Buying a home is a process- it's not as simple as finding a house online then submitting an offer. There are steps to take to make sure the sale goes through- quickly and efficiently.
Two very important people help make your home buying experience as successful as it can be- your Realtor and Mortgage Professional.
Hiring each of these professional early on in your decision to buy is essential.
Here are 8 reasons why hiring a Realtor is a smart decision:
1. You’ll have
an expert to guide you through the process.
Buying or selling a home usually requires disclosure forms, inspection reports,
mortgage documents, insurance policies, deeds, and multi-page settlement
statements. A knowledgeable expert will help you prepare the best deal, and
avoid delays or costly mistakes.
2. Get
objective information and opinions.
REALTORS® can provide local community information on utilities, zoning,
schools, and more. They’ll also be able to provide objective information about
each property. A professional will be able to help you answer these two
important questions: 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?
3. Find the
best property out there. Sometimes the
property you are seeking is available but not actively advertised in the
market, and it will take some investigation by your REALTOR® to find all
available properties.
4. Benefit
from their negotiating experience. 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 agent can advise
you as to which investigations and inspections are recommended or required.
5. Property marketing power. 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. Real estate
has its own language. 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. REALTORS®
have done it before. Most people
buy and sell only a few homes in a lifetime, usually with quite a few years in
between each purchase. And even if you’ve 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. Buying and
selling is emotional. A home often
symbolizes family, rest, and security — it’s not just four walls and a roof.
Because of this, home buying and selling can be an emotional undertaking. And
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.
9. Ethical
treatment. Every member of the
NATIONAL ASSOCIATION of REALTORS® makes a commitment to adhere to a strict Code
of Ethics, which is based on professionalism and protection of the public. As a
customer of a REALTOR®, you can expect honest and ethical treatment in all
transaction-related matters. It is mandatory for REALTORS® to take the Code of
Ethics orientation and they are also required to complete a refresher course
every four years.
I'll continue to blog about the process and the necessary steps. In the meantime, if you have any specific questions please reach out to me directly- kskneeland@gmail.com
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