Whether buying or selling your home, it’s likely one of the largest financial transactions you’ll make in your lifetime. While it is possible to do it yourself, a REALTOR® will use their connections and expertise to protect your financial interests. Take the guesswork and legwork out of buying or selling your home by hiring a REALTOR®.
After learning some basic information about your finances, your REALTOR® can refer you to mortgage lenders who are uniquely qualified for your situation, saving you time and money.
Access Hard-to-Find Property InformationYour REALTOR® has access to the latest resources and up-to-the-minute information about listings in your area, giving you a competitive advantage whether buying or selling. With all of the details available, you’ll feel confident in your investment’s ability to serve your needs now and in the future, should you wish to sell.
Negotiate with ConfidenceThere are many factors in a real estate negotiation including price, financing, terms, date of possession, inclusion or exclusion of repairs, furnishings or equipment, and more. Your REALTOR® will develop a purchase agreement that ensures you the proper time for completion of optional and required inspections and investigations before your purchase agreement is binding.
Ensure Due DiligenceYour REALTOR® provides due diligence during the evaluation of the property. Depending on the area and property, this could include inspections for termites, dry rot, asbestos, faulty structure, roof condition, septic tank and well tests, and more. Your REALTOR® can show you a preliminary report on the title of the property, assist you in finding qualified professionals for any inspections, and provide you with written reports. Your REALTOR®, the title company, or attorney can help you resolve issues that may cause problems in the future.
Simplify the Closing ProcessClosing a real estate transaction can be confusing for those who are not trained real estate professionals. With so many forms and signatures required, your REALTOR® will coordinate and guide you through the process, ensuring everything goes smoothly.
Know Your CompetitionWhen selling, it’s helpful to know what comparable properties you’re up against. Your home’s listing price, financing options, and terms of sale are key factors for potential buyers, that may give your home an edge over the competition.
Market to the Right Audience at the Right TimeAs an expert in the local real estate market, your REALTOR® has access to a network of other REALTORS® and potential buyers to which he/she can promote the unique features of your home. Studies show that 82% of real estate sales are the result of contacts through previous clients, referrals, friends, family, and other contacts. You can rest assured that your home is being promoted to pre-screened prospects and prior contacts, meaning fewer strangers or unqualified buyers entering your home than if you were trying to sell by owner.
Evaluate Offers and Close a Sale Without the HeadacheYour REALTOR® will help you objectively evaluate every buyer's proposal without compromising your marketing position. This initial agreement is only the beginning of a process of appraisals, inspections, and financing with the potential for a lot of pitfalls. Your REALTOR® will help you write a legally binding, win-win agreement that can sail you through from offer to closing and help answer all of the questions you have regarding the process.
Only a licensed real estate professional who is a member of the National Association of REALTORS® (NAR) may identify themselves as a REALTOR®. This important distinction means that REALTORS® are properly trained and conduct their business in accordance with a strict Code of Ethics–both of which greatly benefit you as a consumer.