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Do I Need a Realtor® ?  

CAN A REALTOR REALLY EARN HIS KEEP SELLING YOU PROPERTY?  When you're ready to think about selling your property, you need to ask yourself the following questions: Do you have the time, energy, sources of information, and contacts to do the job yourself? If you were one of the 'do-it-yourself' people, would the results be as good or better than they would be if you had professional assistance? Would it have gone smoother? Would it have given you more personal time? Would you have sold for more if a REALTOR®  was involved? Read the following information and learn how a REALTOR® can help you understand everything you need to know about a real estate transaction.

PRICING:  This process generally begins with a determination of a reasonable asking price. Your REALTOR® can give you up-to-date information on what is happening in the marketplace and the price, terms, and condition of competing properties. These are key factors in getting your property sold at the best price, quickly and with minimum hassle.

MARKETING:  The next step is a marketing plan. Often, your REALTOR® can recommend repairs or cosmetic work that will significantly enhance the salability of the property. Marketing includes the exposure of your property to other REALTORS and the public. In many markets over 50% of real estate sales are cooperative sales; that is, a REALTOR®  other than yours brings in the buyer. Your agent acts as the marketing coordinator, disbursing information about your property to other REALTORs® through a Multiple Listing Service or other cooperative marketing networks, open houses for agents, etc.

Advertising is part of marketing. The choice of media and frequency of advertising depends a lot on the property and specific market. For example, in some areas, newspaper advertising generates phone calls to the real estate office but statistically has minimum effectiveness in selling a specific property. Overexposure of a property in any media may give a buyer the impression the property is distressed or the seller is desperate. Your REALTOR®  will know when, where and how to advertise your property.

There is a misconception that advertising sells real estate. The National Association of Realtors studies show that 82% of real estate sales are the result of agent contacts through previous clients, referrals, friends and family, and personal contacts.

SECURITY:  When the property is marketed with the REALTOR's® help, you do not have to allow strangers into your home. REALTORS will generally pre-screen and accompany qualified prospects through your property.

NEGOTIATING Your REALTOR®  can help you objectively evaluate every buyer's proposal without compromising your marketing position. This initial agreement is only the beginning of a process of appraisals, inspections, and financing - a lot of possible pitfalls. Your REALTOR®  can help you write a legally binding, win-win agreement that will be more likely to make it through the process.

MONITORING, RENEGOTIATING AND CLOSING:  Between the initial sales agreement and closing (or settlement), questions may arise. For example, unexpected repairs are required to obtain financing or a cloud in the title is discovered. The required paperwork alone is overwhelming for most sellers. Your REALTOR®  is the best person to objectively help you resolve these issues and move the transaction to closing.

WHY A REALTOR® All real estate licensees are not the same. Only real estate licensees who are members of the National Association of Realtors are properly called REALTOR®. They display the REALTOR "R" logo on the business card or other marketing and sales literature. REALTORs® are committed to treat all parties to a transaction honestly and fairly. REALTORS subscribe to a strict code of ethics and are expected to maintain a higher level of knowledge of the process of buying and selling real estate. An independent survey reports that 84% of home buyers would use the same REALTOR® again.

USING A REALTOR®  You Be The Judge!:  Real Estate transactions involve one of the biggest financial investments most people experience in their lifetime. Transactions today often exceed several hundred thousand dollars. If you had a $200,000 income tax problem, would you attempt to deal with it without the help of a CPA? If you had a $200,000 legal question, would you deal with it without the help of an attorney? Considering the small upside cost and the large downside risk, it would be foolish to consider a deal in real estate without the professional assistance of a REALTOR®!

The information contained herein is believed to be correct, but is subject to errors, omissions, and changes. Century 21 Real Estate Corporation © and SM Trademark and Servicemark of Century 21 Real Estate Corporation.  Equal housing opportunity.  Century 21 Smith and Associates, 14235 Blanco Road  SA, TX 78230 210-408-1177