Let me ask you a question. Have you ever tried to sell a home or purchase a building without a realtor? Seriously. Have you ever tried to complete this process on your own? If you have, then you know how difficult this is to do. Unless you have knowledge, experience, and understanding of how the real industry works; chances are you needed help to market your property.
Having a realtor to assist you in the buying or selling process is essential for you to make a purchase or sale of property. Here is a description that will help you to understand why you need a realtor to aid you with the marketing of your property.
Realtors have Access
Realtors are a part of the real market and their involvement with this market gives them access to resources and information that most people do not have. A realtor can list your property in a database known as the Multiple Listing Service.
This service is valuable because it connects properties to other realtors or potential clients who are looking to purchase or sell a property. This listing saves time and money for buyers, and it helps realtors to quickly turn over properties within as little time as possible.
Local realtors know that there will always be somebody in the market loo king for the type of property that they are trying to acquire or get rid of. So, the listing service is a great tool that will give them the edge over you or me when it comes to selling properties.
A Realtor knows the Market
Most people might be aware if a lot of individuals are purchasing homes or not but they just do not know to what extent. A realtor will usually have first-hand knowledge about housing or commercial markets. They will be able to use this knowledge to provide you with the best position to buy or sell a property.
Can you negotiate like a realtor?
Are you able to negotiate a deal on a property like a realtor? Do you know the ends and outs of the business as a realtor? The fact is that many people just do not have a clue about all of the many different intricacies that are involved in closing a deal.
Closing on a property is a tricky business, and a realtor is best suited to know what to do and what to expect. People who do not understand this point will probably not be able to sell or purchase a property. If they can, they will probably shortchange themselves within the process.
A Realtor knows the Legal Side of the Housing Business
Realtors are usually aware of the laws surrounding the marketing of properties. Regular people who are not a part of the business usually do not. So, you can “sell your property on your own, but you better make sure that you are doing so in a legal and ethical manner.” says Kim Whittall of Whittall Vancouver Real Estate.
Housing laws are in place to protect buyers and sellers from bad practices which permeate the business. If you are not aware of them or are unsure about what would constitute’s a good sale, then you should leave it up to a professional to handle this situation for you. Do you know what the laws of the City of Port Moody are better than a Port Moody real estate agent, I think not. Ultimately, a realtor will just save you a bunch of headaches, grief, problems, time and money. So, you probably should make sure you hire one before you buy or purchase your next property.