The sale or purchase of a home is one of the largest transactions to be made through your life time. Sometimes we are either too scared to begin the process and continue on with our rental agreements or we don’t see the trust or benefit in allowing a third party to assist with this important decision.
I’m not creating this Tip of the Week to get you to work with a realtor today but rather to inform you for future knowledge how an agent can make this “scary” process something so simple.
Knowledge of the Market
To start an agent is someone that is well versed in today’s Market Conditions. That being they simply and effectively can explain today’s real estate headlines and break them down to a much clearer understanding of what to expect and what they mean to you.
With hours of studies in the beginning career of an agent you’d assume just as a Doctor receives his PHD that that is where the education ends. WRONG!, (hopefully for both professions) but for the case of a realtor, continuous education courses are not mandatory but essential for one to maintain credible within their profession. Realtors are well educated in and experienced with the entire sales process from loan processing to the closing table.
Negotiations are a difficult skill to just be born with. Which is why agent’s use their resources to build their knowledge on the how’s of negotiation and act as a buffer between your decisions and the parties involved. Working with a realtor allows for you to not stress how to respond to an offer or counter offer that you may not agree with and can better verbalize a response with market related facts to meet respectful grounds.
With the above attributes of a realtor an agent can very much so guide you to the right price point whether you’re selling your home or purchasing a new home. The market shifts without the Facebook status post of “what’s happening?” and it’s your agents job to know where it sits today in order to save you or get you the money you deserve.
Last but not least let us discuss the paperwork involved with the selling or purchasing of a new home. Delicate information requires huge regulation, Which is the responsibility of the realtor. There are many papers/files involved when getting started and documents such as disclosures, reports, and the required forms for sale or purchase will be required and needed for the entire process. Realtors thrive off of their organizational skill sets and the right realtor will be able to openly share how they plan to maintain communication and documentation.
When you come to the point or have friends/family that may be at this point don’t let the horror stories of other experiences steer you completely from the assistants of a licensed realtor. Testimonials are a great resource for your research on credible realtors within your area. Take a look at some of ours here!
I hope you gained some knowledge from today’s tip, help me out by submitting ideas for my next tip of the week at my email firstname.lastname@example.org Cheers!