Buying or Selling a home is a complex and stressful
undertaking. Getting an expert to help will save you
time, money and aggravation.
Looking out for your best interests:
By asking a REALTOR to act on your behalf during the
purchase or sale of a home, you create an Agency Relationship
and become the REALTOR's client. REALTORS always owe
their clients full fiduciary duties, such as loyalty,
confidentiality, accountability, duty of care, obedience
to all lawful instructions, and full disclosure of all
pertinent facts.
Getting the best deal - Know the Market:
What have similar properties sold for in the immediate
area? How long were they on the market? How does this
one compare? Is it over-priced, under-priced, or fair
value? What type of market is it - is it a Seller's,
Buyer's or a Balanced market? By having this information
at your fingertips, you are in a position to negotiate
the best price and take advantage of any opportunities
that may show up.
Getting the best price:
Professional marketing means top dollar and a faster
sale. REALTORS spend a lot of time and energy making
sure they know their local market inside and out. They
know the current market value of properties in your
area and are your best resource for determining and
getting the best and highest price possible. All REALTORS
have access to all of their agency's resources and marketing
skills, ensuring that all potential buyers are quickly
made aware of your home.
Negotiation expertise:
While a REALTOR does many things, one of his or her
most important functions is to negotiate on behalf of
their clients. When you purchase a home, you want the
best deal possible. Your REALTOR's job is to facilitate
this by drawing up legally binding contracts, assisting
in negotiating offers, offering advice and perspective
and, if needed, acting as a mediator during any potential
disputes between you and the seller.
Showcase your home in the best possible light:
"First impressions count!"
As unfair as it might be to your home, after only fifteen
seconds most buyers have already developed a perception
of your property that will color their feelings during
the rest of the showing and perhaps dramatically affect
how they perceive the value of the property. REALTORS
can offer a great deal of information and advice on
how to significantly increase your chances of obtaining
the highest and best price for your home.
Finding the right home & neighborhood for you:
REALTORS spend a lot of time and energy making sure
they know their local market inside and out. They are
familiar with the current market values of properties
in the areas you are looking and are your best resource
for finding the right home.
Dealing only with qualified buyers:
REALTORS have access to pre-screened and pre-qualified
buyers who are really serious about buying in your neighborhood.
They work full-time making these connections and are
literally the best source of potential purchasers.
Determining your "wish list":
What is it that you want from your new home? A particular
style, design, lot type? Proximity to schools, services,
work? A pool? A two-car garage? A specific price range?
A REALTOR will help identify exactly what it is you
are looking for and ensure that you get to see all the
homes that meet your criteria.
Negotiation expertise:
REALTORS do many things, but one of their most important
functions is to negotiate on behalf of their clients.
When you sell your house, you want the best price in
a reasonable amount of time. Your REALTOR's job is to
facilitate this by drawing up legally binding contracts,
assisting in negotiating any offers, offering advice
and perspective, and if needed, acting as a mediator
during any potential disputes between you and the purchaser.
Professional
experience:
A REALTOR brings to the table all of his or her knowledge,
training and negotiation skills, and will explain exactly
what you can expect from the buying/selling process. He
or she will be able to explain your rights and obligations,
help organize and strategize, and even discuss financing
options.
All REALTORS are members of the National Association of
Realtors (NAR). This organization requires all of its
members to adhere to a strict Code of Ethics and Standards
of Business Practice. The Code and Standards are very
important because they assure that all REALTORS offer
the highest level of service, honesty and integrity possible.
All REALTORS are subject to constant professional monitoring
that keeps them directly accountable to the individual
consumers they serve. NAR also ensures that all of its
members are knowledgeable and highly trained in order
to better serve the public and offers ongoing education
courses so that REALTORS continue to meet the highest
professional standards in an ever-changing industry.
Assist
with financing needs:
REALTORS are familiar with all of the complexities involved
in the pre-qualification, approval and negotiation of
mortgage rates. Like many industries, banks are experiencing
quite a bit of competition and are often willing to
flex from their quoted rates. Experienced REALTORS can
often assist in finding the most competitive rates and
terms available.
Access to Multiple Listing Services:
REALTORS have exclusive access to the Multiple Listing
Service (MLS). It is one of the most effective marketing
tools available, giving all REALTORS nation-wide access
to your property. The MLS system also allows a REALTOR
to examine all properties for sale and short-list the
ones that are right for you. This not only offers more
choices but also saves you valuable time and effort.
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