I dont need a Realtor or your referral....

Mortgage and Lending with Draper and Kramer NMLS# 189006

I know this subject has been covered before however I find it necessary to repeat.  I find many buyers and sellers going it alone.  You don't have to do it by yourself, you shouldn't fumble in the dark feeling your way through it all.  The process of buying or selling a home is not as easy as we may make it look sometimes.

For sellers:  Listing your home with a Realtor is a huge advantage!  When you list with a professional you will have someone on your side. They will show you an accurate value of your home and list it accordingly,  a professional to guide you in negotiating the contract, marketing your home, notifying other Realtors in the area about your home, holding an open house, and working with you to get it sold at a fair and accurate price.  When you stick a sign in your yard and pick out a price to sell your house, do you know what the other homes in the area have sold for?  Do you know if you are selling yourself short or setting yourself up for a long time waiting by listing too high?NC House

For buyers:  Did you know that working with a Realtor is not an expense to you?  Working with a professional to show you homes in the area and price range you want is what they do best.  When you just pick out homes on the Internet, do you know if they are listed for a fair price?  How do you know if you are getting a good deal?  Are you sure the area you are looking for has the best schools as you thought?  Are there any special assessments that you may not know about ahead of time, will the taxes in that area be affordable? 

The above just lists a few things professional Realtors do for buyers and sellers.  Behind the scenes many more tasks are completed for you to have the best experience in purchasing or selling a home.

When a Realtor offers you names and phone numbers to an attorney, home inspector, mortgage lender or an insurance agent they are giving you professionals they have worked with in the past.  In today's market this is more important than ever! With the real estate market changing almost daily, you want to make sure you are working with professionals that will work with you to obtain your ultimate goal of buying or selling. 

The misconception of referrals is that the person referring you to another professional is that they will receive some type of commission.  This is NOT true and not allowed!  The reason for the referral is to work with another professional and know that the job will be done properly for YOU!

Check with friends or family to see who they are worked with, read the blogs on the Internet and get to know a professional.  You will be happy you decided to not go it alone!


Kim Murphy       1am

Providing home loans for Illinois including DuPage, Kane, Cook, Lane and Will counties for over 11 years!




Comments (16)

RE/MAX Advantage Realtors, Searcy, AR - Searcy, AR


You are so right!  That is a very good post and should be featured!!

Aug 21, 2008 05:37 AM
Mana Tulberg
805 County Real Estate - Camarillo, CA
Real Estate Agent - Camarillo CA

Kim, There is the emotional aspect with selling ones home as well. For the home buyers that are interested in REOs and Short Sales, a Realtor with the knowledge of the process seems to be a necessity in this market.

Aug 21, 2008 05:37 AM
Kim Murphy
Draper and Kramer - Lombard, IL
Mortgage Loans in DuPage, Kane, Cook, Lake, Will C

Mary.. Thank you!  It needed to be stated AGAIN!

Mana..There is so much more a Realtor does not listed in this post.  Being in the business 11 years and there are so many things I don't even know a Realtor does.  But I know the list can be endless!  And worth every dollar!

Aug 21, 2008 05:42 AM
Lisa Hill
Florida Property Experts - Daytona Beach, FL
Daytona Beach Real Estate

I think most REALTORS(r) know that houses that insist on being sold by owner (or attempted to do so) are over-priced. Sometimes it can't be helped; especially in this market, unlike a few years ago when the greed was in control of all parties involved. But I wonder if the buyers and sellers who want to do things on their own, assumedly to avoid a commission (by both buyer and seller, so it's a wash anyway) realize how much they learn by reading OUR blogs!?

Aug 21, 2008 04:57 PM
Charles Buell
Charles Buell Inspections Inc. - Seattle, WA
Seattle Home Inspector

Kim, as an inspector I hate seeing people trying to go it alone----they expect me to pick up the slack which increases my inspection time as I gracefully tell them that is not my job:)

Aug 23, 2008 12:57 PM
Kim Murphy
Draper and Kramer - Lombard, IL
Mortgage Loans in DuPage, Kane, Cook, Lake, Will C

Lisa - They really learn alot from reading our blogs!  Lets hope they are paying attention!

