How Real Estate Agents Can Help First-Time Real Estate Investors

Real estate investors have plenty of concerns to consider when buying or selling properties, and this includes working with real estate agents. Hiring a real estate agent is highly beneficial for you, especially if you’re a first-time property investor. This is because you may not know the basics of how buying, selling, and renting houses work.   

However, some property investors avoid working with real estate agents for various reasons. For instance, they aim to save money on fees and commissions. However, if you own a rental property, you can read more info here to enlighten yourself about rental property management commission and fees.  

On top of that, if you’re curious about how real estate agents can help you as a first-time real estate investor, consider reading the list below.    

     1. They Provide Thorough Market Knowledge  

As a real estate investor, one of the primary benefits of working with an agent is getting extensive market knowledge. Best agents are knowledgeable about all the aspects of the real estate market. This primarily includes how different factors like the unemployment rate and interest rates can influence the market. They also have a thorough knowledge of the ins and outs of the housing market. Aside from this, they understand more information about homes for sales than the details you’ll find on the Multiple Listing Service (MLS).   

    2. They Have Excellent Negotiation Skills  

Real estate home are pointing to insurance contract signing and are explaining to customers at the office.

Selling a house can be an emotional task for many property sellers due to the emotional attachment to their properties. Even if you do your best to make an objective judgment, there’s still a high possibility that an emotional state will show in your negotiation skills. This is why it would be worth considering hiring a real estate agent. 

As a property investor, working with a real estate agent helps you ensure you’re only making objective and rational decisions when negotiating with buyers. In addition, a real estate agent encourages you to focus only on the big picture. Hence, you can sell your house successfully without feeling uncomfortable in the negotiation process.    

     3. They Give Expert Pricing Advice  

Much like the negotiation process, pricing your house can be challenging when making objective decisions. But with the help of real estate agents, they understand the market, the neighborhoods, and the comparable housing prices. Your agent can show the current prices of other houses similar to yours and help talk through the price you’d like to set for your home.   

Although the agent’s primary goal is to sell your property for a profitable price, they’re going to have a realistic view of factors you might have overlooked due to emotional attachment to your house. As you eventually work with your agent, you can set the price for your property together so you can expect to get the best possible price.   

     4. They Streamline The Process And Handle Paperwork  

Real estate negotiation is often a lengthy process. However, working with a real estate agent can make the transaction more manageable for you. Your agent will manage showcases and open houses, so you don’t have to do all those meetings yourself. A real estate agent will also help you determine serious buyers by filtering those unnecessary phone calls that might lead to nowhere. Conversely, if you’re a property buyer, your agent will likewise shield you from being bombarded with phone calls and the marketing strategies of property sellers.  

Apart from taking too much of your time, a real estate negotiation involves extensive paperwork. This process also includes complex real estate contracts, requests, offers, counteroffers, settlement statements, and so on. Many property investors are overwhelmed by the amount of paperwork they have to handle when closing a real estate deal. However, hiring an agent can make the process more convenient.   

     5. They Have Network Of Connections  

Real estate agents are experts at making connections with other real estate professionals. Their networks provide you with further insights into the market, which you won’t simply get when you choose to work unassisted. Many real estate agents hold a list of professionals they trust and who they have worked with before. Hence, a real estate agent can provide you with a list of professionals that can help you with the selling process. These professionals include home repair professionals, mortgage professionals, real estate appraisers, and lawyers.  

With that in mind, instead of taking the time to look for these professionals and reaching out to them independently, your real estate agent can give access to these people. This part is highly beneficial, especially if you’re a first-time real estate investor, as it’ll enable you to build your network of experts you can rely on for future real estate investment deals.  


Overall, working with a real estate agent as a first-time property investor is likely to minimize the lengthy and stressful process when closing a deal. Thus, make sure to hire the best suitable real estate agents in your area so you can get the most satisfying results.  

Rylie Holt