Should I Use a REALTOR®?
Yes! Whether you are looking to buy or sell, having a real estate agent is very beneficial.
Did you know that using a real estate agent to help you purchase a home doesn’t cost you? You do not pay your REALTOR® when buying a property. The seller’s agent splits their commission with the buying agent.
Having an agent is valuable for helping you scout out the right properties for you. They have the tools and resources to gain access for viewings, property documents, and more.
If you are hesitant on using a real estate agent to list your property due to the cost, consider that you may end up selling your property for more by using a REALTOR®. It can be hard for owners to properly price their homes in consideration to the market. Real estate agents have access to comparables that have recently been listed and sold which they use to help determine what your property could be listed at.Listing your home for sale by owner also may not get the exposure that it would compared to if you used an agent. More exposure may lead to a quicker sale and multiple offers. If there are multiple offers, it is likely that your property will sell for over asking. Agents use their own money to advertise your property. It will be seen across social media platforms, Realtor.ca, and personal websites. Plus, they will put up a for sale sign in your yard to help create roadside attention. When an offer comes in on your property, they can advise you on what your best move is.
Having an agent will also help you avoid any legal pitfalls. There is a lot of paperwork involved in a real estate transaction.It is important to fill out the documents and disclosures with care. Real estate agents are educated to guide you in the right direction so you can avoid being held liable for fraud, negligence, or breach of contract. Agents are also continually upgrading their education on legal updates, ethical situations, and other optional courses. There are many different types of situations that may arise in a transaction and there is a good chance that your REALTOR®, or one of their mentors, has been in that situation and knows how to navigate you through it. It is worth using an agent solely to protect yourself against legalities.
If you don’t want to use a REALTOR® due to a past experience, that’s okay but not all agents are the same. Find an agent that works best for you. Talk to a few different ones to get a feeling of who you could envision working with throughout the transaction. Our job is to act in your best interest and achieve the results you want.