1.) You'll have an expert guide you through the process. A knowledgeable expert will help you prepare the best deal, and avoid delays and costly mistakes. 2.) Get objective information and opinions. Realtors provide local community information on utilities, zoning, schools and more. A professional realtor will help you decide if the property will provide the environment you want for a home or investment. Also, he/she will counsel you on whether your property will have resale value when you are ready to sell. 3.) Find the best property out there. Sometimes the property you are seeking is available but not actively advertised in the market. It will take investigation by your realtor to find all available properties. 4.) Benefit from their negotiating experience. There are many negotiating factors, including but not limited to price. Also to consider are financing terms, date of possession, inclusion or exclusion of repairs, furnishings, or equipment. The purchase agreement allows you time to complete appropriate inspections and investigations of the property before you complete the transaction. Your realtor is knowledgeable of which inspections and investigations are recommended or required. 5.) Property marketing power. Real-estate doesn't sell by advertising alone. A large share of real estate sales comes as a result of this professional's contacts through previous clients, referrals, friends, and family. You do not have to allow strangers into your home when your property is marketed by a realtor. Realtors generally prescreen and accompany qualified prospects through your property. 6.) Real-estate has it's own language. Realtors are immersed in the industry and are very familiar with the language. 7.) Realtors have done it before. Most people buy just a few homes in their lifetime and usually with a few years between each purchase. Laws and regulations are constantly changing. Realtors handle hundreds of real-estate transactions over their course of their career. Having an expert on your side is critical. 8.) Buying and selling is emotional. A home symbolizes family, rest, and security. Because of this, home buying and selling cna be an emotional undertaking. For most people, a home is the biggest purchase they will ever make. Having a concerned and objective 3rd party helps you stay focused on both the financial and emotional issues important to you. 9.) Ethical treatment. Every member of the National Association of Realtors makes a committment to adhere to a strict Code of Ethic, which is based on professionalism and protection to the public. As a customer of a realtor, you can expect honest and ethical treatment in all transaction-related matters. It is mandatory for realtors to take the Code of Ethics orientation and they are required to complete a refresher course every 4 years. |