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"Why Do I Need a Realtor®?"

Reblogger Carla Muss-Jacobs, RETIRED
Industry Observer with RETIRED / State License is Inactive Inactive License Oregon

When buyers . . . especially buyers . . . think that they don't need to have represention, it's like nails on a chalk board to my ears!

Since buyers often think the Listing Agent is who they should turn to when contemplating a house For Sale, they couldn't be doing themselves any more of a disservice.  

I'm currently working with a fantastic couple who are buying their first home.  Guess what?  They are leaving it up to me . . . to do my job!  They are now enjoying the ride!  They both work full time, and I'm finding them far more viable options then they could on their own!

My clients don't need to ask "Why do I need a Realtor?" -- THEY KNOW WHY!!  

Original content by Debe Maxwell, CRS 228209

"Why Do I Need a Realtor®?


Avoid INACCURATE online data when searching for a Charlotte home for saleI’m sure most busy agents get this question often.  When connecting with online buyers who request a showing of one of ‘my’ listings (which are rarely ever actually MY listings), I find that many buyers feel the need to go through this process alone.  Many buyers think that they are going to save money if they don’t hire a buyers agent.  That couldn’t be farther from the truth!


Many buyers also feel that they can do all of their own research and often come to me with their valuations that they have obtained from an online source.  They fail to realize that these sources are ill-informed and derive their data from often erroneous tax records and even MLS data sheets with incorrect data.  Reading the fine print, you will see that these online valuations can be 35% wrong in our area - when you're dealing with hundreds of thousands of dollars, a 35% error is catastrophic!  Comparing apples to oranges is NOT the best option when you're spending this much money on an investment.


Don't use online algorithms that compare apples to orangesAny online pricing algorithm does not know if the competing property’s countertops were or granite or laminate, or what lies beneath the new flooring in the subject home; nor can the online algorithm determine if that third bedroom is a true bedroom.  The system also doesn’t know the motivations of the previous owner, situational developments which may have had an adverse affect on the property values of the recent sales or the level of upgrades done to either the subject property or any of the comparable properties sold.


Why consult a real estate agent rather than doing your own research?  Real estate agents spend their entire careers educating themselves about local zoning laws, neighborhoods,  rates of return on investment and assessing the current values of homes that are on the market or are soon to be listed on the market.  A home buyer or seller cannot simply “Google” this information and reach an educated assessment of a property value.  Just as you would leave the surgical evaluation to a surgeon, enlisting the experience of a real estate professional will protect your investment far more than a DIY scenario.


Real estate professionals spend their careers as educators and project managers while working with home buyers and sellers to achieve a successful outcome for each and every one of their clients.  Each and every transaction is different and just as the homeowner who has bought and sold 5+ homes over the years will attest, our business changes on a weekly basis.  There is just no way to have a thorough understanding of the complexity of this business unless one is submersed in it on a daily basis!


As every American knows, time is a valuable commodity in our lives. 
Let the professionals who work in this business and know it inside-out, do the work FOR you!  As real estate professionals, we give our time so that our clients do not need to unnecessarily spend their time on the details; no matter how large or small the detail, we attend to it so you don’t have to. 


Avoid Online Home Valuations - Hire an Expert!Real estate professionals also save home sellers carrying costs, stress and get the job done (and done right) in far less time and data shows, we get home sellers significantly more for their home sale than just the cost of commission. We also provide protection from personal liability - and yes, even with a real estate attorney involved.  I have represented real estate attorneys before - their work in Closing transactions is just not the same as being able to walk a seller through the process as many may think!


The bottom line is, don’t do this alone!  You’d never attempt to remove your own appendix, why would you attempt to buy or sell your largest investment along?

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Debe Maxwell, CRS/Realtor®/Broker
SavvyBroker@me.com
Phone (704) 491-3310

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Carla Muss-Jacobs has RETIRED effective May 1, 2018

Representing Buyers in the Portland Metro Real Estate Market | Clackamas Multnomah and Washington Counties | Since 1999

Carla Muss-Jacobs, REALTOR®, ABR, CEBA, ePro
Principal Broker/Owner ~~ INACTIVE

Carla Muss-Jacobs' retirement became effective May 1, 2018

Direct: 503-810-7192 

 

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Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Great reblog Carla, most smart people know when to find a professional to get the job done right.

Apr 26, 2014 03:52 PM
Maria Gilda Racelis
Home Buyers Realty, LLC-Manchester, Bolton. Vernon,Ellington - Manchester, CT
Home Ownership is w/in Reach. We Make it Happen!

Carla: Great intro and choice of re-blog. I wonder why some think that they can do better without representation. Choosing you as their agent, by the way, is the best decision your client made. Have a fun weekend.

Apr 27, 2014 12:56 AM
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Well said, good choice for a re-blog. I cringe when someone comes to me for a mortgage and there is no Realtor involved in the transaction.

Thank you for commenting on my post.

Apr 27, 2014 08:25 AM
Ricki Eichler McCallum
CastNet Realty - Corpus Christi, TX
Broker,GRI,ABR, e-Pro, TAHS

Good choice for a re-blog.  It is our job to educate people Why they need us and need representation.  Good for you!

Apr 27, 2014 11:28 AM
Gary L. Waters Broker Associate, Bucci Realty
Bucci Realty, Inc. - Melbourne, FL
Eighteen Years Experience in Brevard County

I just read an article a few days ago that discussed a survey where the majority of sellers felt they need an agent but buyers did not feel the same way. Unbelievable!  Buyers...almost all..need a real estate agent!

Apr 30, 2014 09:15 AM