Charles - I'm sure that can be frustrating!  I feel a home inspection it worth its weight in gold!

Aug 24, 2008 03:23 PM
Ray Saenz
Exit Realty Laredo - Laredo, TX
Homes for Sale in Laredo, TX - Texas, Realtor

Hey Kim,
I hope that you are doing well and nice to see you again,  did you read about the Bubba ? :) great post by Teri :P, but thanks to let know that to some stubborns and they think they are super heroes, great realtors take a lot of education, full time job, experience, professionalism and great advises to share to people who believe that they know everything.
Great blog.
Ray Saenz


Aug 24, 2008 08:39 PM
Tom Burris
NMLS# 335055 - Baton Rouge, LA
Texas/Louisiana Mortgage Pro - 13 YRS Experience

But look at all of those savings that they saved(missed) by not using a realtor....

99% of people do not need to go at this alone!!!!

Aug 25, 2008 02:16 PM
Leon Williams

Great Post

Aug 26, 2008 01:24 PM
Kim Murphy
Draper and Kramer - Lombard, IL
Mortgage Loans in DuPage, Kane, Cook, Lake, Will C

Hey Ray.... Very nice to see you!  Thanks for checking in!  I will stop by and see you!

Tom... I agree, the savings is usually more than they expect!

Leon... Thank you!

Aug 26, 2008 02:55 PM
Larry Bettag
Cherry Creek Mortgage Illinois Residential Mortgage License LMB #0005759 Cherry Creek Mortgage NMLS #: 3001 - Saint Charles, IL
Vice-President of National Production

Where've you been?  Great to see your resurrection!  I'll harass you at some point, but I just have been too busy.  You know the drill I'm sure.  Great to see/hear from you K.

Sep 05, 2008 03:28 PM
Debra Kukulski, Broker Associate
RE/MAX Suburban - Cary, IL
SRES;SFR,CDPE;GRI;ABR;e-PRO Realtor, Northern IL

Kim, this is a wonderful post and excellent information to get out to consumers....great points!!

Sep 17, 2008 01:20 AM
Kevin & Maryellen Garasky
KMG Mortgage Group - Kevin & Maryellen, Idaho & Washington - Coeur d'Alene, ID
KMG Mortgage Group - ID & WA

Kim - Thank you for posting this.  As a Mortgage Professional, doing a FSBO (For Sale By Owner) transaction is not an easy position to be in.  Sure, we can handle the financing, but buyers and sellers ALWAYS ask real estate advice that, frankly, I'm not equiped to give.  Like most Agents I deal with won't give mortgage advice, I don't give real estate advice.

Sep 18, 2008 05:38 AM
Kim Murphy
Draper and Kramer - Lombard, IL
Mortgage Loans in DuPage, Kane, Cook, Lake, Will C

Larry... Thanks for taking the time to ruffle my feathers!

Debra... No need to go it alone!  Thanks!

KMG... I agree, I don't want to give real estate advice, I do loans!  I think FSBO's learn quickly that its really not as easy as the commercial lets on!

Sep 18, 2008 03:45 PM
Steven Sipes
Island Home Inspection, Inc. - Joppa, MD


I'll be the first to admit,I have bought and sold a few homes and have been involved in many sales transactions as an inspector, but I would NEVER attempt a sale without an agent. You all are an underappreciated part of the equasion... but let me tell you why.. Most people don't undersstand your job. Mine either! They expect a ton of telepathy in so much as what they are looking for and what they don't want. ie: don't want hardwood floors, or tile in the master bath. You should know this (by telapathy) before that beautiful colonial comes on the market.  As far as my end of the deal, The last (and only.. thankfully)complaint I got during an inspection, was that I didn't tell the buyer that there were no keys to the second floor sliding glass door. ?????? I LOVE THIS JOB 

Sep 18, 2008 04:55 PM
Debra Kukulski, Broker Associate
RE/MAX Suburban - Cary, IL
SRES;SFR,CDPE;GRI;ABR;e-PRO Realtor, Northern IL

I think many people really like to try to do things themselves, whether it isfinishing the basement, investing in the stock market or selling their own home.  I'd strongly suggest using a professional in any of these endeavors!  It is also so important to have the right lender, of course!

Sep 19, 2008 11:43 AM