When the economy is uncertain, homeowners may want to try to save a few dollars by selling their homes themselves. But, a slower market is actually the best time to have an experienced professional on your team.
1. Real estate is one of the largest financial transactions you can make, usually dealing with hundreds of thousands of dollars. If you had a $100,000 tax or legal issue, wouldn't you want to work with a tax professional or an attorney? In the same way, an experienced Realtor can provide you with expertise to handle your valuable transaction.
2. Your Realtor can suggest repairs and cosmetic work that may increase the value of your home.
3. According to NAR's 2005 Profile of Home Buyers and Sellers, the home price for sellers who use an agent is 16% higher than those who don't. Trust a professional Realtor to help you set and negotiate the best price for your home.
4. Your Realtor will market and promote your property to other agents and to the public.
5. Your Realtor can help you select a professional and reputable appraiser, inspector, and title company based on best value and best service.
6. Your Realtor will communicate for you with all other parties to the transaction.
7. Your Realtor can save you time and money by coordinating inspections, appraisals, and contingency dates.
8. Difficult situations often arise in a real estate transaction. The typical home sale today involves more than 20 steps after the initial contract is accepted to complete the transaction. A professional Realtor can help you resolve any issues that come up during the process.
9. Your Realtor helps you draw up the contract and negotiate the offer and counteroffers for you.
10. The amount of paperwork involved in a real estate transaction can be daunting. From the initial sales agreement to the closing, your Realtor can assist you in understanding the documents and filling them out so they are legally binding.
- Courtesy of Land Title Guarantee Company
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