The buying of real esate is the largest financial investment many people make. Whether buying for the first time or selling a family estate, Realtors take a complicated maze of requirements and, with knowledge of the local real estate market, simplify the process. They also maximize the profit. Realtors uniquely understand legal issues that affect real estate transactions, and they are trained to negotiate the best possible prices and terms in the contract. Perhaps more importantly, they offer professional advice and objective insight into a process that, for many is very emotional.
Why a Realtor?
On the nuts-and-bolts level, Realtors have a complete list of area homes for sale, as well as all the data buyers need to know, they stay abreast of changing market conditions that can affect local real estate prices. Realtors can also recommend reliable local lenders, real estate evaluators and insurers to help the transaction process proceed smoothly.
Realtors adhere to a strict code of ethics approved by the National Board of Realtors (NAR). The code assumes that people conducting a real estate transaction must adhere to a higher set of standards than those prople working in other business arenas. Realtors are, according to the Realtor Code of Ethics and Standards of Practice, "zealous to mantain and improve the standards of their calling."
A Realtor has access to the Multiple Listing Service and the tools therein to access current and past listings and transactions. These are invaluable aids to guide buyers and sellers achieve a fair market value for the property they are interested in either buying or selling.