RELATED: The Best Real Estate Agents in KC
Kansas City Real Estate Agents: Do I Really Need One?
A real estate agent is an individual who is licensed to help people to buy and sell residential and commercial property. They are responsible for helping clients with all aspects of the real estate transaction process.
Buying a home is one of the most serious and responsible decisions that people make in their lives that has a significant impact on them for many years. According to Business Insider, an average homeowner in the United States spends about 37% of their income on their home. Buying or selling is a complicated process that involves a lot of paperwork and many details that are important to pay attention to. Therefore, most people prefer to work with a professional real estate agent, who will make the process much easier. It is still possible to do everything on your own but you should be ready for certain risks that you may face. If you are thinking of buying or selling a home in Kansas City and wonder whether you need a realtor or not, here is the list if reasons why you should consider hiring one:
- Real estate agents have experience and expertise. The process of buying or selling a home requires dozens of reports, forms, disclosures, and other technical documents. Realtors have enough expertise to help you with them and prepare a killer deal without any mistakes and delays that can mess up the whole process.
- They have searching power. The Internet is a great source of information. You can find almost everything on the Internet, including your dream home. You can see many online listings with thousands of homes to choose from. However, realtors have access to even more listings. They can help you find hidden gems that you would never be able to find yourself.
- They have excellent negotiation skills. In order to buy or sell a home, you need to have negotiation skills. A professional realtor has these skills that help them to negotiate the price, get you a good deal, and make sure that everything is in order.
- They have their own network. Realtors have valuable connections in other fields, including surveyors, mortgage lenders, and even lawyers, who help homeowners resolve foreclosure situations.
FAQ About Kansas City Real Estate Agents
What Does the Real Estate Market in Kansas City Look Like?
Kansas City, Missouri is the city with one of the hottest real estate markets at this moment. According to Zillow, the median home value in Kansas City in 2020 is almost $163,000, while the median price of the homes that are currently listed is almost $200,000. The home values in the city have gone up by over 4% in 2020. Currently, there are almost 3,000 homes for sale in Kansas City located in 221 neighborhoods, ranging from $5,000 to $7,3 million.
How Many Real Estate Agents Are In Kansas City?
In total, there are over 6,000 active real estate agents in Kansas City, including investor friendly and foreclosure realtors. However, only 5% of them sell homes for $39,350 more money than an average realtor in Kansas City.
When Is The Best Time To Hire A Real Estate Agent in Kansas City?
Your decision to hire a realtor should be based on the state of the Kansas City real estate market. However, it is recommended to hire a professional as soon as you started thinking of selling or buying a home.
What Questions Should I Ask a Real Estate Agent?
In order to understand the experience and expertise of a realtor you are going to work with, you should ask them the following questions:
- How many houses have your sold within the last 6 months?
- Do you know the Kansas City area?
- Will I be working directly with you, throughout the whole process?
- How will we communicate?
- What is your marketing and negotiation strategy?
- How long have you been a real estate agent?
- Are you a part-time or full-time realtor?
Let a realtor be your guide
Purchasing or selling a home in Kansas City is an important decision, and you may need some help with it. In order to avoid mistakes and make an informed decision, it is worth working with a real estate agent, who has the experience, expertise, and know the market. Knowing all the details about the real estate market in the city and realtors, we hope you will be able to buy or sell your home successfully without any financial losses and regrets in the future.