According to the National Association of Realtors, 90% of home sellers use a real estate agent to sell their homes. A listing agent is familiar with the local real estate market and helps prospective sellers manage properties.
Keep reading to learn what is a listing agent and how they can help you navigate the real estate market.
What Is a Listing Agent?
Listing agents are licensed real estate professionals who represent the seller during the real estate transaction. These agents work by helping sellers navigate each phase of the sale. Listing agents work as the intermediary between the seller and prospective buyers.
Successful listing agents will run a comparative market analysis in order to build a strong online listing and create the property’s marketing materials. The listing agent is responsible for advertising the property and fielding different offers and interested parties.
What Is a Buyer’s Agent?
In contrast, the buyer’s agent is responsible for representing the buyer in all real estate transactions. This purchasing agent helps their client find listings that work for their needs. A buyer’s agent will filter through real estate listings that match their client’s budget, size, and location needs.
Real estate buyer’s agents work with them to create an offer to submit to the listing agent. Once both parties agree on an offer, they are responsible for scheduling the home inspection and appraisals before closing.
Benefits of Hiring a Listing Agent
Hiring a listing agent to sell your house can be very beneficial to having a smooth real estate experience. Here are some of the top reasons for hiring a listing agent.
Competitive Real Estate Listings
In order to get traction in the real estate market, you need to consider the other listings on the market. Online databases, like Alaskahomesearch.com, can help you and your agent familiarize yourselves with the going rate of other houses in the area. Hiring a listing agent can help you ensure that your home is priced and marketed competitively.
Access to the MLS
The Multiple Listing Service (MLS), is an online database of real estate listings. Listing and selling agents have access to this database to help their clients have a pleasurable real estate experience.
Only listing agents are allowed to submit online listings to the MLS. Not only does the MLS allow realtors to familiarize themselves with the market, but it also helps your home’s listing get even more exposure.
Skilled Negotiator
Listing agents have acquired a wealth of skills from years of real estate negotiations. Exchanging real estate offers can get increasingly complex. Experienced listing agents are able to navigate the market to get you the best price with minimal contingencies.
Hire a Listing Agent
Once you learn what is a listing agent, you can streamline your real estate transactions. An expertly trained team of real estate professionals can ease your experience. Listing agents work tirelessly to help real estate owners sell their property.
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