THINKING OF BUYING OR SELLING?
REASONS WHY
CHOOSING A REALTOR
MAKES ALL THE DIFFERENCE
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More than 2 million people in the United States have earned real estate licenses.
However, real estate is a tough business with a steep dropout rate, and the
result is that only a small percentage of those with licenses
actively help buyers and sellers.
The National Association of REALTORS (NAR) includes 1 million brokers
and salespeople, individuals bound together with a strong Code of Ethics,
extensive training opportunities and a wealth of community information.
NAR members are routinely active in PTAs, local government committees
and a variety of neighborhood organizations.
Being actively involved in community affairs provides REALTORS
with a better understanding of the area in which they are selling.
[WHY USE A REALTOR]
Buying and selling real estate is a complex matter.
Buying and selling real estate is a complex matter.
At first it might seem that by checking local picture books or
online sites you could quickly find the right home at the right price.
But a basic rule in real estate is that all properties are unique.
No two properties -- even two identical models on the same street --
are precisely and exactly alike. Homes differ and so do contract terms,
financing options, inspection requirements and closing costs.
Also, no two transactions are alike.
In this maze of forms, financing, inspections, marketing, pricing and
negotiating, it makes sense to work with professionals
who know the community and much more.
Those professionals are the local REALTORS who serve your area.
[HOW TO CHOOSE]
In every community you're likely to find a number of realty brokerages.
In every community you're likely to find a number of realty brokerages.
Because there is heated competition, local REALTORS
must fight hard to succeed in your community.
The best place to find a local REALTOR is from REALTOR.com's extensive
listing of community professionals and properties. Other sources include
open houses, local advertising, Web sites, referrals from other REALTORS,
recommendations from neighbors and
suggestions from lenders, attorneys, financial planners and CPAs.
The experiences and recommendations of past clients can be invaluable.
In many cases buyers will interview several REALTORS before selecting
one professional with whom to work. These interviews represent a good
opportunity to consider such issues as training, experience, representation
and professional certifications.
[WHAT TO EXPECT]
Once you select a REALTOR you will want to establish a proper business relationship.
Once you select a REALTOR you will want to establish a proper business relationship.
You likely know that some REALTORS represent sellers while others represent buyers.
Each REALTOR will explain the options available, describe how he or she typically
works with individuals and provide you with complete agency disclosures
(the ins and outs of your relationship with the agent) as required in your state.
Once hired for the job, the REALTOR will provide you with information
detailing current market conditions, financing options and negotiating issues
that might apply to a given situation. Remember: Because market conditions
can change and the strategies that apply in one negotiation may be inappropriate
in another, this information should not be set in stone.
During your time in the marketplace REALTORS will
keep you updated and alert you to each step in the transaction process.
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