Post 2008 some may wonder how realty as a profession has stayed afloat, what with Trulia, Zillow, and a plethora of other home buying websites providing basically the same services. The fact of the matter is, those sites do not provide the same or even comparable professional services that a skilled and experienced real estate agent can offer.
According to the National Association of Realtors and contrary to logical thought, real estate agents are being as widely used as ever. Up from 69% in 2001 and 89% in 2012, 91% of buyers are retaining agents to aid them in their housing searches in 2013!
In our post-crash world the reality of the real estate market is much more complex. Tighter Lending standards and the presence of foreclosures and short sales have created a rapidly shifting market, one day the market favors sellers and the next it’s time to buy, buy, buy!
The point is with all these variables it is imperative to have a professional working for your best interests when negotiating tricky contracts or financial situations.
Agents provide a more comprehensive understanding of how the market functions on the day-to-day and long term. This is a necessary skill for both buyers and sellers to take advantage of whilst in the midst of navigating listing and purchasing transactions. The provided infogram demonstrates exactly what and why realtors are still needed. For some extra/more information on the need for realtors and why they are still used the links below are extremely useful!
And Remember, as always, Check back in to MarinRealEstate.net for more news and information going on in Marin!