Why Use A REALTOR®: When Buying or Selling a Home
Why Use A REALTOR®: When Buying or Selling a Home
Real estate transactions are one of the biggest financial investments most people encounter in their lifetime. Seeing the small upside cost and the large downside risk, it would be unwise to consider a deal in real estate without the professional assistance of a REALTOR®.
Whether buying or selling, you’re involved in a complex process requiring many professionals. One of these professionals is a REALTOR®, who’s responsible for making the transaction as efficient and as easy as possible for you. Your REALTOR® will ensure the transaction is completed competently and professionally. You can get advice from someone with an in-depth knowledge of the local housing market. And you can count on the help of a professional who has committed to serve you with integrity and competence.
REALTORS® pledge to a strict code of ethics and are expected to maintain a high level of expertise of the process of buying and selling real estate. Based on an independent survey report, 84% of home buyers would use the same REALTOR® again.
If you’re still not convinced of the value of a REALTOR®, here are more many more reasons to use one:
PEACE OF MIND WHEN WORKING WITH A PROFESSIONAL
Your REALTOR® subscribes to a strict code of ethics, are committed to ongoing education and professionalism, and are insured. They have up-to-date information and knowledge of sales and trends in the local marketplace. And will guide you through the process to make sure everything flows smoothly.
INFORMATION ON NEW LISTINGS FIRST
REALTORS® have many resources to assist you with your home search. They not only have access to a multiple listing service, REALTORS® will know of properties that are not advertised on the market and are also invited to exclusive "agent only" open houses providing them with the information as to what's on the market before anyone else.
MARKETING YOUR PROPERTY!
Your REALTOR® will market your property to other real estate agents and to the public. They will share information about your property to their network of other agents, previous clients, referrals, friends, family and personal contacts - acting as the marketing coordinator. Getting the word out that your home is for sale is so important to getting your home sold. More than 50% of real estate sales are collaborative sales; meaning a different real estate agent other than yours will bring the buyer to the deal.
KNOWS THE COMPETITION
When selling your home, your REALTOR® can provide you with up-to-date information on the marketplace in regards to price, financing, features, competiting properties and terms. With their experience in managing hundreds of transactions these are key factors in getting your property sold at the best price possible, quickly and with the least possible inconvenience.
FINDING THE RIGHT PROPERTY THAT MEETS YOUR NEEDS
Your REALTOR® can assist you in the selection process by providing objective information about each property, source locations and homes that meet your specific needs. REALTORS® have access to many different resources, including communitiy information such as where schools, hospitals and amenities are located, and can advise on neighborhood zoning, etc.
EVALUATION OF THE PROPERTY
REALTORS® provide due diligence during the evaulation of the property. Inspections should be conducted on potential purchases including faulty structure, roof conditions, electrical, and asbestos, to name a few. Your REALTOR® will assist you in finding the qualified professional to provide these investigations and inspections that will provide you with written reports. They will also provide important information such as the title and sales history of the property. If issues are contained in the title report, a REALTOR® can assist you to resolve them before any issues arise.
SECURING THE BEST PRICE THROUGH NEGOTIATION
REALTORS® are experienced negotiators, and this experience can mean thousands of dollars in your pocket. There are a number of negotiating factors to consider, including but not limited to: getting you the best price, financing, date of possession, terms and inclusion or exclusion of repairs, furnishings or equipment. With the expertise and help of a REALTOR® you will have peace of mind.
BEST INFORMATION FOR YOUR FINANCING OPTIONS
A REALTOR® will help you understand the different financing options available to you and refer you to a qualified lender or mortgage professional/broker.
KNOWLEDGE OF GOVERMENT PROGRAMS
Your REALTOR® will know what the current incentives and rebates are for buyers: Government programs for land transfer taxes, home buyer's tax credits and buyer's plans for first-time homeowners that can help save you thousands of dollars.
WORK WITH THE BEST SERVICE PROVIDERS
Finding professionals to work with for your real estate lawyer, property inspector, tradesmen, movers and other service providers can be time consuming. Your REALTOR® has a list of professionals that they will recommend, saving you time and uncertainty.
At Tost Realty Group we are happy to answer any questions you may have. Whether you are buying or selling, are first time home owners, or relocating we are here to help!