Studies suggest that many homebuyers and home sellers have at least one regret after a real estate transaction, with some claiming that their agent let them down. Surveys also show that most people select the first real estate agent they meet instead of hunting for a reputable local realtor.

The bottom line is that taking the time to select a top locally renowned real estate agent is worthwhile, whether you’re looking to buy or sell a home. Finding one means interviewing several agencies in the area, checking reviews, references, and portfolios, and picking a team that fights for your interests.

Here is why it’s worth your time to look for an excellent local real estate agent:

#1 Unique Market Insights

A top local real estate agent will have unique, in-depth neighborhood insights that an outsider probably won’t have. For example, they’ll know if your neighborhood is bucking national housing market trends and help you strategize accordingly, getting you the best value as a homebuyer or seller. Likewise, they may help you find a family home that matches the same public school your family is targeting.

This phenomenon is perfectly illustrated by how people in Toronto looking for homes in the family-friendly Bedford Park neighborhood usually turn to the best Bedford Park real estate agent in town for professional assistance.

#2 Accountability

Top local agents renowned in the community usually hold themselves to the highest standards. They never knowingly misguide you because they value their reputation. You can trust them for advice and other information.

Such professionals will also offer concierge-level services. They guide you through every step of the homebuying or home selling process, from the essentials to the final negotiations, answering any questions and advocating passionately on your behalf.

#3 Local Connections

Whether you’re selling your beloved home or are interested in purchasing a new one, you may probably need to connect with reliable local contractors such as carpenters, landscapers, electricians, painters, and plumbers.

Here, experienced local agents can point you in the right direction by connecting you with licensed and professional trades people who can help fix up your home.

After all, experienced local agents have carefully cultivated relationships in the real estate industry with many different types of professionals.

Are you looking to avoid moving scams in Toronto? Your local real estate agent may also help you in this area by finding you trustworthy and insured movers.

#4 Financial Tips

Are you looking for ways to get preapproved for a mortgage or for methods to enhance your credit in order to secure the lowest rates and most favorable terms? A local realtor may know what financial institution is most likely to help you achieve your goals.

#5 Fast Sales

Home sellers interested in selling their property sooner rather than later can benefit from partnering with a local real estate agent team that already has a set of high-quality buyers. By contrast, an outsider agency may not boast local clients eager to pay your price and sign the dotted line for your property.

With so many benefits to partnering with a local real estate agency, you simply can’t afford to risk selecting an outsider.

Ellie Chen

Ellie Chen is a graduate of New York University with a Master’s in Real Estate who has been an expert in property market trends and real estate investment for over 12 years. Her previous roles include working in real estate brokerage and as a property analyst. She has provided insights into real estate marketing, property management, and investment strategies. Her background includes roles in real estate development firms and as an agent. Beyond work, she is a great hiker and a volunteer in housing affordability programs. She is also a passionate urban cyclist and enjoys participating in community development initiatives.

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