Do you have what it takes to buy your home yourself?
Can you read pages of fine print and understand it?
Do you have the time to do tedious amounts of research?
Can you be unbiased when it involves probably the largest expenditure of your lifetime?
If you answer “yes “ truthfully to all of the above then, you have “what it takes” to buy a home.
Otherwise you need the services of a professional real estate agent to buy your home.
The realtor’s role is to get you from thinking about buying a home to becoming a happy homeowner in the safest and most expedient way possible. There is no cost to you for this as the seller will be paying your realtor.
This is why you need a realtor to help you buy a home and how one can help you:
Find the right home
A knowledgeable and experienced realtor will help you find properties quickly and easily using the access to a detailed and extensive database they have at his/her disposal. Once the realtor is aware of the things that are most important to you, efforts will be made to make sure that both the home and the neighborhood are right for you.
After you have shown interest in certain types of properties, a realtor will help you book showings, coordinate showing times and access with other listing agents. This is more important today than ever with the COVID 19 pandemic, as access to homes is not as easy as it used to be in pre-pandemic times.
Perform the due diligence
This is particularly important for first time buyers. The real estate agent will ask all the questions that you the buyer may not be aware of and also be able to investigate the property and ask pertinent questions like:
Were the renovations done with permits?
What are the on going costs of the property?
How are the neighbors?
Negotiate the best price
Because the realtor will have done a comparative market analysis for the property you are interested in, you will be able to understand the current market value and work out an offer strategy that includes a reasonable purchase price.
The seller may want to negotiate the price, so it is the realtor’s undertaking to negotiate back and forth until both parties reach an acceptable solution. Don’t forget the fact that all realtors are well trained in negotiation.
Prepare the contracts
A realtor has undertaken taken extensive training in preparing legally binding contracts. There are a number of terms that need to be included in a contract to ensure your safety as a buyer. A well thought our and prepared legally binding contract can then be presented to the listing agent/seller.
The contract carefully prepared by the realtor, will ensure that you as the buyer have your interests secured and the process from a firm deal to completion is flawless.
Help with Closing
The process of closing is very important as it involves a lot of conveyancing with the lawyers and mortgage brokers involved in the deal, and if you don’t get the process and the paperwork right, you can end up with a costly lawsuit. Once again, a professional realtor has been thoroughly trained in the process and will guide you effortlessly.
We have been in the real estate business for over 30 years. If you are planning to purchase a new home, or have any real estate related questions, why not get in touch with us for some useful advice? Call us on 604 913 1000, contact us or follow us on Facebook.
The Internet has allowed us to virtually do everything ourselves. Videos, blogs and forums can teach you how to repair your car at home, build a deck in your home, or even sell your home. Using the “for sale by owner” (FSBO) method, you can literally save thousands of dollars when you sell your home, as there are no commissions to pay to a real estate professional.
But is it worth it? Do you really think that you can do better than a professional who has undergone months of training on buying and selling homes and written extensive exams on the subject? Notwithstanding the experience and the training, a realtor’s job is to do just that – guide you through the process of buying or selling your home.
So why would you engage a realtor to sell your home?
- A realtor takes the emotion out of the transaction
Selling your home may be the largest single transaction you will ever engage in your entire life. You may take some remarks made buy a potential buyer as abusive and reject a promising deal, or give up too easily to meet a deadline.
A realtor is trained to stay focused on the sale and will not be affected by pressure or emotion. An experienced realtor will be able to guide you through the whole process working with your interest in mind and give you stability in your decision making process.
- A realtor is trained in negotiation
Realtors get trained to become professional negotiators and will fight for your interests. As previously mentioned, they will work to keep emotions out of the deal. A realtor will look objectively at the deal and help craft an agreement that works with your interests in mind.
- A realtor will get you the best price for your property
A real estate agent has access to up-to-date information on what is happening in your local marketplace. You will get access and advice on the price, terms and conditions of competing properties. While anyone can get access to certain real estate information on the Internet with sites such as Zillow, a realtor has access to a depth of listings that is not available to FSBO’s.
- Real estate agents have a wide network of potential buyers
Yes, you can list your home on Zillow, Craigslist, and other on line portals, and you may have a large personal and professional network, but it is a small pool of potential buyers to whom you can sell your home. A realtor on the other hand, has a vast network available, which would reduce the time your property is on the market and get you a better price.
- You will have access to superior marketing tools
Realtors have state of the art software and access to professional resources that would considerably ease the process of selling your home. Your home can be staged beautifully using software that would be difficult to do if you were to do it yourself. Using the FSBO method, you would have to pay a lot of extra money to get the same type of marketing exposure a realtor can give your home.
- Your home is secure
When a realtor markets your home, you do not have to worry about strangers entering your home. Agents normally prescreen and accompany qualified prospects throughout your home. If you were selling privately, anyone off the street could potentially walk into your home.
- COVID measures are taken seriously
With the COVID pandemic, realtors have a very strict, well thought out protocol to adhere to when dealing with clients’ homes. The level of sanitation and cleaning is very strict and comprehensive.
- A realtor will take care of the paperwork.
There is a lot of paperwork and procedure involved in the sale of a home. A realtor has been professionally trained to handle the sale process, every step of the way. This means that the entire sales process: administration, open house bookings, paper work and more is handled by the realtor, taking the stress off you the seller.
If you are planning to list your home, then you should contact us. We have been in the real estate business for over 30 years and our real estate professionals have a wealth of experience when it comes to listing and selling your home