Southeastern Michigan has a competitive real estate market due to the high number of homes for sale and rent in the Metro Detroit area. Working with a local realtor is one of the smartest steps you can take during your property buying/selling process, as they know their way around the regional real estate industry.
Here’s a brief look at advantages of working with a local realtor in Southeast Michigan:
1. Knowledge of Local Housing Trends
The most apparent advantage of a local realtor is that they are familiar with the local market. Knowledgeable and familiar with the typical asking and selling prices in the area, realtors are also well aware of general market trends.
For instance, if you’re a seller, a local agent has the expertise that can help you arrive at a reasonable appraisal of your home’s worth. This can make it more appealing to buyers than competing properties in the vicinity, which improves the chances of finding your buyers faster than if you set an unfair price.
2. Access to Off-Market Local Listings
Local realtors often have access to exclusive listings sold off-market, which aren’t included on the Multiple Listing Service (MLS), thus are aware of properties prior to official listing. When searching for your next home, this can work in your favor if you’re looking for something special or hoping to jump on a property before it enters the MLS.
Working with a reputable local real estate agent in Southeast Michigan like Kime Realty, allows for frequent in-person meetings. At times, scheduling a face-to-face appointment with an agent can be more efficient than relying on phone conversations and emails.
If you’re selling your home, the right real estate agent will assist you in getting your home ready for the market. Kime Realty are strategic superior home sellers who offer FREE pre-list home inspections and interior design consultations to give you feedback on repairs and refreshing your home might need, prior to opening it for viewing. You can consult each other in real-time and make the necessary tweaks before the listing.
If you’re a buyer, a local real estate agent can schedule viewings of available properties at times convenient for you. They can also use their connections to get you at the front row for touring.
4. Personalized Recommendations
When meeting with your realtor face-to-face, they’ll likely ask you a list of questions to get a good grip on your requests and requirements. From the information gathered, the right realtor should be able to make personalized recommendations.
For instance, if you’re looking to buy a home and you’re a golf enthusiast, a property near a golf course might be suggested. Alternatively, if you’re looking to sell a property near a lake, they could advise including a boat port to increase its value and desirability.
5. Local Network
Real estate transactions require services of other professionals, from insurance agents to attorneys. For sellers and buyers, real estate agents have access to a local network of reliable service providers for anything from repairs and inspections to financing options, and Kime Realty offers advantageous pricing from preferred vendors.
When selling your home, local real estate agents use their connections to help you sell your property faster. A local realtor may also recommend reliable contractors and other service providers who can assist you before, during, and after the sale of your property.
Local agents often get property leads from colleagues or other professionals. This helps buyers with house matching, giving you a leg up on other home buyers in the area.
Whether you are purchasing or selling a home, working with a local realtor has several advantages. The knowledge and network of the regional real estate industry can prove invaluable at every stage of your buying/selling process.
If you’re considering working with a local realtor in the Tri-County Area, contact Wendy and Greg of Kime Realty at (734) 446-5744.