Why choose a Realtor® when selling or buying a property?
Published On: February 3, 2011 Posted by: TownsRealty
A Realtor ® is a real estate professional who is a member of the National Association of Realtors® and subscribes to its strict Code of Ethics.
If you are looking to buy or sell a property you should strongly consider working with a Realtor®.
You’ll have knowledgeable agent to guide you through the process and help you get the best deal. Buying or selling a home involves a lot of things such as: writing an offer that is beneficial to you, disclosure forms, inspections, communication with the title company and your mortgage broker, insurance policies and much more. A knowledgeable Realtor® will help avoid delays or costly mistakes.
You’ll get vital information. When you move to another city or area you will need local community information on utilities, zoning, schools and also questions: Will the property provide what I want for a home or investment or/and will the property have resale value when I am ready to sell? An experienced and knowledgeable agent will be able to provide you with that information.
You’ll be able to find the best property available. Sometimes the property you are looking for is available but not actively advertised in the market. A Realtor can find all the available properties on the market.
You’ll benefit from the agent’s negotiating skills/experience. In a real estate transaction there are many negotiating factors such as: price, financing, terms, date of possession, repairs, furnishings, etc. Also, the purchase contract should provide a period of time for you to complete appropriate inspections of the property before you go ahead and complete the purchase. Your agent can advise you as to which inspections are recommended or required.
The power of marketing a property. Homes do not sell only due to advertising. A large portion of real estate sales comes as the result of an agent contacts through previous clients, referrals, friends and family.
Real estate has its own terms/language. If you don’t know a PUD from a CMA, you can understand why it’s important to work with a professional who is working in the industry and knows the real estate language.
Been there, done that. Most people purchase or sell only a few homes in their lifetime. And even if you’ve done it before, laws and regulations change. REALTORS® are handling hundreds of real estate transactions over the course of their career and are continuing their education all the time to keep up with the changes that occur. Having an expert on your side is critical.
Buying and selling is emotional. An Orlando home symbolizes family and security. Because of this, home buying and selling can be an emotional undertaking. For most people, a home is the biggest purchase they’ll ever make. Having a concerned, but objective, third party that helps you stay focused on both the emotional and financial issues is most important to you.