Why Use a Realtor: Finding the Right Realtor is Crucial
Last updated on August 4th, 2018 at 09:55 am
Why Use A Realtor
Whether purchasing now, months from now, or years from now, finding the right realtor is key when looking to buy or sell your home. Almost 90% of buyers and seller today still rely on a realtor to guide them through the home buying or home selling experience. Complex, ever-changing real estate laws and regulations, accurate market pricing for listings, confusing contracts and strict deadlines are a few reasons why it’s important to use a realtor.
89% of home sellers still use a realtor to assist in selling their home
According to the 2016 National Association of REALTORS® Profile of Home Buyers and Sellers, almost 90% of sellers engage a realtor to help them sell their properties. There are many contributing factors to the importance of using a realtor instead of listing your house as for sale by owner; complex, ever-changing real estate laws and regulations, accurate home estimates and listing pricing, and confusing contracts and negotiations are a few factors.
While realtors are expected to adhere to strict regulations, there is more you need to know about selling your home. A great realtor will provide an accurate and in-depth market analysis so your home is priced to sell. They will know the neighborhood and have experience selling your type of home. They will have exceptional negotiating skills and be in constant communication with you. The sign of a great realtor is that they make it seem so easy, you think you could do it yourself.
88% of home buyers still use a realtor to assist in a new home purchase
88% of buyers purchase a new home through a real estate agent or broker, according to the same report from realtor.com. Approaching a new home purchase can seem like an easy process because of the technology available online to home buyers; however, this is not the case. Talking to a realtor early on, even up to five years before a purchase, can be a great way to start preparing for your future home and avoiding common mistakes. 1 out of every 4 home buyers regret their purchase, according to a survey by Redfin, a real estate brokerage firm.
A great realtor knows how to listen to your needs and also know what’s available in the market and how to find what you are looking for in your price range. They also can help you get the best offer for what you’re spending, what features you can DIY, and how to get out of a contract if you are uncomfortable. Make sure you choose to work with someone who has lived and worked in your target area so they are familiar with the neighborhoods, amenities, property conditions, and pricing.
Don’t Go it Alone
There are many reasons not to try to sell your home on your own. Realtor.com has a great article listing the top 6 Reasons You Should Never Buy or Sell a Home Without an Agent. The most important thing to remember is to do your research and not to be pressured into making snap decisions.