DoYou Need a Professional to Sell or Buy a Home?

In this blog from Keeping Current Matters Current, the article talks about if you should sell your own home or buy your own home.  Well, it is more than just being able to negotiate.  A true Real Estate Professional knows the contract inside and out of the real estate contract, they know what area’s make the most mistakes. 

Like for instance, your inspection period, did you know that you can negotiate a different timeframe?  When is it best to have a longer timeframe or a shorter timeframe for an inspection?  What about the part of the contract where it talks about the financing?  Do you know when the buyers lender needs to have the loan docs to title to be able to close on time?  And Do you know if you are in a state where you need to fund and record?  Or do you live in a state where you do not have escrow?  Most out of state buyers do now know that funding and recording sometimes are on two separate days. (talking Arizona real estate contracts)  How often should you check the buyers lender and get what’s called an LSU (Loan Status Update). 

If you do consider selling your own home, how would you get it in all the real estate websites like Realtor.com, Trulia, MLS, and many more?  If you are buying your own home without a Real Estate Professional do you know how much earnest deposit to put down?  Do you know when it refundable and when it’s not? 

These are just a few of the items your Real Estate Professional will help you with.  If you have any questions or need a free Comparable Market Analysis of what your home is really worth, or if you need a Comparable Market Analysis of a home you are considering buying and do not have a Real Estate  Professional to guide you on what to buy the home for, call me, Lydia Wietsma your Real Estate Professional with Red Brick Realty, LLC

HiResMany people ask us whether they should hire an agent to sell their home or whether they should first try as a For Sale by Owner (FSBO). In today’s market, we believe this is an easy decision: you need an experienced professional!

You need an expert guide if you are traveling a dangerous path

The field of real estate is loaded with land mines. You need a true expert to guide you through the dangerous pitfalls that currently exist. Finding a buyer ready, willing and able to pay fair market value for your home at a time when lending standards are so stringent is not an easy task. Finding reasonable financing can also be tricky when interest rates are volatile like they have been over the last several months.

You need a skilled negotiator

In today’s market, hiring a talented negotiator could save you thousands, perhaps tens of thousands of dollars. Each step of the way – from the original offer, to the possible re-negotiation of that offer after a home inspection, to the possible cancellation of the deal based on a troubled appraisal – you need someone who can keep the deal together until it closes.

Realize that when an agent is negotiating their commission with you, they are negotiating their own salary; the salary that keeps a roof over their family’s head; the salary that puts food on their family’s table. If they are quick to take less when negotiating for themselves and their families, what makes you think they will not act the same way when negotiating for you and your family? If they were Clark Kent when negotiating with you, they will not turn into Superman when negotiating with the buyer or seller in your deal.

Bottom Line

We believe that famous sayings become famous because they are true. You get what you pay for. Just like a good accountant or a good attorney, a good agent will save you money…not cost you money.

Remember this is the largest investment you will buy or sell, do it right the first time and don’t loose money or leave money on the table.  Call, email, or fill out the form below with any of your Real Estate questions.  No question is too silly and you won’t be bombarded with excess junk mail, just really good advice.

 

 

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