Have you ever asked yourself if you need a REALTOR when selling your home?
You’re an intelligent, well-informed, resourceful person, so you might be thinking that selling your own home is a good way to save money. Before you try selling your home yourself, however, consider a couple of questions. If you had cavity, would you treat your tooth yourself or hire a dentist? If you were facing life in prison for a crime you didn’t commit, would you defend yourself or hire a lawyer? If you chose to hire professionals in those situations, why would you trust a huge financial transaction like selling a home to anyone but an experienced professional? (With that being said, we acknowledge the apparent bias of REALTORS telling you that you need a REALTOR. Even if we 100% believe it to be true!)
Realtors Can Tap Hidden Information and Resources
Lots of information about the real estate market is available in newspapers and online, but there are a variety of hidden factors that affect selling your home that are only visible to professionals who work in the market day after day. If a REALTOR doesn’t know something specific, they know someone else in the profession that does. In order the get the price for your home that you truly deserve, you’ll need the information that Realtors have that may not be available to you.
Realtors Have Expert Negotiating Skills
Negotiating the price of a home isn’t quite the same as getting a good deal on a used car or television. When large sums of money are involved with selling your home, people’s fears and anxieties emerge in strange ways, but Realtors have enough experience working with buyers to know what makes them tick. A Realtor will both know what to say and what not to say to get a buyer to move in the direction you want.
Realtors Understand the Complexities of Closing
Selling a home involves a wide range of complex documents and contracts that require specific information and timing. A single piece of missing data can prevent a sale from closing, and even non-stop studying of regulations and guidelines is unlikely to give you all the knowledge you need regarding inspections, deeds, warranties, contracts, and other documents. A Realtor can make sure all your papers are in order on your side of the transaction. There’s no price you can put on your peace of mind during the process of buying and selling homes.
Whether you’re selling a modest single-family home or a luxurious estate, a Realtor will provide support and guidance that simply isn’t available from any real estate book, magazine, or Internet search engine. Realtors operate on a strict code of ethics. You can even look up REALTORS through the Real Estate Council of Ontario (RECO) and see if any of them have had any ethical breaches. It’s all public information.