Buying and selling a property is never a simple process, and hiring a local real estate agent can make your life much easier. They can guide you and quickly take care of all the details that would take you ages to figure out yourself. Especially if you are buying property in Canada and are out of state—you will need an expert that is more familiar with the local processes and regulations than you might be. Take a look at some of the many advantages of hiring a local real estate agent.
Why Hire Locally?
With a realtor who is not familiar with the area, you will have a much harder time getting a good deal. Hiring a realtor who knows everything about the place is crucial. A local real estate agent will understand the area and be familiar with potential clients in that location. They will also know about the different amenities. Therefore:
- If you are selling, they will know what type of potential buyers might be interested.
- On the other hand, if you are in the market for a new home, a local real estate agent will be able to give you valuable advice on amenities.
- If you are looking for a good schooling system for your children, they can give you the best information on the top schools.
It is pretty tricky to sell your home or buy a new one. For most people, this is one of the most significant investments and decisions of their lives. Therefore, making sure you have a good realtor on your side is of the utmost importance.
The Buying Process
If you are buying property in Canada, it is vital to be familiar with all the steps of the home buying process. Your local real estate agent will be extremely helpful in this case. Dealing with all the procedures and laws may be overwhelming if you are inexperienced. This is why you should rely on a local and experienced agent. Do your research before hiring a real estate agent and ensure they have years of experience in the field.
Photo by: Brydon McCluskey – Unsplash
A Local Real Estate Agent Will Have Knowledge About the Area
If you are selling a home, you want to emphasize the lifestyle that comes with it and all that comes with the local area. A local real estate agent will be informed about the Canadian housing market and will be able to sell your home the right way. Buyers want a home to tick all the boxes, and they do not only include the house itself. The list can consist of the neighborhood amenities, schools, supermarkets, proximity to the city center, etc. A local agent will know the most about the area that you are planning to buy or sell in. You will not have to wait for them to look up details as they will already be super knowledgeable about it. This way, selling and buying can move more quickly.
A local real estate agent will be more knowledgeable about the area.
Buyers will be able to ask questions about:
- Local bus routes
- Best primary schools
- High school boundary
- Local shopping centers
- Expansion plans or road changes
- The average market price and trends of the area
A local agent will have relevant information on everything local, which will put you at a great advantage.
An agency or a realtor that is based in a different area will have difficulty understanding the local market. A local real estate agent will know everything about the general market conditions, and they will have an idea when it will be the best time to sell or buy properties. If you have already worked with a local real estate agent, consider using their service again. They will know you well, and this can speed up the process. They might already have details about potential buyers or sellers that would be an excellent match for you. The local real estate agent could also have a potential candidate ready to buy or sell at short notice. If you are looking to sell or buy fast, a local realtor can help you get the perfect deal. A local agent will also have access to information like:
- The average sales prices of homes in the area
- Details on how long a house has been on the market
- The average cost per square foot of homes in a particular area
Another valuable advantage of hiring a local real estate agent is their availability. They will be able to meet up with you more often and help you with any doubts and queries. This will also make it easier for your agent to help you present your home if you are selling. On the other hand, if you are investing in real estate, a local agent will schedule showings for you more quickly and efficiently. Meeting up with an agent instead of exchanging phone calls and emails can make it easier to communicate what you need and can help avoid confusion. Moreover, an agent who is focused on one location can allocate you more time as they will not have to spend hours in traffic.
A good local real estate agent will be great at networking and have abundant contacts. They will also know people looking to buy or sell homes and will be connected with other real estate agencies. Local real estate agents typically communicate regularly and help each other out. Consequently, if you hire a local real estate agent, they might let other local agents know that you are selling or buying a home. Doing so will help you spread the word to other agents with properties or clients that match your needs. Experienced real estate agents will have been doing this for many years. Hiring a local real estate agent with an abundance of experience and solid communication skills will help you get what you are looking for faster and more efficiently.
- Written by: Emma Jones