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How a Realtor® can Save you Time and Money when Buying a Property
Who Does a Realtor® Work For?
- A Realtor® works for Buyers & Sellers and represents their best interest.
- Buyers can expect competent service.
- Realtors® are bound by a strictly enforced Code of Ethics and Standards of Business Practice.
A Realtor® is Continually Trained
- All Realtors® take continuing education courses to make sure their knowledge on legal issues, technology, current market trends and much more is up to date.
Realtors® are Insured
- Realtors® maintain Errors & Omission Insurance.
Multiple Listing Service®
- The MLS® is the single most powerful tool for buying & selling a home. Your Realtor® will give you access to exclusive features on the MLS® system that the public is not privy to.
Narrowing Down your Home Choices
- Realtors® have the resources to investigate available properties both new and resale.
- Realtors® provide objective information about each property, neighbourhood, community and other issues.
Negotiating Skills
- Negotiating is one of a Realtor's® areas of expertise and they can help clients in negotiating factors such as price, financing, terms, date of possession & repairs.
Financing
- Realtors® can give you the tools to determine how much home you can afford & investigate different financing options.
Inspection
- Realtors® can help in negotiating enough time in the Agreement of Purchase and Sale to complete inspections & investigations.
- Realtors® can advise which inspections are required or recommended.
Closing
- Every area has its own unique closing or settlement customs. A Realtor® can advise you on the process.
FOR SALE BY OWNER
You may have thought about selling your home without a Realtor® in order to avoid paying a Realtor's® commission
Important Facts to Consider Before you try to Sell your own Home
- You are limiting your exposure to potential Buyers, which means your home will take longer to sell.
- The longer a home is on the market, the lower the selling price because most Buyers think that if the home has not sold, there must be something wrong with it.
- Selling means exposure. You need the maximum exposure possible to generate the highest price possible.
- Most Buyers find it extremely awkward to negotiate or even talk directly with the Seller and therefore avoid "For Sale By Owner" properties.
- Lack of negotiating experience and lack of pertinent information often will result in a lower selling price or a bungled contract.
- The majority of qualified Buyers are working with Real Estate Professionals.
- Handling your own sale means you will have to place advertisements, answer calls & show your home to strangers at all hours.
- Buyers know you are saving on a Realtor's® commission, so they may offer you less for your home.
- Serious Buyers depend on Real Estate Professionals. 98.3% of homes for sale are listed by Realtors®. 70% of homes sold are sold through Realtor® to Realtor® communication.
- Using the right professional Realtor® will make your home sale a better experience and a more profitable one.
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