Property Networkers

Consulting a REALTOR®

The following is a list of services you can expect to receive from a REALTOR® when you buy a home:

• A REALTOR® will fully explain the details of your working relationship (called "agency") so that you are clear as to when a REALTOR® is working for you or for the seller.
• A REALTOR® has access to hundreds of current listings of homes for sale because of a co- operative system called the Multiple Listing Service® (MLS®).
• A REALTOR® can provide you with a customized list of homes that best meet your needs -- size, style, features, location, proximity to schools, shopping, etc. - and then make arrangements for you to view those homes that appeal to you the most.
• REALTORs® are familiar with the local lending market and can offer helpful advice.
• A REALTOR® has no emotional ties to any type or style of home and can be objective in pointing out the merits of one home over another.
• A REALTOR® can assist you in negotiating the terms of your purchase.
  
• A REALTOR® can advise you of the legal process required in obtaining title and taking possession of your property; the costs associated with buying a home such as insurance, mortgage registration and legal fees will be explained in detail.

Selling Your Home - Why it Pays to Use a REALTOR®

Greater exposure

REALTORS® use the Multiple Listing Service® (MLS®) to give your home maximum exposure. MLS® is a computer-based system that relays valuable information about your home to hundreds of REALTORS® and potential homebuyers.

Setting a price for your home is an important but difficult process. Again, this is where the services of a REALTOR® prove invaluable. REALTORS® have the experience to help you understand how the market works and decide upon a realistic price that meets your goals. REALTORS® also pre-screen potential buyers to make sure only those who are serious and financially qualified view your home.

REALTORS® will also develop a marketing plan to help your property receive maximum exposure. This will likely include placing your home on the MLS® system and placing a "For Sale" sign on the front lawn. The plan will likely also include arranging open houses for other REALTORS® and potential buyers, and developing advertisements and feature sheets/mailers to market your home.

Once you have accepted an offer to buy your home, your REALTOR® will help ensure that all the proper paperwork is completed. He or she will also make sure that both parties meet the necessary conditions outlined in the agreement.

When you work with a REALTOR® you will likely get a better price for your home than if you try to sell it yourself. Apart from the financial benefits, however, there is an extra measure of comfort and security that comes from having a REALTOR® on your side. Remember that REALTORS® are governed by a code of ethics and standards of business practice.  When it comes to buying or selling property, using a REALTOR® just makes sense.