Top Ten Reasons to Work with a REALTOR

When the economy is uncertain, consumers may want to try to save a few dollars by buying or selling a home without an agent. But, experts say, a slower market is actually the best time to have an experienced professional on your team. Here's why:

1. Real estate is one of the largest financial transactions you can make, usually dealing with hundreds of thousands of dollars. If you had a $100,000 tax or legal issue, wouldn't you work with a tax professional or attorney? Also, the other party in your transaction may have a REALTOR - shouldn't you have professional representation as well?
2. Difficult situations often arise in real estate transactions. Your REALTOR is involved with buying and selling real estate every day, and can provide invaluable advice if and when problems occur.
3. According to NAR's 2005 Profile of Home Buyers and Sellers, the home price for sellers who is an agent is 16% higher than those who don't.
4. Your REALTOR is an expert at marketing homes in your area. They know what does or does not work in selling homes like yours, and may be able to suggest repairs and cosmetic work that can increase the value of your home.
5. As a buyer, a REALTOR can help you analyze and understand market trends and recent sales to ensure that you pay the appropriate price for your new home.
6. Your REALTOR can save you time and money by coordinating inspections, appraisals, and contingency dates.
7. Your REALTOR can help you select the professional service providers you will need to complete your home sale or purchase (lenders, appraisers, title company, etc.) based on best value and best service.
8. The amount of paperwork involved in a real estate transaction can be daunting. Your REALTOR will help you write an offer or counterproposal, explain the legal implications of contract terms, and negotiate the contract on your behalf.
9. REALTORS network with other home-related service providers including decorators, contractors, and moving companies. They are a great source of trusted referrals before, during, and after your real estate transaction.
10. Your REALTOR will communicate with and for you, representing you with all other parties to the transaction. Coordinating deadline dates and activities is critical, as a missed deadline can result in the loss of your legal rights under the Contract.