4 Reasons to Use a Realtor
So you’re ready to buy or sell a home. There are dozens of reasons to hire a professional to be on your side; one of the biggest decisions of your life shouldn’t be a do-it-yourself project. Here are some things to consider:
No. 1 — Understanding the Market
Whether you’re a buyer or seller it’s nearly impossible to understand true market value and local real estate trends without the benefits of training, experience and resources a professional Realtor can provide. Realtors have access to true market data only accurate local market comps can provide, powerful tools that will ensure you’re getting the best value for your sale or purchase. Many homeowners make the mistake of taking what the internet reports in blind faith, and subsequently lose their deal because of misinformed, out-of-date, or purely inaccurate market data.
No. 2 — Navigating the Purchase Offer
Don’t make the mistake of attempting to negotiate a purchase offer yourself, especially in a competitive market and especially if the other side is being represented by a real estate agent. You can be assured you’ll be on the losing end of the deal. Realtors are trained extensively in negotiation and getting the best deal for their client. There are over 40 areas of the Utah state REPC that are negotiating points. If you’re a novice in the process you’ll be sure to overlook areas where your Realtor can and will save you money, time and energy.
No. 3 — Time Saved is Money Earned
There are dozens of items in the buying or selling process that are extremely time consuming-from marketing your property properly if you’re a seller to time spent on the phone with lenders, appraisers and inspectors, as well as dealing with the other side of the transaction. Buyers need to understand that the typical commission that will be paid to their representing Buyer’s Agent is already built in to the Seller’s listing agreement, and it’s money that will be well spent on the time they save not having to navigate the process on their own.
No. 4 — Financing
One of the hardest and difficult areas of a real estate transaction is understanding financing, whether you’re a buyer or seller. A professional Realtor will help you understand the options being presented, will work with your mortgage broker or lender to find the best solution for your situation and will be able to advise you on financing pitfalls that may occur with an offer, ultimately helping you negotiate the best transaction possible for your needs. Any way you slice it, hiring professional help for one of the most important decisions of your life will save you time, money and heartache along the way.
Whether you’re buying or selling or just want a customized market synopsis on values broken out by neighborhood please contact the Dream Team for a no-pressure inquiry!
