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Why you should use a Realtor to buy or sell a home
When it comes to
buying or selling a home, most of us have probably asked ourselves: Should I use a
Realtor, or can I do it myself? The thought that you might be saving some money on
one of the biggest business transactions most of us will ever make, can be very appealing.
Reasoning
that you can “pocket” the real estate commission, or get
a “bargain” on that For Sale by Owner property, often results
in “false” savings. Selling or buying a home is a
very complex procedure involving large sums of money, stringent legal
requirements, with the potential for making some very costly mistakes.
Realtors have the qualifications and experience to help you make a
successful purchase or sale in a relatively fast and painless manner.
The
do-it-yourselfer seller or buyer will also have to factor in the considerable amount of
time and expense required to market or pre-view properties, respond to or make calls and
fill-out paperwork. Buying or selling a home on your own makes no more sense than
trying to build a new one from scratch without the knowledge, training, experience and
time needed to do the work properly.
Once
you decide that using a Realtor is the way to go, it pays to shop
around for this individual. By Realtor, we mean a licensed real
estate professional who is a member of a local real estate board.
When you work with a Realtor, you can expect strict adherence to regional
laws and to a national code of ethics.
Advantages to Sellers
A Realtor is an
expert in effective advertising and will cover all the costs as part of their service to
you.
Your home will
receive far-reaching market exposure through the Multiple Listing Service (MLS).
You can depend
on their support every step of the way.
A Realtor will
provide you with a full explanation of the selling process and what to expect from the
beginning.
A selling price
will be established in consultation with you that will appeal to buyers interested in your
type of home and neighbourhood.
A Realtor will
assess your home and provide you with tips on how to highlight its best features and make
it more appealing.
A marketing
plan for your home will be developed to help it sell quickly at or near the asking
price. In addition to MLS listing and advertising in newspapers and other media,
most plans will include a number of open houses.
A Realtor will
save you time by separating the lookers from the buyers and ensuring that only serious
buyers visit your home.
When an offer
is received, a Realtor will use their knowledge and experience to negotiate an agreement
on your behalf and according to your instructions.
If you accept
an offer, the Realtor will participate in drawing up a legally-binding contract that
protects your interests, ensures any conditions to a binding agreement are fulfilled, and
that all your questions and concerns are dealt with to your complete satisfaction.
Advantages to Buyers
Realtor has the
knowledge, experience and resources to find properties in your price range and homes that
match your individual needs.
You can get
information on schools, transportation and other services in different neighbourhoods and
access the MLS service which provides up-to-date details on a wide variety of properties
in the markets you’re exploring.
Realtor can
help you understand property financing, taxes, insurance and the steps you’ll have to
take to complete a real estate transaction.
You can save
substantial time by allowing the Realtor to “preview” properties that fit your
budget and expectations. This way, you may only have to visit a handful of homes to
make a wise and informed selection.
Realtor will
explain the various financing alternatives available and provide-up-to-date information on
interest rates and mortgage options.
They will act
as a mediator to off-set potential conflicts between you and a seller.
Realtor will
draw up an offer to purchase and assist with all details required to make a successful
transaction, including when to bring in other professionals (lawyer, lender, home
inspector, insurance broker and others).
RealEstateSurfing.com
1-800-709-3847
info@realestatesurfing.com
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