10 REASONS TO HIRE YOUR OWN PROFFESSIONAL REALTOR

We have heard the question, “Why should we hire a real estate agent?” If you are asking yourself this question, you should know some people do just fine without a real estate agent, many don’t. Before you enter into one of the largest transaction of your life, take two minutes to read the 10 reasons to use a real estate agent. It could save you from losing thousands of dollars.

1. Agents Filter out the Speculators and Bargain Hunters
A good Realtor will protect you from parties who are not always savory characters. At showings and home visits the Realtor will act as a buffer between you and the other party preventing over eagerness or any kind of intimidation. Speculators may try to take advantage of those who don’t have much experience with real estate transactions through the price, delaying closing offer, expensive terms, and not honestly prorating the escrow. If you bought a new home, your agent will keep the builder’s agent at bay. If you’re selling your home, your Realtor will try to target serious buyers only. The real estate agent weeds out the fluff and offers protection. Like a good doctor a stand-up Realtor should fight for your best interests and offer guidance through one of your largest transactions in your life.

2. Experience/Education
Using a Realtor will save you time. It takes a very dedicated, experienced, educated, agent to get your home sold today. You shouldn’t need to know everything about Real Estate if you hire a professional. It can be tough to find the right agent. For the most part they should all be similar in price. Why not hire the one with the more education and experience than you? Hiring a real estate agent will save you time.

3. Knowledge of Your Neighborhood
A Realtor can give you valuable insight into neighborhoods. If you are purchasing a home you know you’re not just purchasing a home but a neighborhood as well. A real estate agent can associate comparable sales and relay the details to you, besides pointing you in the right direction so you can find more facts on schools, crime, occupations, education level, and income. Realtor estate agents will also know of future developments and home sale info that isn’t available to the public.

4. Price Guidance
A Realtor will guide you through the process of setting a price. When you are selling your house it is crucial you choose the right price. Pricing it too low may encourage people to think something is seriously wrong with your house or losing money. If the price is too high it won’t attract buyers. A good Realtor will give you a very accurate price range for your home, based on recent real estate activity in the neighborhood, market conditions, and of course, the state of your home. The Realtor does not set the price of the home, contrary to what some people believe. However, the agent will guide you so that you can make the right decisions.

5. Current Market Condition Info
A Realtor knows the market conditions and can give you a better angle when buying or selling a home. Data such as average DoM (days on market), median and average sales price, the square foot cost of similar houses, number of houses on the market and more. The data can be overwhelming to sort through, even those starting in real estate investment often pay too much in their initial investment due to the lack of knowledge in estimating the current market value of the property. There is no one source or web page online for the info. There is no blue book value for houses. Each home is unique. The current market value of a property is a very effective tool a Realtor possess and you probably won’t.

6. Network
A Realtor can often get quicker sales and notify you of new listings. Let’s face it, Realtor are dedicated to building and maintaining professional relationships and when it comes to real estate, you probably don’t have the same size and quality of network. Because of their professional relationships, real estate agents can also be a powerful asset when choosing companies or individuals. Agents can provide background information and references allowing you to make an educated decision. Because of their network a good real estate agency will be able to notify immediately after new listings are on the market.

7. Trained in Negotiation Skills
A good Realtor will be a skilled negotiator. Owners may not be prepared to negotiate price, terms, amenities, and the personal items that will or won’t be included in the sale, especially if their emotional attachments get in the way. A good Realtor will be a skilled negotiator. They are trained to present their client’s listing in the best light.

8. Save You Time and Headache
A Realtor can help you with a lot of difficult paperwork. Unless you like handling volumes of paperwork, federally mandated disclosures and purchase agreements, the paperwork can be daunting. A real estate agent will guide you through the process. Making a mistake on the paperwork could cost you money or you could end up in court. In some states lawyers handle the disclosure.

9. Provide Guidance After the Sale
A Realtor is a life long asset even after the sale. After a closing complications can arise. Even the smoothest transactions that close without complications can come back to disturb.

10. Marketing
A Realtor will get your listing more exposure. When you are buying or selling you want to spread the word. Realtor estate agencies have many marketing tools in place to deliver your listing to strategic parties. Realtors not only market your listing to the public but also to other real estate agents. In markets across the nation, a little over 50% of real estate sales are cooperative, a real estate agent other than the one you selected finds the buyer. So in essence the Realtor acts as a marketing coordinator by entering your listing into the MLS (Multiple Listing Service) .
Author Resource:- Jeff Torf
Article From Real Estate Pro Articles

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Frank Gleason
SOUTHERN HOMES REALTY
205 572-2557

The Current Reverse Mortgage For the Senior Age 62 or Older

It has come to my attention over the past month that the negative connotations associated with a Reverse Mortgages deserves another look.

Most people don't realize you can actually purchase a new home with a Reverse Mortgage product. It is an FHA loan Federally insured and has very similar features to a normal FHA loan. The huge difference is a Reverse Mortgage it is not a credit or income based loan.

Closing Costs are similar to a normal FHA loan. It can be an adjustable rate or fixed rate. The net proceeds can be taken as a lump sum or monthly payment or a combination at closing.

The clients age and the FHA property appraisal will determine the down payment required, the older the client, the less will be required.

This purchase will have to be the primary residence of the client. It allows them to keep the bulk of their savings and investments in place while giving them an extra income from the loan proceeds.Best of all they have No house payments on their Reverse Mortgage purchase ever.

Please contact me through my profile link if you'd like me to help you learn more about the Reverse Mortgage process.