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Buying or Selling a
home is a complex and stressful undertaking. Getting
an expert to help will save you time, money and
aggravation.
Looking out for your best interests:
By asking a REALTOR to act on your behalf during the
purchase or sale of a home, you create an Agency
Relationship and become the REALTOR's
client. REALTORS always owe their clients full
fiduciary duties, such as loyalty, confidentiality,
accountability, duty of care, obedience to all lawful
instructions, and full disclosure of all pertinent
facts.
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Buying:
The Value of working with a REALTORŪ
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Selling:
The Value of working with a REALTORŪ
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(10
Common errors to avoid when buying)
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(10
Common errors to avoid when selling)
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Getting the best deal
- Know
the Market:
What have similar properties sold for in the immediate
area? How long were they on the market? How does this
one compare? Is it over-priced, under-priced, or fair
value? What type of market is it - is it a Seller's,
Buyer's or a Balanced market? By having this
information at your fingertips, you are in a position
to negotiate the best price and take advantage of any
opportunities that may show up.
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Getting the best
price:
Professional marketing means top dollar and a faster
sale. REALTORS spend a lot of time and energy making
sure they know their local market inside and out. They
know the current market value of properties in your
area and are your best resource for determining and
getting the best and highest price possible. All
REALTORS have access to all of their agency's
resources and marketing skills, ensuring that all
potential buyers are quickly made aware of your home.
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Negotiation expertise:
While a REALTOR does many things, one of his or her
most important functions is to negotiate on behalf of
their clients. When you purchase a home, you want the
best deal possible. Your REALTOR's job is to
facilitate this by drawing up legally binding
contracts, assisting in negotiating offers, offering
advice and perspective and, if needed, acting as a
mediator during any potential disputes between you and
the seller.
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Showcase your home in
the best possible light:
"First
impressions count!"
As unfair as it might be to your home, after only
fifteen seconds most buyers have already developed a
perception of your property that will color their
feelings during the rest of the showing and perhaps
dramatically affect how they perceive the value of the
property. REALTORS can offer a great deal of
information and advice on how to significantly
increase your chances of obtaining the highest and
best price for your home.
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Finding the right home
& neighborhood for you:
REALTORS spend a lot of time and energy making sure
they know their local market inside and out. They are
familiar with the current market values of properties
in the areas you are looking and are your best
resource for finding the right home.
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Dealing only with
qualified buyers:
REALTORS have access to pre-screened and pre-qualified
buyers who are really serious about buying in your
neighborhood. They work full-time making these
connections and are literally the best source of
potential purchasers.
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Determining your
"wish list":
What is it that you want from your new home? A
particular style, design, lot type? Proximity to
schools, services, work? A pool? A two-car garage? A
specific price range? A REALTOR will help identify
exactly what it is you are looking for and ensure that
you get to see all the homes that meet your criteria.
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Negotiation expertise:
REALTORS do many things, but one of their most
important functions is to negotiate on behalf of their
clients. When you sell your house, you want the best
price in a reasonable amount of time. Your REALTOR's
job is to facilitate this by drawing up legally
binding contracts, assisting in negotiating any
offers, offering advice and perspective, and if
needed, acting as a mediator during any potential
disputes between you and the purchaser.
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Professional
experience:
A REALTOR brings to the table all of his or her
knowledge, training and negotiation skills, and will
explain exactly what you can expect from the
buying/selling process. He or she will be able to
explain your rights and obligations, help organize and
strategize, and even discuss financing options.
All REALTORS are members of the National Association
of Realtors (NAR). This organization requires all of
its members to adhere to a strict Code
of Ethics and Standards of Business Practice.
The Code and Standards are very important because they
assure that all REALTORS offer the highest level of
service, honesty and integrity possible. All REALTORS
are subject to constant professional monitoring that
keeps them directly accountable to the individual
consumers they serve. NAR also ensures that all of its
members are knowledgeable and highly trained in order
to better serve the public and offers ongoing
education courses so that REALTORS continue to meet
the highest professional standards in an ever-changing
industry.
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Assist with financing
needs:
REALTORS are familiar with all of the complexities
involved in the pre-qualification, approval and
negotiation of mortgage rates. Like many industries,
banks are experiencing quite a bit of competition and
are often willing to flex from their quoted rates.
Experienced REALTORS can often assist in finding the
most competitive rates and terms available.
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Access to Multiple
Listing Services:
REALTORS have exclusive access to the Multiple Listing
Service (MLS). It is one of the most effective
marketing tools available, giving all realtors
nation-wide access to your property. The MLS system
also allows a REALTOR to examine all properties for
sale and short-list the ones that are right for you.
This not only offers more choices but also saves you
valuable time and effort.
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