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Why use a REALTOR? |
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As a seller: If you sell your own home you must... Clean it up in preparation for showing and advertise it in the local newspaper. Wait at home to take calls, answer questions, schedule appointments and show the property to all prospective buyers. Hire an attorney or closing agent to draw the contract, explain your obligations and assist in title examination and provide closing services. |
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If you use a REALTOR, he/she will... Assist you in determining a fair market analysis for pricing your home. Give suggestions to improve the saleability of your home. Advertise your home in print and on the Internet. Screen prospective buyers and show only to qualified buyers. Follow up on showings. Negotiate offers. Coordinate closing with lender and closing agent. Draw up the necessary documents and be present at closing. |
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Studies of sales by owners demonstrate that most sellers will use a REALTOR in the future. Because a REALTOR has information to get a seller the highest possible price in the least amount of time, net cash proceeds received by sellers are not significantly different then when a commission is paid. Also, Buyers often expect Sellers to lower the price when there is no commission paid. |
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As a Buyer: If you intend to search yourself... Read classified ads regularly. Attempt to contact sellers to see the property. Make an offer. Find financing. Hire an Attorney to read the contract, explain obligations, assist with title examination and provide closing services. |
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If you work with a REALTOR, he/she will... Explain the complex terms and practices of real estate. Help determine the type of home that is right for you. Screen all properties available. Arrange appointments for only the suitable properties. Provide detailed information. Provide market analysis. Negotiate contracts. Estimate closing costs. Provide a list of experts to assist you in financing. Attend closing with you. |
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David Marhula Realtor / Broker |
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