Housing and land are on a growth Property projectile. According to the National Association of Realtors, land sales grew by 6% in 2021, surpassing other types of commercial real estate. The recent growth makes land a great investment and partially explains why Stefan Soloviev and other contemporary farmers and real estate investors are accumulating huge tracks of land.
That said, you need to work with a realtor to succeed in property investment. Here are the reasons why working with a property pro is vital.
Real Estate Experts Keep Up with Market Trends
Industry leaders follow the trends. For example, they can use the rising land prices and mortgage rates to help them make vital decisions. Numbers and statistics help you make an informed decision on diversifying your portfolio. This explains why Stefan Soloviev is making major moves in large-scale modern farming while other tycoons are rushing to the construction sector. A professional will help you navigate the markets and make the best decision.
They Understand All the Fine Print
These days, buying and selling land requires more disclosure and regulations. That means many legal documents come into play, and the papers will speak in the realtor’s language.
Therefore, you need an expert to interpret the documents for you. Real estate gurus often involve experts in ensuring all the paper details are ironed out, and no stone is left unturned.
Property Pros Negotiate Excellently
Most real estate owners pick professionals to coordinate with all parties, including the buyer, seller, agent, inspection company, and appraiser. Talking to all these people as a non-expert can be overwhelming. Therefore, it is essential to lean on someone who knows:
- How to address the concerns of each party
- The levers to pull and get the best deal
- If the deal is worth taking up
They Know How to Maximize Your Pool of Buyers
If you’re selling property, a realtor will have a variety of tools that you can use, like agency resources and social media following. If they have a credible profile, posting your property on their timeline will get you more buyers than you could imagine.
Therefore, be sure to exploit the network that a property pro comes with. Experts explore the available options and choose the best one. They ensure you get a good deal matching house prices and inflation.
Industry leaders choose to work with property pros. Since they know their craft, realtors will help you value property when buying or selling, and they’ll navigate through the hilly paths of paperwork and legalities to help you get an excellent deal.