Why you need a Realtor® on Your Side

Sure, some people can, and do go it alone, when buying and selling homes.  If you're savvy enough to navigate the occasionally murky waters of the real estate transaction, then more power to you.  But particularly, for first-time buyers, the value of an experienced Realtor is immeasurable.  A Realtor's role extends far beyond just finding a buyer, or a nice house in a good neighborhood.  In many cases, your Realtor is there to provide a reality check and to handle the tough negotiations involved before closing.

Among a Realtor's areas of expertise are:

Advertising properties both to other Realtors and prospective buyers on the MLS, as well as through other local and regional media;

Creating marketing strategies to sell properties, based on accurate information and research about each property;

Holding and supervising open houses in various properties on the market;

Offering recommendations and information about various neighborhoods and properties that fit within a buyer's price range and individual preferences/lifestyle needs;

Draw up an estimate of the market value of the seller's home;

Drawing up the contract and negotiating its terms;

Providing guidance to buyers seeking financing;

Coordinating and handling all issues related to the inspection;

Coordinating appraisals and contingency dates;

Negotiating offers and counteroffers;

Screening prospective buyers and reviewing their offers before an acceptance by the seller;

Assisting the seller when there are contract contingencies.  For example, furnace repair, new carpet installation, etc. are required;

Coordinating details of the closing day.

While some sellers choose to "go it alone" in order to avoid having to pay a real estate commission, if you don't know what you're getting into, the results could be far more costly than the commission.  In fact, a commission is really the price you pay for peace of mind.  And for buyers, a Realtor eliminates much of the legwork involved in finding your next home.  The process is much like finding a needle in a haystack, which is why it's so critical to find yourself an experienced Realtor who possesses an intimate knowledge of the local market conditions and properties which represent a good investment.