Thinking about a DIY approach to Real Estate? Here's 10 reasons why I recommend working with a Professional.
1) Peace of mind
Realtors adhere to a strict code of ethics, are insured, and are committed to ongoing education. They have intimate knowledge of sales and trends in the local marketplace and their knowledge of contract law also ensures that all that complicated paperwork is handled correctly.
2) Information on new listings first
Not only do Realtors have access to a multiple listing service (MLS), Realtors are also invited to exclusive "agent only" open houses that let them find out what is on the market before anyone else does.
3) Market that property!
Your Realtor will distribute information about your property to their network of other agents, industry partners and the public. This is a great help towards getting the word out that your home is for sale.
4) They know your competition
When selling your home, your Realtor is the best person to provide you with up-to-date information on the marketplace. From their experience doing hundreds of transactions, they know the price and features of competing properties.
5) Find the right property for your specific needs
Realtors can help source locations and homes that are specific to your needs. They also know where schools, hospitals and amenities are located, and can advise on neighbourhood discrepancies.
6) Help you to evaluate a property
Realtors know which inspections should be conducted on potential purchases including checks for termites, dry rot and asbestos. They can also help you gain access to important information such as history of the property. If issues are contained in the title report, a Realtor can assist you to resolve them before problems arise.
7) Negotiating: Secure the best price for your home
Realtors are expert negotiators, and their experience can equate to thousands of dollars in your pocket. Along with helping you get the best price, they can assist with date of possession and inclusion or exclusion of repairs, furnishings or equipment. The help of a Realtor will maximize your return and give you peace of mind.
8) Get the best information on financing options
A Realtor can help you understand the various financing options available and refer you to a qualified lender or mortgage professional/broker.
9) Know what government programs can help
Your Realtor knows the most current incentives and rebates that help home buyers. Government offerings on land transfer taxes, home buyer’s tax credits and buyer's plans for first time homeowners can help save thousands of dollars.
10) Help you work with the best partners
Finding the right real estate lawyer, property inspector, tradesmen, movers and other service providers can be time consuming. A Realtor will have a list of people that they recommend, saving your time and money.