Sunday, December 12, 2010

Do you need a Realtor to help sell your Real Estate?

A real estate professional can assist you fully understand everything you will need to understand concerning the home selling progression.

Not all real estate licensees have proven to be the same ; only individuals that are members of the NATIONAL ASSOCIATION OF REALTORS® (NAR) are appropriately called REALTORS®. They proudly exhibit the REALTOR "®" trademark on their business cards and other marketing and sales materials.

REALTORS® are committed to treat all parties to a contract honestly. REALTORS® subscribe to a strict Code of Ethics and are required to sustain a greater degree of knowledge of the process of buying and selling real estate. An independent survey reported that 84% of home buyers would use the same REALTOR® again.

Real estate transactions tend to be one of the largest financial transactions of the majority of people’s lifetime. Transactions these days usually surpass $250,000. If you had a $250,000 income tax problem, would you make an effort to manage with it without the assistance of a accredited professional accountant? If you had a $250,000 legal issue, would you deal with it without the guidance of an attorney? Looking at the small upside charge and the significant downside risk, it would be smart to work with a professional REALTOR® when you are selling a home.

If you are even now not sure of the benefit of a REALTOR®, here are additional reasons to use one:

When promoting your home, your REALTOR® can offer you up-to-date details on what is happening in the current market as well as the value, financing, conditions and state of competing properties. These are key factors in getting your home sold at the very best price, quickly and with minimal hassle.

Often, your REALTOR® can advise repairs or cosmetic work that will noticeably improve the salability of your house .

Your REALTOR® markets your real estate to other real estate agents and the public. In quite a few areas across the country, over half of real estate sales are cooperative sales; that is, a real estate realtor other than yours brings in the buyer.

Your REALTOR® operates as the marketing manager, circulating data regarding your property to other real estate brokers through a Multiple Listing Service (MLS) or other cooperative marketing networks, open houses for real estate agents, etc. The REALTOR® Code of Ethics demands REALTORS® to make use of these cooperative relationships when they benefit their clients.

Your REALTOR® will know when, where and how to promote your property. There is a misconception that advertising sells real estate. NAR studies exhibit that 82% of real estate sales are the end result of realtor contacts through previous clients, referrals, friends, family and personal contacts. When a property is promoted with the support of your REALTOR®, you do not have to let strangers into your house. Your REALTOR® will generally prescreen and go along with qualified prospects through your house.

Your REALTOR® can help you fairly evaluate every buyer's proposal without compromising your marketing position. This original agreement is only the starting point of a process of appraisals, inspections and financing - and a lot of possible pitfalls. Your REALTOR® can help you compose a legally binding, win-win contract that will be more likely to make it through the process.

Your REALTOR® can help close the sale of your real estate. Issues may occur between the initial sales agreement and closing (also called settlement or escrow), for example, unanticipated repairs might be required to acquire loans or a title issue is identified. The required documents alone is complicated for a good number of sellers. Your REALTOR® is the best person to objectively aid you deal with these difficulties and proceed the contract to closing.

4 comments:

  1. How is this different from the Multiple Listing Service? I used to subscribe to that until about 2007 when all of a sudden they were struck by some laws and made them gone without much fan fare. Thanks in advance for your reply. mortgage loan lead

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