Bennett Real Estate:
A Comprehensive Guide To Buying Or Selling A Home in Visalia, CA:
When it comes to real estate, there's a lot to learn. Unless you have a strong grasp on the topic, it can seem incredibly overwhelming.
Moving can often be a stressful time in many people's lives, and the uncertainty and confusion surrounding how to buy or sell a home can be daunting for many families.
Thankfully, as a resident in or around Visalia, California, you don't have to worry any longer.
The real estate agents at Bennett Real Estate are not only experienced, knowledgeable and ready to help, they understand how intimidating the process can be and are there every step of the way.
So, if you're considering buying or selling a home in the San Joaquin Valley, let a licensed real estate agent from Bennett Real Estate assist you on this journey.
Is Visalia, California A Good Place To Buy A Home?
With above average schools, a wide variety of parks and outdoor activities, and an active local area, Visalia, California is a top choice for many families and young professionals.
According to a recent survey, Visalia was ranked no.1 for "Most Affordable Housing Market Conditions" in California.
Using the median housing price divided by the median average income, over 100 real estate markets in California were analyzed to determine housing affordability.
What Are The Real Estate Market Trends In Visalia, California Like?
The most recent research done on market conditions in Visalia, California was done in December 2021.
This research showed the average property's sale price as $397,450 with around $200 per square footage.
As last year came to a close, sellers had their new listings on the market for an average of 120 days before securing a buyer.
Visalia is currently a sellers market - meaning there are more buyers looking for properties than there are properties for sale. With this many people looking for homes to buy, making finding a real estate agent with integrity in mind, important.
How Do I Start The Home Buying Process?
The process of property buying can be a long, drawn out one. This is why finding a team of real estate experts with your best interest in mind is not only beneficial, but crucial.
Making sure you have your finances in order is the first step before meeting with mortgage lenders.
Once you're approved for a mortgage, you'll need a trustworthy real estate agent (also known as a "real estate salesperson" ) to come alongside you when contacting sellers and viewing homes.
Once a real estate agent has helped you find the home of your dreams, a closing date will be set, escrow companies will prepare documents and title companies will take care of the administrative tasks.
Do I Need A Real Estate Agent?
To answer this simply: no, you don't need a real estate agent to buy property, however it's not a wise move.
A real estate agent’s job description is far more than finding a home and selling it.
More often than not, attempting to buy property without the help of a real estate agent is much more work than if you were to use one.
Real estate agent’s have direct, inside knowledge on open houses, the possibility of other prospective buyers, comparative market analysis, new property showings and other comparable properties.
A good real estate agent will be very familiar and knowledgeable about their local market conditions and can advise clients on any technical aspects of the process.
Since real estate agents are trained to listen to their clients needs and find them a suitable property within their budget, if you do decide to take the route without one, you'll be required to do all the research and analyzation yourself.
What Are Real Estate Agent Responsibilities?
When it comes to a real estate agent job description, there are probably more types of real estate agents than you ever knew of.
All real estate agents have to have a pass a state exam after obtaining a high school diploma to receive their state license and typically strictly only work with either sellers or buyers.
To keep it simple, the first two are the seller's agent and the buyer's agent.
Buyer's Agent:
As their name suggests, a buyer's agent is any real estate agent working with home buyers to assist and navigate them through the chaotic world of real estate.
Here are a few things a buyer can expect from their real estate agent:
Find The Right Property:
Real estate agents working with aspiring home buyers will provide their clients with home suggestions that will not only fit their needs and desires, but work within their budget.
A professional and efficient real estate agent will consistently make phone calls to an available property, book open houses for their clients and conduct walk throughs, answering any questions that may arise.
Explain the thorough overview of a particular area and the average competitive market price, to explain the pro's and con's for prospective buyers.
Recommend services like home inspectors, real estate attorneys and movers
Present purchase offers to the seller
Potential buyers want to rest assured knowing they're investing their hard earned money in a safe and smart way.
Both side of these types of real estate agents work together to negotiate pricing and terms.
Seller's Agent:
As the name suggests, a seller's agent handles all of the responsibilities for those looking to sell their home.
A seller's real estate agent handles the logistics involved in listing real estate properties for sale and taking calls from potential buyers. This type of real estate agent essentially represents the seller of the property.
A seller's real estate agent's day may consist of generating leads, talking to potential clients, contacting listing agents and consulting with selling clients on top candidates.
In addition, the seller's real estate agent can be present during both an open house and property closings and can assist with closing statements and real estate documents.
Other Agents:
In the real estate business there are other real estate agents and business associates you may not be aware of. Much of it depends on the level of education and training one has gone through.
Real Estate Broker:
A real estate broker is a type of real estate professional that has been continuing education and has a stricter type of real estate license to sell properties. These types of real estate agents are considered "experts" in their field.
A real estate broker is often considered a "step up" from your basic real estate agent with more extensive training and experience, however it's not required to use one.
Title Companies:
In a nutshell, the role of title companies is to manage the closing real estate transaction when a home has sold.
Title companies firstly work to ensure the sellers indeed have the rights to sell the home to the buyer.
In addition, they often appoint a real estate attorney to review all documents to approve legitimacy and finalize the deed.
How Can Bennett Real Estate Agents Help Me?
With all these different types of real estate agents, companies and properties, clients can become stressed quickly.
The team at Bennett Real Estate has experienced, friendly real estate agents here to help you. Whether you're a buyer, looking to sell your home, or anything in between!
With Bennett Real Estate by your side, clients will get fully focused attention to detail, purchase agreements and other documents handled for you, quick contact with a listing agent, accurate property value numbers and a team at your service whenever you need them.
How Do I Take The First Step In Working With A Bennett Real Estate Agent?
With many choices in real estate agents, properties and negotiations, let Bennett Real Estate Agents make it a smooth process from start to finish.
Call: 559-792-2556 or contact them online at https://www.c21breg.com/contact.