Do I need a Realtor?
Why do I need a REALTOR?
In today’s world of new technology home buyers and sellers alike are beginning to wonder, do I really need a REALTOR? The answer is simple….Yes! There are many things that technology doesn’t cover when buying and selling a home. We will cover a few of them below.
- Paperwork, Paperwork, Paperwork – The first and most important reason is that REALTORS know the ins and outs of not only contract negotiation but also federal and state mandated forms and disclosures. Today’s sales contracts can run upwards of 10-15 pages and often include a lot of loop holes and “legal speak” that when mishandled could cost a buyer or seller thousands of dollars.
- Networking – REALTORS have a base of both buyers and sellers and have the network to get your home noticed. A for sale by owner home may be featured on sites like Zillow, Trulia, and Google. Our listings are showcased using professional photography and featured on upwards of 725 websites, print marketing, social media, and two MLS services. This means that your home could be seen by local, national, and international buyers. When purchasing a home, REALTORS can offer you the inside track on available inventory right when it becomes available. Nothing is more frustrating than finding a home on a public search site only to find out it’s under contract before you’ve even had a chance to look at it.
- Knowledge – An experienced REALTOR can save you thousands of dollars in “oversights”. These things include incorrectly done home flips resulting in expensive repairs, paying over market value, lost opportunities, and getting the most money for your home. They also have knowledge of area comps information, historical data for the home, area and school information, mortgage options, and will guide you through the entire home buying process.
- Time – Buying and/or selling real estate takes lots of time. Scheduling appointments, marketing, research, staging homes, repairs, “looky-lous” (Non-qualified buyers), no shows, offers, contracts, and loan processes all take time. Our full time job is real estate. We have a network of people and businesses that help us get the job done and let you get back to doing what is important in your life.
- Money – According to the National Association of Realtors 88% of buyers and sellers used a professional REALTOR in 2013. That number is up from 69% in 2001. The study also showed that on average the typical for sale by owner home sold for $184,000 compared to $230,000 for homes sold by a REALTOR. What this means is that not only does using REALTOR mean you could see more money in your pocket but it also shows that the person you are buying from or selling to, will probably have the benefit of professional guidance. Don’t you owe it to yourself to have the same?