February 2, 2016
Real Estate transactions involve one of the biggest financial investments you could experience in your lifetime.
Real estate transactions, today, will typically exceed $100,000. If you had a $100,000 income tax problem, would you not bring in a CPA? If you had a $100,000 legal question, would you have your question answered by someone other than an attorney? In today's ever changing market, it is imperative that you consider the help of a Real Estate Agent.
When selling your home, real estate agents will give you up-to-date information on what is happening in the marketplace. They will also give you the price of your home compared to that of the competition.
- Recommend repairs and/or cosmetic work for staging purposes. This will significantly enhance your property's selling potential.
- Agents can show you when, where, and how to advertise your property. Make sure to market your property to other real estate agents and the public. The NATIONAL ASSOCIATION OF REALTORS studies show that 82% of real estate sales are the result of agent contacts through previous clients, referrals, friends, and family.
- Help close the sale of your home. Between the initial sales agreement and closing (settlement), questions may arise. They can objectively help you resolve these issues and move the transaction to closing quicker than if you did it on your own.
- Provide the necessary resources to assist you in a home search. Sometimes the property you are seeking is available but not advertised as available in the market. Agents will often have information on properties before the public. They can also investigate all active properties.
- They have access to many different resources to assist you in the selectin process, by providing objective information about each property. Agents can provide local community information such as zoning, schools, utilities, etc.
Are you trying to own your own home? A real estate agent's job is to know if there's a house that fits your needs. They are obligated to put the client's interests ahead of their own.
- Provide diligence through the evaluations of your property. This could include inspections, faulty structures, roof conditions, septic tank, and well tests. Agents will assist you in finding qualified professionals to do these investigations. They will also provide you with written reports and fix any failed inspection work.
- Help you understand different financing options and identify qualified lenders, like Premium Mortgage Corp. They are the experts in home financing.
- Help you negotiate. There are many negotiating factors such as price, financing terms, date of possession, and repairs or furnishing of equipment.
- Will guide you through the closing process and make sure everything goes smoothly.