Buying and selling a home is a momentous task and a realtor can help you find the right home or help you sell your home fast. The use of a realtor is a necessity if you are buying a home or selling one. Realtors have all the skills and connections to make the process less complicated.
Finding a realtor is just as important as selecting the right home. You wouldn’t just select anybody to be your attorney or doctor, right? Same thing with realtor, you shouldn’t also take the picking of realtor flippantly. It is paramount to find a realtor that you can work with and can trust to negotiate on your behalf to buy your dream home.
Now, if you are planning to sell your prized possession, your home. You should also work with a realtor that would sell your home to the right buyer and will market it according to the terms you both agreed. Selling a home is also a big step, same with buying and so you need a realtor that will make everything a walk in the park.
Why Use A Realtor
Selling or buying a home is not easy, there are a lot of things you need to do and prepare to make the process less complex. After all, a home is one of your most prized assets, in terms of financial value. If you are in the business of selling products, bear in mind that the house is not the same as shoes or whatever you are selling. There are repairs and papers that need to be taken care of especially when a buyer intends to buy the house under a financing scheme.
A realtor with extensive training and know-how can generate the best results. So, you should only sell your home when you have a professional realtor that will work on your behalf. In fact, it is unwise to start selling your home when you don’t have a realtor that will iron out the details. It may be tempting to act as a realtor of your own home because you want the highest return from the sale of your house and desperate for money. Still, the right realtors can sell your home fast. They have access to portals that give out information of properties to thousands of home buyers across the country. Furthermore, they have marketing programs that could speed up the sale of your home.
Now, if you are buying a home, you still need a realtor so you can have plenty of options to choose from. Remember, realtors have access to listings of home for sale in Los Angeles and other areas. Realtors can also give advice on the right things to do. They even help buyers come up with the right offer and refer them to banks that will provide a letter of credit people need to make an offer.
There are lots of things a realtor can do for buyer and seller of homes. So, whether you are a buyer or a seller you can benefit from having a realtor.
Who Pays Commission or Fee to Realtors?
Sellers are the ones that pay a fee to realtors, not the buyers. But, agents or realtors do not get paid until the home is sold or the deal consummated. Once the deal is done, if you are a seller you pay the agreed fee to close the transaction. The transaction is not done until you the seller, pays the realtor.
It Is Beneficial to Use Two Agents?
No, whether you are a buyer or seller, you only need to work with one agent. For buyers, keep in mind that all realtors use the same information. That’s why, it is not sensible to use two agents or realtors as you will not gain anything from it but just problem. Please understand that most realtors access the same information. Most realtors get information from the same source. So, there is no need to use two agents when you can get the information you need just by talking to one agent.
Yes, it is true that some realtors have listings of homes not available for public consumption. But finding a realtor with pocket listing is almost like searching for a needle on a haystack. So, the time you will spend searching for such realtor is best used to prepare yourself to the process of buying a home.
If you are a seller, you cannot deal with different agents. There is a contract or listing agreements that will bind you to a realtor that will sell your home. Once you sign up a realtor for your home, expect them to discuss the listing agreement including the fee you will pay.
Is it Possible to Go Through the Listing?
Yes, it is possible for buyers to go through the listing agents directly. You can even search the internet for homes for sale, but every home you will find is definitely on the list of realtors or they know about it.
Searching online for properties is something you can do, anytime. But why waste your time finding homes for sale on the internet when you can just call a realtor who will present an accurate listing. The internet is full of properties for sale, but some of the properties posted on the internet are no longer available.
Many people are now advertising their home on the internet to save money from paying realtor’s fee. If you are a buyer, you will be seeing a lot of homes for sale posted online by people who do not bother to update their post. That’s why, many properties already off the market still posted online. Finding such properties is a waste of your time. It is also a waste of time to talk to several realtors that most likely would just present you with similar listing.
Buying and selling a home is a serious matter, it is why finding a realtor that you can trust is vital. You will have an easy time whether you are buying or selling a home as the time consuming process already done by a realtor.