Selling or buying a home is a huge undertaking that involves the biggest lifestyle and financial choices you will ever make. For you to choose wisely and ensure you secure a great deal in today's real estate market, you have to involve many specialists. A REALTOR® is one of these specialists who will make the transaction easier for you.
The Difference of a REALTOR®
Not all registered or licensed salespersons or brokers are REALTORS®. The agent has to be a member of the CREA (Canadian Real Estate Association) to become a REALTOR®. To be a CREA member, the agent is supposed to be:
- Actively updating education - Through workshops, courses, and other professional development, REALTORS® maintain a very high level of current real estate knowledge.
- Have Knowledge regarding developments in real estate - Your REALTOR® can get you any information that's needed for you to make an informed decision. This includes housing market conditions, neighbourhood trends, and comparable prices, and more.
- Access - A REALTOR® has access to the Board MLS® Systems, which is known to facilitate the cooperate properties sale to benefit consumers.
- Committed to the CREA's REALTOR® Code - This code is the affirmed standard of conduct for REALTOR® real estate practitioners. It is your guarantee of quality service and professional conduct.
Why Should I Use a REALTOR®?
Whether you are selling or buying a home, your REALTOR® will make sure the transaction is completed professionally and competently. You do not have to worry about any details, your REALTOR® will take care of them on your behalf. REALTORS® pledge to put buyers and sellers interests ahead of theirs an to always treat all parties honestly.
They Have Connections
REALTORS® always make it their mission knowing almost everyone who can help in the buying or selling process of a home. This includes interior designer, home stagers, home inspectors, real estate attorneys and mortgage brokers.
They've Bullish Negotiating Chops
When buying or selling a home, you will encounter negotiation, and since today's Canada real estate market heats up, these negotiations will get a little more heated.
Generally, you should expect a lot of competition, bidding wars, all-cash offers, and cutthroat tactics. A professional and savvy negotiator can help you seal the best deal. It is not about how much you'll spend or net. A REALTOR® will help in drawing up a purchase agreement that will allow enough time for contingencies, inspections and anything else that is essential to your needs.
They Have a Turbocharged Searching Power
You can find almost anything on the internet. You can even find the latest home listing. However, REALTORS® have access to more listings than you can ever find on your own on the internet. Sometimes properties can be available, but they aren't actively advertised. REALTORS® can help you find these hidden gems.
Additionally, a good REALTOR® will know the search area better than you. If you have interested in a particular neighbourhood but it is out of your expected price range, a REALTOR® is equipped to know all the ins and outs of all the neighbourhoods, hence they can direct you towards a particular home that's in your price range, which you may have missed.
REALTORS® Have Lots of Expertise
Real estate has a different language that full of semi-arcane jargon and acronyms. REALTORS® are trained to speak this language fluently. Furthermore, selling or buying a home often requires numerous forms, disclosures, reports, and other technical documents. A REALTORS® has the expertise of helping you prepare a good deal while avoiding costly mistakes and delays that can end up messing you up.
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