Thursday, February 21, 2013

What You Should Know About Working With A REALTOR






As a REALTOR, I think buyers and sellers should always seek the services of a real estate professional when looking to buy or sell property. But my opinion is definitely biased!  Yes, selling real estate is my job, but honestly, money is not the only reason I do it. In fact, and I know you won't believe me, but as I progress through the purchase or sales transaction and I get to know my clients, their dreams become my dreams, and the commission check I get at closing is almost an afterthought!  Told you you wouldn't believe me...but it is true!
  • A real estate professional can help sellers increase their bottom line by knowing the market and what similar homes have recently sold for. Pricing your home correctly from the onset is very important and your agent can help you determine what the value of your home is.
  • Agents have many tools available to them to advertise your property and get buyer attention. Close to 90% of buyers start their search on the internet and agents have access to websites, the Multiple Listing Service (MLS), and resources that syndicate listings to all major real estate websites basically all over the world.
  • Real estate is our job and agents work at selling your home or property every day.
  • Perhaps you're tempted to sell your home on your own because you think you will get more money, Before you put that "FSBO" sign in your yard, be aware that it can indicate to buyers that you would be willing to take a lower price. In addition, strangers will be ringing your bell to see your home who may not really be interest in purchasing or who are not qualified to get a mortgage. Agents know how to screen perspective buyers, have the contacts to get them qualified for a mortgage, and know how to negotiate price and other important aspects of a contract.
  • Buyers should choose a REALTOR they want to represent them with care, but once you find one you are comfortable with, you should sign a buyer's agreement. A buyer's agency agreement is a commitment that goes both ways. It not only commits the agent to you, but also shows the agent that you are also comitted to him or her and that you have confidence in how they will represent you. Once they know know that, they will work tirelessly for you.
  • When you find a home, an agent can provide market information and insight to help you determine what kind of offer to make. They will not tell you what you should pay - that is up to you, but they can tell you why a seller may or may not take less and provide the tools so you can make an informed decision.
In conclusion, once you have found a good agent, stick with them and let them do their job. The rewards will be great.  

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