8 Reasons Why You Should Work with a REALTOR
Wednesday, 23 October 2019
Not all real estate practitioners are REALTORS®.  The term REALTOR® is a registered trademark that identifies a real estate professional who is a member of the NATIONAL ASSOCIATION of REALTORS® and subscribes to its strict Code of Ethics.  Here are eight reasons why you should work with a REALTOR®. 

1.  A REALTOR® can help you navigate a complicated process.  Buying or selling a home usually requires disclosure forms, inspection reports, mortgage documents, insurance policies, deeds, and multi-page settlement statements.  A REALTOR® will help you prepare the best deal, and avoid delays or costly mistakes.

2.  A REALTOR® can provide local community information about utilities, zoning, schools, and more.  A REALTOR® will also be able to provide objective information about each property.  A REALTOR® will be able to help you answer two important questions:  Will the property provide the environment I want for a home or investment?  Will the property have resale value when I am ready to sell?

3.  A REALTOR® can help find the best property out there.  Sometimes the property you are seeking is available, but not actively advertised in the market.  It will take some investigation by your REALTOR® to find all available properties.

4.   There are many negotiating factors, including but not limited to price, financing, terms, date of possession, and inclusion or exclusion of repairs, furnishings, or equipment.  In addition, the purchase agreement should provide a period of time for you to complete appropriate inspections and investigations of the property before you are bound to complete the purchase.  Your REALTOR® can advise you as to which investigations and inspections are recommended or required.

5.  Real estate doesn’t sell due to advertising alone.  In fact, a large share of real estate sales comes as the result of a practitioner’s contacts through previous clients, referrals, friends, and family.  When a property is marketed with the help of a REALTOR®, you do not have to allow strangers into your home.  Your REALTOR® will generally prescreen and accompany qualified prospects through your property.

6.  If you don’t know a CMA from a PUD, you can understand why it’s important to work with a professional who is immersed in the industry and knows the real estate language.

7.  Most people buy and sell only a few homes in a lifetime, usually with quite a few years in between each purchase.  Even if you have done it before, laws and regulations change.  REALTORS®, on the other hand, handle hundreds of real estate transactions over the course of their career.  Having an expert on your side is critical.

8.  A home often symbolizes family, rest, and security.  Because of this, homebuying and selling can be an emotional undertaking.  For most people, a home is the biggest purchase they’ll ever make. Having a concerned, but objective, third party helps you stay focused on both the emotional and financial issues most important to you.

Reprinted courtesy of the NATIONAL ASSOCIATION OF REALTORS®.