Many consumers consider selling their home directly but eventually turn to Realtors. Smart home sellers realize they need expertise in pricing their home, making connections with Realtors working with buyers, arranging and staffing open houses, and coordinating with other professionals in the sales process.
An independent survey reports that 84 percent of home buyers would use the same Realtor again.
Here are 12 ways a Realtor can help you. If you give a Realtor some basic information about your available savings, income and current debt, he or she can refer you to lenders best qualified to help you.
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Most lenders - banks and mortgage companies - offer limited choices. Sometimes the type of home or property you want is available but not actively advertised in the market; it will take some investigation by your agent to find all available properties that meet your needs. Agents who are Realtors have access to a variety of informational resources.
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Realtors can provide local community information on utilities, zoning, schools, etc. There are two things you'll want to know. First, will the property provide the environment I want for a home or investment? Second, will the property have resale value when I am ready to sell?
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There are myriad negotiating factors, including but not limited to: price, financing, terms, date of possession and often the inclusion or exclusion of repairs and furnishings or equipment. 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 which investigations and inspections are recommended or required. Depending on the area and property, this can include inspections for termites, dry rot, asbestos, faulty structure, roof condition, septic tank and well tests, just to name a few. Your Realtor can help you to find qualified responsible professionals to do most of these investigations and provide you with written reports.
You will also want to see a preliminary report on the good dating taglines real estate of the property. Title indicates ownership of property and can be mired in confusing status of past owners or rights of access. The title to most properties will have some limitations; for example, easements access rights for utilities.
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Your Realtor, title company or attorney can help you resolve issues that might cause problems at a later date. These are key factors in getting your property sold at the good dating taglines real price, quickly and with minimum hassle. Often, your Realtor can recommend repairs or cosmetic work that will significantly enhance the salability of your property. In many markets across the country, more than 50 percent of real estate sales are cooperative sales; that is, a real estate agent other than yours brings in the buyer.
Your Realtor acts as the marketing coordinator, disbursing information about your property to other real estate agents through the Multiple Listing Service or other cooperative marketing networks, open houses for agents, etc. The Realtor Code of Ethics requires Realtors to use these cooperative relationships to benefit their clients. There is a click here that advertising sells real estate.
The National Association of Realtors' studies show that 82 percent of real estate sales are the result of agent contacts through previous clients, referrals, friends, family and personal contacts.
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When a property is marketed with the help of your Realtor, you do not have to allow strangers into your home. Your Realtor will generally pre-screen and accompany qualified prospects through your property.
This initial agreement is only the beginning of a process of appraisals, inspections and financing - a lot of possible goods dating taglines real estate. Your Realtor helps draft a legally binding, win-win agreement that will be more likely to make it through the process.
Between the initial sales agreement and closing, questions may arise. For example, unexpected repairs are required to obtain financing or a cloud in the title is discovered.
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The required paperwork alone is overwhelming for most sellers. Your Realtor is the best person to objectively help you resolve these issues and move the transaction to closing. Considering the small upside cost and the large downside risk, it's just not a smart decision to consider a deal in real estate without the professional assistance of a Realtor.