Buying a home is a complex and stressful undertaking. Getting an expert to help will save you time, money and aggravation.
Looking out for your best interests:
By asking a REALTOR® to act on your behalf during the purchase or sale of a home, you create an Agency Relationship and become the REALTOR®’s client. REALTORS® always owe their clients full fiduciary duties, such as loyalty, confidentiality, accountability, duty of care, obedience to all lawful instructions, and full disclosure of all pertinent facts.
- Getting the best deal – Know the Market:
What have similar properties sold for in the immediate area? How long were they on the market? How does this one compare? Is it over-priced, under-priced, or fair value? What type of market is it – is it a Seller’s, Buyer’s or a Balanced market? By having this information at your fingertips, you are in a position to negotiate the best price and take advantage of any opportunities that may show up.
- Negotiation expertise:
While a REALTOR® does many things, one of his or her most important functions is to negotiate on behalf of their clients. When you purchase a home, you want the best deal possible. Your REALTOR®’s job is to facilitate this by drawing up legally binding contracts, assisting in negotiating offers, offering advice and perspective and, if needed, acting as a mediator during any potential disputes between you and the seller.
- Finding the right home & neighborhood for you:
REALTORS® spend a lot of time and energy making sure they know their local market inside and out. They are familiar with the current market values of properties in the areas you are looking and are your best resource for finding the right home.
- Determining your “wish list”:
What is it that you want from your new home? A particular style, design, lot type? Proximity to schools, services, work? A pool? A two-car garage? A specific price range? A REALTOR® will help identify exactly what it is you are looking for and ensure that you get to see all the homes that meet your criteria.