In this ever-evolving age of technology in real estate, it may seem logical to think you have no need for a realtor when buying or selling a home. Although you may think a do-it-yourself approach to real estate is the path for you, the following are five reasons why using a realtor will pay off BIG in the end:
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Education, Licensure & Experience
A Realtor is a licensed real estate professional who belongs to the National Association of REALTORS®(NAR). As such, a realtor has knowledge of state laws, regulations, and requirements for each state they retain a license. This education, licensure and experience proves invaluable when faced with the home buying and/or home selling process. One of the biggest assets of partnering with a valued realtor is their industry experience. Avoiding common real estate mistakes can save buyers and sellers unneeded frustration and money. According to the NAR, 68 percent of REALTORS® are licensed as a sales agent, 20 percent hold a broker license, and 13 percent hold a broker associate license.
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Procedural & Financial Expertise & Accountability
Even the smallest of real estate transactions include complex paperwork and processing. To be able to experience a smooth and successful real estate outcome. This processing needs to be correct and completed on time. This is another area you can count on an experienced realtor to accurately process contracts, legal disclosures, inspection reports, and more. Missing such integral information can delay or even stop the completion of a real estate transaction.
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Negotiating Experience
When it comes to getting the best financial deal on your new home, or selling your current home for the best price, having an experienced realtor on your side is the smartest decision you could make. Having been through the real estate negotiation process before, a great realtor will guide you toward the most optimal listing or sales price by using professional real estate negotiating tactics. This is something not all of us DIY-types have done previously. This is also not an area new home buyers and home sellers want to fall flat on. Our best advice? When choosing a realtor, interview more than one. Review years of experience, type of experience, and level of real estate commitment before committing to a mutual partnership. Taking the time now to do your due diligence will pay off later.
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Real Estate Research & Market Value
Even with all this technology at our fingertips, home market values are generalized on popular real estate websites, such as Zillow or Trulia. Using these online tools can give you a broad area to start ball-parking home values, but to get a truly accurate home value estimate, calling an experienced realtor is the best way to accomplish that. Realtors have access to the most up-to-date and accurate home sales information, which is vital when determining market value for a specific property.
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Real Estate Networking & Convenience
A core part of a great realtor’s job is networking with clients, other realtors and brokers, and other industry-related professionals. Partnering with a realtor who associates with a large network of people is highly beneficial when trying to both buy or sell a home. From showing and staging homes, to finishing home improvements and performing home inspections, a great realtor will offer you the convenience of their contacts, as well as use their network to help accomplish your overall real estate goals. This can be especially helpful when relocating to a region where a home buyer or home seller could have few contacts themselves.
Meet Noonan Lombardi Realtors
Noonan Lombardi Realtors operates one of the most successful real estate brokerage teams for home sales, property management and rentals in Rhode Island, Connecticut, and Massachusetts. This teams advertising and social media presence are second to none, giving each client the backing of exceptionally experienced realtors waiting accomplish all client’s real estate needs. Using top-of-line technology and resources to make property dreams come true, Noonan Lombardi Realtors strive to meet all client real estate goals daily.
A great and successful real estate search starts with options! At NoonanLombardiRealtors.com your real estate search can include all Rhode Island, Massachusetts, and Connecticut live MLS real estate listings. As one of the rare few brokerage groups across the country to invest in adding the MLS search their own website for the convenience of all potential clients, Noonan Lombardi Realtors is working to save each client precious time. Explore what Noonan Lombardi Realtors can do for your real estate experience today (401) 580-8672.