
| 22 Good reasons why you should use a REALTORŪ
to buy a home (Click here for printable page)
- The number one reason, of course, is the Multiple
Listing Service. The majority of homes for sale
are listed through the MLS, and you must be represented
by a realtor to purchase any of these homes. There are plenty
of other excellent reasons why you will want to take advantage
of the services provided by REALTORŪ.
- My Property Search Programs
provide you with the most up to date information on a daily
basis, giving you the jump on other buyers. See Daily
Buyer Search for more details.
- A REALTORŪ can draw on their years of experience and ongoing
immersion in the market to tell you which homes have true
value, which are over-priced, or which will have hidden
costs in the long run. A REALTORŪ can also provide invaluable
insight into the potential for return on investment.
- A REALTORŪ must adhere to a rigorous code of ethics. A
direct buyer or seller is not so constrained. Buyers and
sellers both want the protection a REALTORŪ can offer.
- Much of a real estate company's business comes from corporate
or personal referrals. This market is unavailable to private
buyers.
- REALTORSŪ often have a number of contacts in the community
who are interested in selling to the right buyer, but don't
actually have their house for sale at the moment. I have
access to these homes, as well as similar homes through
other REALTORŪ contacts.
- Seeing homes becomes much less of a headache. No more
driving around, only to find out that the owner is not home
when you arrive to look at it.
- Private showings eliminate the possibility of a personality
conflict between seller and buyer.
- Demonstrating property is an art. Not everyone enjoys
poking through other people's closets. It's the REALTOR'SŪ
job to recognize and demonstrate the home's strong points
and its features.
- A REALTORŪ can select the best route to a showing and
point out comparable properties for sale or sold recently,
so you will have more of a feel for the properties you are
looking at.
- Virtually every buyer has objections, which REALTORSŪ
are trained to handle. A private seller is more emotionally
involved, and may be less equipped to address these concerns.
- Private sales attract bargain hunters. Any time a seller
doesn't sell through a store or through a salesperson he
expects to get more by paying no commission. This is true
for non-represented buyers, too. Why should someone do all
the work a sales representative would normally do and still
pay the full price? For example, if the seller is trying
to save about 6% commission and the buyer is trying to save 6%, now they are 12% apart.
- Real estate professionals are trained to follow-up and
negotiate with sellers. Such follow-up is normally expected
and does not have a detrimental effect on a buyer's bargaining
position, while a private buyer doing follow-up can seem
desperate.
- In real estate, the offers are in writing and irrevocable.
Private buyers and sellers often give verbal agreements
and then revoke them.
- REALTORSŪ are trained to negotiate better than a buyer
can on his own behalf.
- REALTORSŪ have home inspector contacts, and lots of experience
in the industry. I can offer you advice in selecting a home
inspector, or can book an inspection for you. I can often
get last minute inspections, where as a customer off the
street might not.
- A REALTORŪ is aware of many different ways to finance
a purchase and often have reliable financing contacts, while
a private buyer is on his own in finding suitable financing.
- A REALTORŪ can help eliminate red tape and keep legal
costs to a minimum. If you are not using a REALTORŪ to draw
up your contracts and collect other legal documents, a lawyer
will have to do it for you, and they will charge you accordingly.
- REALTORSŪ stay involved with the deal until the transaction
is closed.
- A buyer can remain secure in the thought that although
a seller may leave town, the agent will be there to help
out should a problem arise after closing.
- From a buyer's perspective, a licensed real estate representative
is more credible than an owner, who will not likely be around
after the sale.
- Something to consider - selling your own property is a
hassle for which most people are ill-prepared. Most real
estate commissions are cheaper than most law suits.
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