1. Paperwork Prowess
Real Estate transactions are document heavy. They involve contracts, disclosures, waivers and more initials and signatures than you care to imagine. Let a Realtor tackle the paperwork for you. They are familiar with the documentation and terms used which can be an enormous help and can also save you from costly mistakes as a buyer or seller. Realtors have extensive knowledge on how to write up offers with conditions and terms to protect and benefit their clients based on their needs. They are also better equipped to help advise client on if and when any conditions can be lifted.
2. Pricing Expertise
Realtors have access to the data, education, tools and experience needed to best advise on home values for both sellers and buyers. They look at market trends, comparable pricing, housing market conditions and how different neighborhoods hold value when advising their clients. This unbiased information is crucial when making an informed decision on either selling or purchasing a home and for achieving successful results.
3. Industry Network
It takes a team of qualified professionals to ensure a real estate transaction goes smoothly. Realtors have an arsenal of reputable contacts in their back pockets to help with all aspects of a purchase or sale. Lawyers, Mortgage Professionals, Home Inspectors, Contractors, Home Stagers, Landscapers, Cleaners and Movers. I guarantee your realtor has someone they recommend with a history and track record of excellent service. Why gamble on a google search?
4. Professional Expertise and Ethics
Realtors must adhere to the Canadian Real Estate Association’s (CREA) rules, regulations and strict code of ethics. They are educated professionals and it is their duty to offer honest and ethical advice. There are serious repercussions should a realtor act in a way that is deemed unethical.
Realtors are constantly upgrading their skills and education. Many will have niche markets in which they are considered experts, specializing in things like acreages, condos or luxury homes. Most of us only purchase a few properties in a lifetime and this may be your largest investment. Working with a seasoned professional who facilitates hundreds of transactions and has industry education and experience only makes sense.
Cory Lewis
Mortgage Broker, Jencor Mortgage