help you negotiate can point you in
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the right direction then that agent and
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their experience is worth the money and
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also worth you doing it real estate
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agents generally fall into two you know
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type of categories you know there's uh
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buyers agents represent buyers and
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finding purchasing a home and sellers
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agents or the listing agents help
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sellers market and sell their homes for
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the best possible price so you know most
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of the agents will either do this one or
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another and a lot of times if it's an
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agent has a lot of in-depth knowledge
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the you know the buying agent might know
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the selling agent might be able to get
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some insider information get some things
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to help on it that again is very
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valuable especially if it's a property
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or home that you want to buy your agents
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typically work on commission so they
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earning a commission on the home sale
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price incentivizes them to close deals
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you know so that could work in the
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advantage or disadvantage they could try
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to close a deal quickly but most good
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agents will want to be able to close a
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deal because it's something that they
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you know they know they'll get the
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commission on it but they also want to
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make sure that you're happy because they
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realize that if you're happy you may
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recommend them in the
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future here's some of the pros and cons
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of hiring a real estate
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agent first of all one of the pros is
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market knowledge and experience a good
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real estate agent as I said before
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should have good market knowledge and
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experience and that's why have a real
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estate license you don't have a license
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for all of America just for a specific
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state and most agents just work in
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specific areas why because they need to
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have an indepth knowledge of the area
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they're working agents too should have
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good negotiation skills experienced
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agents know how to negotiate effectively
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and if you have an agent that doesn't
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like to negotiate they may not be the
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best agent for you especially if you're
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not a good negotiator they have access
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to listings the agents can access
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multiple listing services which includes
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up to date property listings and market
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data so buyers working with an agent
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often get earlier access to new
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properties before they hit the public
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listing they can help you handle the
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paperwork and all the legalities of um
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you know a property ownership you know
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buying or selling a home involves a lot
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of extensive paperwork including
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contracts disclosures and legal
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documents and a real estate agent can
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ensure everything's completely
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correct and you know on time and can
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reduce the risk of legal complications
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this right there is very important and
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this is one of the main jobs of real
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estate agents besides showing you homes
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and selling you the home is the fact too
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that the handling the paperwork can give
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you the marketing and the exposure if
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you're looking to sell they can help you
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handle the marketing strategies they can
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include online listings they can do open
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houses virtual tours and other you know
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promotions they can save you time and
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and reduce uh stress you know selling or
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buying a home is timeconuming and
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complex and agents can handle logistics
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coordinate the showings and help you
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communications some of the reasons why
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people um the cons of having a real
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estate agent of course number one is the
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fee is the commission fee they you know
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it can be costly and you know they pay a
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commission around five to six% of the
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home sale price which is split between
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the buyer and seller's agent so you know
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it it can add up if you have a very
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expensive home that can add up less
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control some buyers and sellers prefer
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to have complete control over the
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process you know where you would may not
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have so much control if you have an
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agent depending upon your agent you can
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have a risk of an inexperience or if
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you're trying to sell an unmotivated
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agent and so your home could sit on the
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market for a long time which could make
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it you know harder with the value of the
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home and so um you know or you could
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have someone who just doesn't really
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know what they're doing they're
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inexperienced if you decide you're going
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to do it yourself you know of course you
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save on the commission cost you'll have
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full control over the process you'll
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have direct communication with any of
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the buyers and you can do your own
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marketing but at the same time you're
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gonna have very limited market exposure
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you're gonna have pricing challenges it
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could be hard to understand exactly what
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the price should be the negotiation
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might be more difficult you could have
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you know unless you know the paperwork
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it can be very complex paperwork and
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this can be an extremely time consuming
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process in dealing with real estate in
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asking which option is best for you for
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most people that are looking to buy
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property or home is to hire a good agent
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and you can check out the agent make
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sure the agent's right for you don't be
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afraid to fire an agent if the agent's
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not right for you but you know really
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check out and make sure that you have
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the right agent that can help you if
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you're someone who's very experienced in
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real estate hiring an agent may not be
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right for you and you may find instead
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that you want to go at it on your own
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we've written a blog post on this
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entitled should you hire a real estate
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agent or buy and sell on your own we'll
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put a link to the description below so
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you can read more about this and some of
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the ideas of things that you can look
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for when you are looking to either buy
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or sell a property either on your own or
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with an agent this is Anita with Real
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Estate Crunch thank you so much for
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listening we hope that you'll subscribe
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join with us and be part of our
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community as we look at all things to do
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with real estate thank you so much