5 Reasons Why you Need a Realtor
With all of today’s user friendly real estate market technology, you may be asking yourself the question, “Why do I need a Realtor?”
Well, this is likely the biggest financial decision of your entire life, and you need a Realtor if you want to do it right.
1.The paperwork. It’s not just a deed and bill of sale. There’s inspection reports and loan documents. And what if there’s a property lein or easement? The paperwork is outstanding to say the least.
2. Access to a greater range of homes & to pocket listings. Not every house for sale is on the market yet. And some don’t even ever make it to your Trulia or Zillow App. There could be a foreclosure or quick sale out there that you won’t ever know about unless you’re working with a realtor.
3. The realtor’s network. They know people. Mortgage brokers, real estate attorneys, home inspectors, home stagers, interior designers… this network is at your disposal. And believe me, you’ll utilize it.
4. Knowledge, it’s their job! They spend their own money on marketing your home (if you’re selling). They’re researching comps to make sure you’re getting the best deal. They know the area, the market trends, what add values and what doesn’t. A lot of times I’ll be with a client and they’ll say oh well we can just extend this fence here, but they might be unaware of the areas local restrictions, the permits, or even the cost of such a venture!
5. And lastly, if you’re a buyer and you go into a sale without a realtor then the sellers realtor will just take you as a client and double end the deal. That means double commission for them, but not necessarily double the commitment. Now you have someone representing you who you have never built a rapport with and he or she will be representing both sides, so might not be as aggressive in fighting for certain negotiations and deals on your behalf. At the end of the day, you want a realtor you’ve built a relationship with who will fight to save you time, stress, and – most importantly – money.
PS. Did I mention that the buyer doesn’t pay for realtor costs at all?! The commissions are paid for by the seller!