All real estate licensees are not the same. Only real estate licensees who are members of the NATIONAL ASSOCIATION OF REALTORS are properly called REALTORS Buy Ai??. They proudly display the REALTOR “Ai??” logo on their business card or other marketing and sales literature. REALTORSAi?? are committed to treat all parties to a transaction honestly. REALTORSAi?? subscribe to a strict code of ethics and are expected to maintain a higher level of knowledge of the process of buying and selling real estate. An independent survey reports that 84% of home buyers would use the same REALTORAi?? again.
Real estate transactions involve one of the biggest financial investments most people experience in their lifetime. Transactions today usually exceed $100,000. If you had a $100,000 income tax problem, would you attempt to deal with it without the help of a CPA? If you had a $100,000 legal question, would you deal with it without the help of an attorney? Considering the small upside cost and the large downside risk, it would be foolish to consider a deal in real estate without the professional assistance of a REALTORAi??.
But if you’re still not convinced of the value of a REALTORAi??, here are a dozen more reasons to use one:
1. Your REALTORAi?? can help you determine your buying power – that is, your financual reserves plus your borrowing capacity. If you give a REALTORAi?? some basic information about your available savings, income and current debt, he or she can refer you to lenders best qualified to help you. Most lenders – banks and mortgage companies – offer limited choices.
2. Your REALTORAi?? has many resources to assist you in your home search. Sometimes the property you are seeking is available but not actively advertised in the market, and it will take some investigation by your agent to find all available properties.
3. Your REALTORAi?? can assist you in the selection process by providing objective information about each property. Agents who are REALTORSAi?? have access to a variety of informational resources. REALTORSAi?? can provide local community information on utilities, zoning, schools, etc. There are two things you’ll want to know. First, will the property provide the environment I want for a home or investment? Second, will the property have resale value when I am ready to sell?
4. Your REALTORSAi?? can help you negotiate. There are myriad negotiating factors, including but not limited to price, financing, terms, date of possession, and often the inclusion or exclusion of repairs and furnishings or equipment. The purchase agreement should provide a period of time for you to complete appropriate inspections and investigations of the property before you are bound to complete the purchase. Your agent can advise you as to which investigations and inspections are recommended or required.
5. Your REALTORAi?? provides due diligence during the evaluation of the property. Depending on the area and property, this could include inspections for termites, dry rot, asbestos, faulty structure, roof condition, septic tank and well tests, just to name a few. Your REALTORAi?? can assist you in finding qualified responsible professionals to do most of these investigations and provide you with written reports. You will also want to see a preliminary report on the title of the property. Title indicates ownership of property and can be mired in confusing status of past owners or rights of access. The title to most properties will have some limitations; for example, easements (access rights) for utilities. Your REALTORAi??, title company, or attorney can help you resolve issues that might cause problems at a later date.
6. Your REALTORAi?? can help you in understanding different financing options and in identifying qualified lenders.
7. Your REALTORAi?? can guide you through the closing process and make sure everything flows together smoothly.
8. When selling your home, your REALTORAi?? can give you up-to-date information on what is happening in the marketplace and the price, financing, terms and conditions of competing properties. These are key factors in getting your property sold at the best price, quickest and with minimum hassle.
9. Your REALTORAi?? markets your property to other real estate agents and the public. Often, your REALTORAi?? can recommend repairs or cosmetic work that will significantly enhance the saleability of your property. Your REALTORAi?? markets your property to other real estate agents and the public. In many markets across the country, over 50% of real estate sales are cooperative sales; that is, a real estate agent other than yours brings in the buyer. Your REALTORAi?? acts as the marketing coordinator, disbursing information about your property to other real estate agents through a Multiple Listing Service or other cooperative marketing networks, open houses for agent, etc. The REALTORAi?? Code of Ethics requires REALTORSAi?? to utilize these cooperative relationships when they benefit their clients.
10. Your REALTORAi?? will know when, where, and how to advertise your property. There is a misconception that advertising sells real estate. The NATIONAL ASSOCIATION OF REALTORS studies show that 82% of real estate sales are the result of agent contacts through previous clients, referrals, friends, family and personal contacts. When a property is marketed with the help of your REALTORAi??, you do not have to allow strangers into your home. Your REALTORAi?? famvir order online will generally pre-screen and accompany qualified prospects through your property.
11. Your REALTORAi?? can help you objectively evaluate every buyer’s proposal without compromising your marketing position. This initial agreement is only the beginning of a process of appraisals, inspections and financing – a lot of possible pitfalls. Your REALTORAi?? order sumycin side can help you write a legally binding, win-win agreement that will be more likely to make it through the process.
12. Your REALTORAi?? can help close the sale of your home. Between the initial sales agreement and closing (or settlement), questions may arise. For example, unexpected repairs are required to obtain financing or a cloud in the title is discovered. The required paperwork alone is overwhelming for most sellers. Your REALTORAi?? is the best person to objectively help you resolve these issues and move the transaction to closing (or settlement).
Plus, Texas REALTORSAi?? are working for you in ways you may not even be aware of.Ai?? You know that REALTORSAi?? help you buy and sell real estate. But were you aware they also help you after youai??i??ve bought a home, piece of land, or commercial property?
Texas REALTORSAi?? work together to make sure homeowners and other private-property holders are treated fairly by lawmakers and regulatory groups. After all, no one knows the business of real estate better. They can see where improvements should be made and can identify proposals that would adversely affect real estate. They then work on these issues, and property owners reap the rewards.
For example, Texas REALTORSAi?? have fought for legislation that prevents Texans from losing their homes to foreclosure because of late payments to mandatory-membership homeowner associations. They made sure that homeowner protections were included in home equity legislation. They supported bills on homeowners insurance reform that establish state oversight of rates and bring relief from unfair practices by insurers. And Texas REALTORSAi?? have repeatedly led the charge to thwart proposals that would have added thousands of dollars of fees and taxes to every real estate transaction.
So rest assured that someone is looking out for your interests as a property owner. Texas REALTORSAi??. Weai??i??re working for you.