What do Realtors actually do?
Realtors wear many hats, but by far the most important is that realtors take care of their clients and makes sure you are not taken advantage of. To avoid the complexity of legal relationships and contractual obligations the best way to explain a Realtor’s purpose is by association. If you found yourself on either side of a legal proceeding, would you hire a lawyer? Would it be in your best interest to have someone who knows the ins and outs of law by fighting for you and advising you on what is in your best interest? The answer is most likely yes.
Realtors are like lawyers but specifically towards trades in Real Estate. When you choose to use a Realtor, regardless of whether you are a buyer or seller, that realtor has a legal duty to act in your best interest. This includes ensuring you have all information that could affect a trade, ensuring you are aware of a fair current market value of property, negotiating on your behalf to get you the best price, and ensuring your legal interests are not compromised. Basically, aiding you in the biggest transactions in your life.
Buying a home in Golden
Buying a house is the biggest investment most people will ever make and, unlike other purchases, there are no refunds. Using an agent offers you an extra level of care and protection. Someone is now responsible in ensuring you make a logical and informed decision. Realtors sift through every detail of a property to ensure that a buyer knows what they are getting into. If a building scheme, zoning restriction, covenant, encumbrance, or past damage could affect your intended use of the property it is your Realtor’s job to find out.
An added bonus: Sellers usually pay the Realtor fee! As a buyer, there is no downside to having an agent.
Selling a home in Golden
Most sellers are unaware of the legal obligations that they owe to a buyer. In trades in real estate certain disclosures must be made and if a seller fails to do so they open themselves to potential lawsuits. As the adage goes: An ounce of prevention is worth a pound of cure.
Not to mention selling any form of Real Estate can be stressful and exhausting. Deciding a fair price, staging, advertising, showing, and negotiating are all time consuming and take a lot of know how. If a seller prices their property too high, the property won’t sell, and erring in the opposite direction would be a shame. How can sellers make their unique family home appeal to the general public? What forms of advertising actually work? Your Realtor has the answer to these questions and will ensure you get the most value for your house without the stress and guessing.
One thing you might not know: Realtors pay out-of-pocket expenses for staging, advertising, legal research and their time spent selling your property. As a seller you only pay the set Realtor fee once your property sells! No extra costs for any extra efforts and no fee at all if your Realtor does not succeed in finding a buyer.