Home Buying in 10960>Question Details

Mary Lovera, Real Estate Pro in Rockland County, NY

Why is it in a seller's best interest (or buyer's for that matter) to use a real estate professional instead of a "for sale by owner" website?

Asked by Mary Lovera, Rockland County, NY Mon Nov 4, 2013

For just that reason.... an experienced real estate salesperson is a professional. Sellers get qualified buyers, better & more effective marketing, higher offers, and much more. And these are just reasons that occur before contracts are signed. For buyers, especially first time buyers.... who would want to go through this process without trusted, experienced advice. The list goes on.....

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The seller's agent assesses the market sentiment, past sales, and supply and demand characteristics so that you can price your home optimally for a prompt sale. Marketing your property in the MLS, their website, their franchise company's website, and a multitude of other Real Estate related websites. The realtor helps the seller get broader marketing reach and exposure for their property. Studies have shown that homes represented by Realtors get premium pricing and sell in a more timely fashion.

For buyers, especially first time buyers, they walk the buyer through the very complicated process from home searching to closing. The realtor can be instrumental in getting buyers in to see homes, negotiate price and terms based on the current market conditions, evaluate the engineers report, and find an appropriate lawyer and mortgage professional. Since the buyer gets all this professional experience and knowledge without having to pay the realtor directly, why wouldn't the BUyer want this professionals assistance.

Maureen McEnroe
Licensed Real Estate Broker
Prudential Joyce Realty
914-588-1873
1 vote Thank Flag Link Mon Nov 4, 2013
LET A REALTOR BE YOUR GUIDE
• A knowledgeable Realtor can save you endless amounts of time, money, and frustration.
• A knowledgeable Realtor knows the housing market inside and out and can help you avoid the “wild goose
chase.”
• A knowledgeable Realtor can help you with any home, even if it is listed elsewhere or if it is being sold
directly by the owner.
• A knowledgeable Realtor knows the best lenders in the area and can help you understand the importance of
being preapproved for a mortgage. He or she can also discuss down payments, closing costs, and monthly
payment options that suit you.
• A knowledgeable Realtor is an excellent source for both general and specific information about the community
such as schools, churches, shopping, and transportation—plus tips on home inspections and pricing.
• A knowledgeable Realtor is experienced at presenting your offer to the seller and can help you through the
process of negotiating the best price. By bring objectivity to the buying transaction, he or she can point out the
advantages and the disadvantages of a particular property.
And the best thing about your Realtor is that all this help normally won’t cost you a cent. Generally speaking, the
seller pays the commission to the Realtor (but this may vary from province to province and state to state).
1 vote Thank Flag Link Mon Nov 4, 2013
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