Why Use A Realtor?
The Seller Pays Our
Real Estate Commission
The best part of using a Realtor when purchasing a home
is that you receive all the benefits mentioned below and the seller is
responsible for paying the real estate commission!
Realtors
Are Real Estate Specialists
Not
all real estate professionals are created equally. There are approximately
2.3 million licensed real estate professionals, but only members of the
National Association of Realtors can call themselves Realtors. This
association of about 750,000 brokers and agents provides a Code of Ethics
to standardize professional behavior.
Realtors
Lower Your Risk
If you have a Realtor as your advocate, he or
she will make recommendations that will assure that you are buying a home
that is safe, environmentally sound and priced fairly according to the
current marketplace. This can be particularly important in the San
Fernando Valley given the many hillside homes and residual damage from the
1994 San Fernando Valley earthquake.
Realtors
Understand The Current Market
Real estate professionals have invaluable
house-by-house, street-by-street, and market-by-market experience which
can't be learned overnight. This is especially important in an area like
the San Fernando Valley where neighborhoods can change drastically within
a short driving distance. Realtors who have weathered the pendulum swing
between buyers' markets and sellers' markets know that the real estate
market can turn abruptly. Rising and falling interest rates affect the
number of available homes for sale and their prices within weeks or days.
All it takes is the entrance or exit of a major employer, and hundreds of
homes in a neighborhood can be affected. As neighborhood experts,
experienced brokers and agents can help you with home buying strategies
and proposals that will get the right house at the best price and terms.
Realtors
Have Information You Don't Have
MLS data entry can take from one to 10 days,
depending on the listing agent, his or her broker, and the rules and
technology of the MLS. By the time the home is posted on the Internet, it
could already be sold, this happens all the time in the hot San Fernando
Valley real estate market. When you shop for homes on the Internet, you
may not be seeing the most current inventory. That's why clever agents
network with each other. As your agent, I will tell other agents about you
and your wish list in exchange for information about upcoming homes for
sale which are not yet in the MLS or the Internet. Many homes are bought
and sold this way without a sign ever going into the yard.
Realtors
Understand The Complexity Of The Transaction
Less than a decade ago, a home could be bought
with a two-page contract. Now consumer-mandated seller's disclosures,
environmental and structural reports, and other legal documents have
turned the home transfer into a potential minefield. Realtors work with
contracts daily, and can fully understand which points are harmful and/or
beneficial to you. From helping you make a reasonable offer, to providing
for the discovery and disclosure of material facts, your real estate agent
can also correctly interpret information for you.
Realtors
Work For You...And The Transaction
Your agent not only represents your interests
but also works on behalf of the transaction. Does that seem like a
conflict of interest? It isn't. Buyers and sellers are natural
adversaries. You want to buy for the least price, and the seller wants the
most. Agents must be skilled negotiators to keep pride, ignorance, or
stubbornness from getting in the way of a fair deal for both sides. As the
buyer, remember that you are the one in control. You can instruct your
agent how far to go in negotiations on your behalf. One day, you'll be
glad your agent helped you keep your cool when the seller refused to leave
that old chandelier.
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