As the real estate market continues to soar, many people are finding themselves eager to speed along the process of buying or selling their homes. In 2022 there’s a few ways you can purchase or sell your home. For example, some people have tried using an ibuyer, an online Real Estate Company that buys houses directly from the seller online. Others choose to do a For Sale by Owner transaction. Each of these are different in nature but have one common factor, they do not require a realtor. The question has now become, is a realtor necessary? The majority of people still find that realtors are valuable. Let us take a look at why realtors make the purchase and selling process smoother.
They Will Be Your Advocate
A major role of a real estate agent is to advocate on behalf of their client. Whether you are buying or selling, their job is to get you the house of your dreams or sell your current home for the best price possible. Real estate agents largely operate off of commission. If they do not successfully find clients’ homes, their livelihood is at stake. They are motivated to find the best outcome for you and your family. The argument for not using a realtor is to pocket the 5-6 % commission that they make from selling your house. Initially, this might seem like a great idea. In reality this means that you are taking on the role of listing, offers, paperwork, negotiating, closings and showings. Real estate agents wear many hats at once. If going the For Sale By Owner route is something you desire, you must prepare to take on every one of these responsibilities. We advise that you do your research and highly consider what a realtor can do for you.
They Have Access to MLS & Resources That You Do Not
If you are a real estate agent, broker, or another professional in the industry, you have access to Multiple Listing Service, also known as, MLS. This system shows the newest homes and it exposes you to the best listings in your market. It also allows your agent to set search criteria specific to your wants and needs. As a seller, it will ensure that your house is exposed to all other agents and eager buyers in your market. Your agent will be able to schedule your showings, help you formulate an offer, and negotiate on your behalf. Along with MLS, Realtors provide and help with all of the paperwork that comes with purchasing or selling a home. Realtors streamline the process by doing all of the signatures and paperwork online, making it convenient and timely.
Their Expertise Will Guide You
One of the greatest factors in the home buying and selling process is knowing the market. A realtor is your friend when it comes to market expertise. For example, listing your home at a specific price point is key. Realtors, being saturated in the market daily, are the best resource in helping you succeed in picking the right price point. They will know what you are up against and what is the best formula for getting you what you want and need out of your purchase or sale. When I purchased a house, my realtor was timely in sending our offer letter and included personalized information about our family. Adding this personalized information ultimately led to us getting the home we desired. Little things like this go a long way when you are on the journey of homeownership. Having someone there to lead and guide you along the way is a game-changer.
In conclusion, realtors are valuable. From informing you about an appraisal to scheduling showings to handing you all of the paperwork needed, realtors put in the effort and work required to get things done. If you would like to buy or sell a house reach out to our team via phone (912) 651-5400 or email firstname.lastname@example.org and we will assist you in any way possible.