Hiring a real estate agent can be beneficial because they possess local market knowledge, expertise in navigating complex transactions, and strong negotiation skills, saving you time, stress, and potentially money.
When you're stepping into the world of home buying, having the right support makes all the difference.
As your agent, I understand the market thoroughly. I am well-versed in current market conditions, trends, and property values in your specific area, which can help you make informed decisions.
I help you discover the perfect home at a fair price. Because of my exclusive network with eXp Realty, I have insight into off-market homes, offering you a unique advantage in finding your dream property.
I understand the legal jargon, contracts, and procedures involved in buying or selling property, ensuring a smooth and efficient process. From negotiating deals to handling inspections and paperwork.
I make buying a home less overwhelming. I act as a liaison between you and other parties involved in the transaction, ensuring clear and timely communication. I take on the burden of finding properties, scheduling showings, preparing offers, and coordinating inspections, freeing up your time and reducing your stress.
I ensure you get the best value, avoiding unnecessary expenses and complications. As your professional Realtor, I am a skilled negotiator who can advocate for your best interests and help you secure the best possible deal. I know how to negotiate effectively, including price, contingencies, and closing dates.
One of the most significant risks of being an unrepresented buyer is the lack of legal protection. Real estate agents ensure that the transaction is compliant with local and state laws, protect your rights as a buyer, and navigate the maze of paperwork required in a real estate transaction.
Without an agent, you run the risk of missing critical details or failing to adhere to important deadlines which can result in a deal falling apart - or worse, a lawsuit.
The complexities of real estate contracts alone should give any potential unrepresented buyer or seller pause. The legal language in these contracts can be overwhelming, and without the guidance of an experienced professional, you might end up signing something that doesn’t fully protect your interests.
I not only help you understand these contracts, but also ensure that all the necessary forms and disclosures are completed accurately and on time.
The intricacies of contracts, disclosures, and legal paperwork can overwhelm even the savviest DIY buyer or seller. These aren’t just technicalities; they’re legally binding documents that, if mishandled, can leave you vulnerable to financial disaster.
Without the support of a real estate agent, you're essentially walking into one of the most complex and financially significant transactions of your life blindfolded.
You wouldn't draft your own legal contracts or attempt to navigate a lawsuit without a lawyer, so why take that kind of risk with one of the largest investments you'll ever make?
If you go at it alone, you're not just cutting corners, you're cutting out the most valuable asset you could have – an expert who knows how to protect your interests.
Being unrepresented makes it harder to write an offer, buyers don't have access to various forms and a listing agent that does not want to be in a dual agency transaction will be hesitant to furnish the buyer with the forms for fear it would be considered, in the buyers' mind, representation.
There is no negotiation and the bulk of what has to be done in a transaction is done by the buyer, and they have to be able to communicate with home inspectors, appraisers, lender, etc.
Buyers just really don't know what they don't know. And in real estate ignorance isn't bliss - it's expensive!
If you’ve got the same licensee representing you as the buyer and the seller, it becomes very problematic because it’s almost impossible to resolve those conflicts of interest.
And it really is not a good idea if you are a first-time home buyer. Not being familiar with the process and knowing the documents involved requires specialized individual representation.
First time home buyers just don’t have enough experience to make an informed consent to dual representation. Dual agency works better, the more experienced the buyer and the seller are.
Some Realtors prefer not being in a pure dual agency, (when the same licensee represents both the buyer and the seller) and see it as being problematic since most real estate errors and omissions insurance will not insure a pure dual agency transaction.
On the flip side if you are unrepresented and approach a listing agent about a home you want to buy, there is a good chance you will be asked to sign a dual agency agreement or disclosure. What does that mean? A listing agent represents the person who is selling their house and that listing agent works to get the best terms in the offer for their client - The Seller.
If you come along as a buyer, that listing agent, in many states in the country will say, "Sure, I will represent you." But remember, they already have a signed agreement with the person selling the house to get the best terms and the best pricing. And what you are agreeing to is limited services. They won't be able to advise you on price or on any home inspection repairs, so keep this in mind.
As a home buyer, you can choose to have full representation when purchasing your home.
