| back to resources Why
Use a REALTOR®?
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.
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.
BUYING: THE VALUE OF WORKING WITH A
REALTOR®
(10 Common errors to avoid when buying)
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.
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 the you and the seller.
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.
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.
SELLING: THE VALUE OF WORKING WITH A
REALTOR®
(10 Common errors to avoid when selling)
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.
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.
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.
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.
back to
resources |