It is not easy to buy a home or sell it, and it is regarded as one of the big-ticket financial decisions of a lifetime for most people out there. Thus, you must do proper research while buying any of the for-sale homes out there. That is not easy to do, without enough skills knowledge and experience in the field. Here is where a qualified real estate agent can walk in and help you out.Â
Here are some of the top reasons why you need to look for a realtor while trying to look for houses for sale to choose from?Â
Table of Contents
Expertise in pricing
Most realtors can gauge the price of a home, when they see it, due to their experience in a market. They also have enough knowledge about how much a neighbourhood is worth, and what kind of market value the know about houses for sale have in that location? Handing over the responsibility to them will enable to find out the best price options for your house, if you want to sell a house. Also help you in finding a new house under your budget. Honest guidance
Realtors are members of the National Real Estate Association (NREA) must operate under a strict code of ethics. They are responsible for honestly dealing with every party that is involved in a transaction. You can trust on them to put your interests. Thus, you can rely on these professionals to disclose to you about all possible issues or flaws that might be there in the houses for sale that have caught your attention.Â
You can be assured of the strictness of the code of ethics that realtors are supposed to follow. The provisions are enforced local boards that are controlled by the National Real Estate Association.
The possible penalties are:
- A monetary fine amounting to 5000 USD
- A 1-year suspension from the NREA
- A 3-year expulsion from the NREA
The NREA represents more than 7000 members, at the time of writing.
Data on home sales
Professional realtors who have been in the industry for at least a few years have a good network. They are comprising of real estate agents, attorneys, home inspectors etc, and can provide you with all the data on local houses for sale that you would want. They are the ones who witness many home transactions over the years in various neighbourhoods. Thus, you can be assured about the guidance of these professionals and trust on their expertise.Â
Finding available houses
Skilled realtors having a wide network are likelier to know about houses for sale that are unadvertised. They might be missed by other real estate agents and potential home buyers. Few house projects are self constructed while some are contacts of the sellers who can want to sell. In such cases the realtors are aware of the contacts that they can avail for you if interested in buying. In all these cases, the realtors are the only ones who know that the properties are up for sale. Thus, they can manage to broaden the search for you and let you find out about homes that you might miss seeing otherwise.
Dealing with documentation
A realtor can also help you with all the paperwork related to the houses for sale that you want to choose from. These might include things like:
- Written offer
- Written and signed counteroffer
- Small details (such as particular repairs)
- What the sale includes / does not include
A good real estate agent can help you with all of this and minimize all possible hassles for you.Â