Learn more about the Buyer Agreement by reading the consumer guide provided by NAR
It comes with significant drawbacks and risks, including a lack of real estate expertise, pricing errors, limited marketing exposure, negotiation challenges and legal complexities. That's why you need a Real Estate Agent.
Real estate transactions involve numerous legal documents and disclosures that must be completed accurately to protect both buyers and sellers. FSBO sellers may face legal risks if they fail to provide the necessary disclosures or make errors in the contract paperwork. This can lead to lawsuits or other legal consequences that could have been avoided with professional representation.
To gain insight, it’s helpful to understand what a real estate agent does and why you might want to hire one.
Just as you’d likely hire a licensed professional to make repairs to your home, hiring a real estate agent can help give you peace of mind and confidence throughout the selling process.
Generally, as the seller, your primary goal is to sell your home as quickly as possible at the best price so you can move on to your next place. However, a significant factor in making a quick sale is ensuring your house is appropriately priced for the market. As the homeowner, it’s easy to think you know what your home is worth, but there’s likely a bit of subjectivity that goes into your estimate. As a professional Realtor, I have a more fact-based process that involves pulling comparable recent home sales within a specified radius and reviewing your home against these to determine a fair asking price.
I can guide you in setting a competitive price that makes sense for the real estate market in your area.
Whether you’ve sold a home in the past or this is your first time, working with a Realtor can help you gain home selling knowledge that only an expert can provide.
Since a real estate transaction is one of the largest financial decisions you’ll ever make, it makes sense to leave the complexities to a professional to help ensure all goes smoothly.
That's where I come in.
As a seller, you can expect to pay a commission to your real estate agent at the closing. That factor alone is the reason behind many “For Sale by Owner” situations.
However, it’s worth noting that while it may seem like a way to save money on commissions, it often leads to lower sale prices and a more difficult process, potentially costing you more in the long run.
FSBO sellers, lacking real estate experience, may struggle with negotiations, potentially accepting lower offers or missing out on opportunities to secure a better deal. Navigating real estate contracts and legal processes without professional guidance can lead to costly mistakes and delays.
One thing most sellers wrestle with is whether they should tackle certain home improvement project before listing their home for sale. As your Realtor, I can offer advice that will help you make an educated decision before you invest in a big home project that may or may not pay off during the selling process.
One of the biggest challenges of selling a home without a real estate agent is finding the best way to distribute your home listing to potential buyers. Advertising is a pay-for-play process, so selling your home on your own will require you to spend money up front in order to get your listing in front of as many eyes as possible. Working with a real estate agent provides your home access to the MLS, which is generally considered to be the primary system all real estate agents use to search for the most up-to-date home listings. MLS listings are what most buyers look at when searching for a home.
As a professional Realtor, I have valuable connections in the industry and eXp Realty offers access to handpicked resources that uphold to their commitment to excellence and client satisfaction.
Whether it’s putting you in touch with pros who can help with home repairs or simply sharing your listing with other real estate agents in my office who may have interested clients, I can offer resources that may be superior to tackling the process alone.
Marketing your home doesn’t begin and end with the listing. There’s much more that goes into it. I will be constantly marketing your home via my own websites, social media, videos, flyers and events like open houses.
Marketing your home on your own and scheduling home showings is time-consuming.
Speaking of time, selling a home requires a significant time commitment that most people simply don’t have. If you have a job or a family, it will be challenging to manage the entire selling process, from marketing your listing to scheduling showings and handling negotiations.
As your Realtor, I will take all those responsibilities out of your hands and allow you to focus on things like keeping your home show-ready and finding a new home to move into once your current home sells.
One of the trickiest, yet most important, aspects of the selling process is handling negotiations with potential buyers.
I will tackle negotiations professionally and work hard to sell your home for the maximum price and look out for your best interests.
Knowledge is Power
August 17, 2024 implemented changes in the real estate industry. Among the changes were required written buyer agreements. To help you understand what they are and why they are required, please review this consumer guide provided by NAR.
Give me a call if you have any questions or if you are ready to schedule a home tour 803-381-4489
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