5 Reasons You NEED a Real Estate Professional
Whether you are buying or selling a home, it can be quite an adventurous journey; you need an experienced real estate professional to lead you to your ultimate goal. In this world of instant gratification and internet searches, many sellers think that they can For Sale by Owner or FSBO.
The 5 Reasons You NEED a Real Estate Professional in your corner haven’t changed, but rather have been strengthened, due to the projections of higher mortgage interest rates & home prices as the market continues to pick up steam. Think twice about these 5 things before you trust your home sale to an inexperienced person (like yourself, perhaps!)…
1. What do you do with all this paperwork?
The state of Texas has different regulations regarding the contracts required for a successful sale, and these regulations are constantly changing. A true real estate professional like me can guide you through the stacks of paperwork necessary to make your dream a reality. Another reason to make sure the paperwork is right is for your protection. From the seller side, would you know what you would have to disclose to buyers about the home, what has happened in the home, what is happening around the home, etc.? From the buyer side, what rights to you have to specific information before and after the sale? These are very important, and potentially very costly, issues!
2. Ok, so you found your dream house, now what?
According to the Orlando Regional REALTOR Association, there are over 230 possible actions that need to take place during every successful real estate transaction. Don’t you want someone who has guided people through those steps numerous times before, someone who knows what these actions are and can explain them in a clear and concise way, to make sure that you acquire your dream?
3. Are you a good negotiator?
So maybe you’re not convinced that you need an agent like me to help you sell your home because the market is just so hot. However, after looking at the list of parties that you need to be prepared to negotiate with, you’ll realize the value in selecting a good realtor. From the buyer – who wants the best deal possible and likely has an agent who you most likely will be responsible for paying – to the home inspection companies, to the appraiser, to the title company, there are at least 11 different people that you will have to be knowledgeable with and answer to, during the process.
4. What is the home you’re buying/selling really worth?
For sellers, it is important for your home to be priced correctly from the start to attract the right buyers and shorten the time that it’s on the market. You need someone who is not emotionally connected to your home to give you the truth as to your home’s value. Also, contrary to way may be popular belief, sellers make more money when they hire a realtor…according to the National Association of REALTORS, “the typical FSBO home sold for $185,000 compared to $245,000 among agent-assisted home sales.” For buyers, you don’t want to pay more for a home than it’s really worth, which is a big cause for concern in a hot market like this, and you need an agent to help you run the numbers and determine that.
5. Do you know what’s really going on in the market?
Just like you probably have your finger on the pulse of what’s going on in the industry in which you work, a good realtor like me knows what’s going on in real estate. There is so much information – and misinformation – out there on the news, the internet, and these home shows on networks like TLC. Home sales, prices, and mortgage rates; how do you know what’s really going on and how the market works specifically in the Dallas area? Do you want to trust your own limited knowledge about real estate to buy or sell the biggest asset you’ll probably every buy or sell, or should you call an expert like me to help?
Dave Ramsey, the financial guru, advises:
“When getting help with money, whether it’s insurance, real estate or investments, you should always look for someone with the heart of a teacher, not the heart of a salesman.”
Hiring an agent will make your buying or selling experience an educated one, and you can be more assured that you will be making decisions based on real knowledge that will lead to success.
You wouldn’t replace the engine in your car without a trusted mechanic, you wouldn’t perform your own surgery, and you wouldn’t build your own house brick-by-brick without being qualified in one of those fields. Why would you make one of the most important financial decisions of your life without hiring an expert in the field of buying and selling real estate? Considering a move, get in touch with me and let’s talk!