IF YOU ARE WORKING WITH A REALTOR® TO FIND YOU A PROPERTY, BE SURE TO COMMUNICATE WITH YOUR AGENT AND SHARE WITH HE/HER IF YOU ARE INTERESTED IN A PROPERTY THAT IS LISTED FOR SALE BY THE OWNER. 9 OUT OF 10 TIMES THE OWNER WILL BE MORE THAN HAPPY TO ALLOW YOUR REALTOR® TO SHOW THEIR PROPERTY TO YOU.
WHY LIST YOUR HOME WITH A REALTOR®
- Realtors® add value to the real estate transaction; they can expose homes to more buyers and save owners time and money throughout the home selling process.
- Realtors® sell hundreds, if not thousands, of homes over the course of their careers, compared to the average person who may only move a handful of times during their lifetime. Realtors® have the experience homeowners need to sell their home.
- Selling a home is a full-time job. Unrepresented sellers often don't understand the complexity, range and timing of tasks they'll have to perform. In a competitive market, sellers need every advantage they can get.
- On the open market, today's sellers have to compete with short sales and foreclosures as well as other homeowners who may be trying to sell their homes.
- Managing the appraisal process, inspections and buyer qualifications has become more complicated in a tougher credit market, adding to the already intricate transaction process.
- Realtors® are real estate professionals who are experts in marketing and negotiation, as well as understanding local market conditions.
- Most people know that using a Realtor® is a smart selling decision. Pure "For-Sale-By-Owner" transactions — where the seller did not know the buyer — remain historically low at 6 percent, according to the 2009 NAR Profile of Home Buyers and Sellers.
- Selling a home is a full-time job. Unrepresented sellers often do not understand the complexity, range and timing of tasks they will have to perform if they don't use a real estate professional.
- Most of today's buyers are online — nine out of 10 recent buyers used the Internet in their home search — and unrepresented sellers have no access to major online marketing avenues such as REALTOR.com and other Web sites with large pools of listings to which buyers are attracted.
- Unrepresented sellers have no access to fundamental marketing services, such as a Multiple Listing Service, and cannot list their homes there.
- Although there are sites that cater to unrepresented sellers, their total listings are in the tens of thousands in contrast with nearly 4 million homes showcased on REALTOR.com.
- In addition to today's challenging marketplace, owners who try to sell their homes on their own face the increasing complexity of the transaction process, with more disclosures and legal requirements than ever before; often underestimate the amount of time required to market and show their property; often overestimate the value of their property; and must deal with security concerns about strangers having access to their home.