What is a hybrid agent and why you need one when selling a house in Chicagoland – Many buyers and sellers make the mistake of going with whomever their friends or family recommend instead of finding the agent who can best represent them. As the real estate markets continue hot, it turns out that we have another option that is getting more popular. Let’s broaden your horizons by learning about hybrid agents and why you might need one while selling a house in Chicagoland.
What Is a Hybrid Agent?
We’re all familiar with the traditional real estate agent that a seller engages to help them prepare their house for sale, from the initial consultation to accepting an offer and closing.
Hybrid agents work both as regular agents but also as investors who purchase properties on the local market to then sell to a new buyer.
This slightly unusual manner of working allows them to provide an advantage to their clients, allowing them to close transactions faster and for more money.
They Know Your Target Market
Hybrid agents always have to keep their eyes open to take notice of any stellar deals on the first day they come onto the market.
Half the struggle is beating the competition to the punch, and they have a sharp eye for features that will set a home apart from the other for-sale homes in the neighbourhood. They soon develop an expanded awareness of targeting specific demographics by leaning into prevalent real estate trends by regularly working with both buyers and sellers in that local market.
Potential to Cash out
A unique feature provided by some hybrid agents is their offer to purchase your property themselves.
Some hybrid agents include wording in your contract stating that if your home does not sell within a certain amount of time, they will buy it from you, and they may or may not provide an exact offer figure. This can go either way, as it allows a hybrid agent to nab your property at a bargain, but it’s easy to avoid if you read through any contract thoroughly before signing it.
We always recommend every buyer and seller fully understand anything before signing, and hiring your hybrid agent is no exception to this rule.
Handling the Delicate Issues
Every bit of paperwork and research is all about the details, and your hybrid agent knows the ins and outs of making closing on your for-sale home a breeze.
They’ll create a stunning listing that displays your home’s best features, and they’ll help you sort through offers as they come in to ensure you’re receiving the best price possible.
Finally, a hybrid agent spends a significant percentage of their time negotiating on behalf of both their clients and their own company. When things get rough, they can find new tactics to obtain and deploy leverage, while maintaining a professional demeanour.
Extra Marketing Opportunities
Finally, a hybrid agent combines her negotiating skills with a finely calibrated ability to advertise your home to a specific target market. Hybrid agents accomplish this by keeping up with continuously changing trends in home decor as well as the desires of your best-aligned target buyer.
The previous several years have seen a lot of changes in what homeowners expect from their houses, especially with the rise of work-from-home opportunities. Your hybrid agent understands how to spot your home’s hidden potential and turn it into higher offers.
Professional Hybrid Agent Help in Chicagoland
If you’re looking for a great hybrid agent to help you sell your home without a lot of hassle, contact our professional team today at (312) 869-2289!