Why Use a Realtor?
It seems so simple, doesn't it? You are sitting at your kitchen table with your realtor and a potential offer is being presented to you for your home, and for a brief moment, you start to think that you could do this all on your.
You begin to calculate commission that will be paid out and think about what you could do with this extra money. It isn't so simple! The sale of your home is one of the largest transaction and investment you will ever make. Why would one risk that investment by trying to sell your own home?
Let's have a look at numbers. If you were to sell your home on your own would you really have more money? The reality is that a realtor will be able to secure a higher purchase price for your home then a vendor would be able to negotiate for many reasons.
As a potential buyer who comes across a home being sold by the owner they will calculate the commission and automatically deduct this from their offer. As they aware the vendor is not be paying out commission.
There are several other reason why choosing a Realtor has many benefits then just the example above.
Realtors are educated professionals trained through the Ontario Real Estate Association College, and are articled for a two year period. They have many tools available to them to succeed in selling your home quickly and efficiently:
•a) Being aware of comparable pricing in your neighborhood and help assist you in setting a price that will net you the best sale amount.
•b) Making your home capable for a prompt sale
•c) Having a advantage to advertise your home with cutting edge marketing in magazines and web-based system for full exposure of your property
•d) Hold open houses for the public, but key... other Realtors
•e) Help assist in professionally staging your home
•f) Negotiate on your behalf with another Realtor
•g) Be responsible for the administration involving drafting and executing your Purchase and Sale Agreement, with all conditions to protect your interests
Remember a Realtor is a highly trained professional, they ensure to make this process seem easy as possible for you as the vendor/buyer but there is a lot that they do behind the scenes on your behalf. The higher net purchase price of your home greater justifies your consideration to higher a professional to take on this important role. It's also important to think that you will be saving your valuable time because you will not be carrying out the above tasks.
Keep in mind that your agent is insured should something go wrong, unfortunately you are not.
As a Buyer, a Realtor is also an indispensable part of a real estate sale.
The Agent can:
•a) Keep you informed of available properties that fit your budget and wish list, utilizing the above mentioned tools for searches available only to a Realtor, as well as a network of other Realtors.
•b) Advise on a price appropriate offer but also on potential conditions to ensure you are protected.
•c) Be responsible to negotiate with the Vendor's Realtor on your behalf with experience
•d) Connecting you with professional network of financing and other trained professionals for home inspections.
Don't be foolish! Hire a professional. The "Savings" one imagines in commissions when attempting to sell your home on your own is an illusion and a risk not worth taking. Realtors who advertise and market have their client's best interest in mind, because they too are investing their money to market your home to present your property to the widest audience of potential Purchasers.