Real estate is a big deal. For most Americans, a home is the most expensive purchase they’ll make in their lifetime. It’s a serious transaction with significant financial and emotional ramifications for the parties involved, and having proper representation is critical.
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Real estate has its own language, full of acronyms and semi-arcane jargon, and your REALTOR® is trained to speak that language fluently.
TODAY’S BUYERS AND SELLERS AGREE!
REALTOR® representation during a real estate transaction is important for both buyers and sellers. Here are six of the chief reasons:
When you work with a REALTOR®, their fiduciary responsibility is to you. That means you have an expert who is looking out for your best financial interests, an expert who’s contractually bound to do everything in their power to protect you.
REAL ESTATE REGULATIONS
Every home is different, and real estate laws change every year as well as vary from state to state. REALTORs® are immersed in real estate, and they must stay current with all the updates in regulations, laws, contracts and practices.
FIND THE RIGHT HOME
REALTORs® live and breathe real estate, and they can share information about a home that you wouldn’t otherwise know. Your REALTOR® can go beyond the aesthetics and tell you important details about homes you’re considering.
PRICING & SELLING
REALTORs® know the local market, have access to the freshest sale data, and can price your house in line with the market to maximize your earnings. In 2012, sellers using an agent got $40,100 more!
CONTRACTS & NEGOTIATIONS
Today’s contracts can be 50 pages long — not counting addendums and riders. REALTORs® can help you navigate these complex documents and craft an attractive offer that makes sense for you.
CODE OF ETHICS
In place for over 100 years, the REALTOR® Code of Ethics ensures that consumers who work with a REALTOR® are treated professionally and ethically in all transaction-related matters.