I got interested in an upgraded home in an older neighborhood which holds large space and all amenities. Should I invest upon it?
If your goal is to buy an upgraded home in older neighborhood on its resale value which is similar or lower in price to the others, then there should be no problem as pricing should be considered in relation to the local neighborhood and not compared to homes in other neighborhoods mostly. Overpaying for the restructured or improved property is not a wise decision. Also, checking the neighborhood likeability is the most important factor other than pricing as the family or buyer should feel most comfortable in the property surroundings.
Whom should I choose between a family friend who is also a Realtor and another professional agent who are suggesting low and high price rates for selling my home in the market respectively?
It is recommended to consult a couple more Realtors for the market value of your home. It could be that your friend is being more honest with you about the value of your home and the other Realtor gave you a higher number because he already knew the expectations.
Or it could simply be that your friend is a good friend, but not that great of a real estate agent.
So, choose wisely and check which one is genuine on the basis of experimenting with multiple professional agents in the market and then comparing the suggested pricings.
Why should I prefer a real estate salesperson?
A real estate salesperson offers its customer or client advice and guidance helping him/her to buy or sell a property. They get paid for their service as commission and sell services like Certified Public Accountants and Attorneys.
The data on listings available for sale on the websites is almost current but not always. To get the most recent information about the property for sale is contacting with an agent or a salesperson.
Customers can get listed in the Multiple Listing Service via a licensed real estate agent, a member of local MLS to further get listed on giant, popular real estate websites and get access to buyers when intended to sell a property also.
A real estate agent supports many services along with helping in sale or purchase of the land or property with better information, years of experience and amazing skills.
How does a real estate agent different from a real estate broker?
Most states require real estate sales professionals to be licensed and experienced to resolve consumer problems. Brokers are generally required to have more education and experience than real estate salespersons or agents to continue their business under the license. All listings are placed in the broker’s name and the salesperson or real estate agent must work under the real estate broker.