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Why Pay a Real Estate Commission? |
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The following is taken from a flyer that First American Title Insurance Agency has provided for real property buyers and sellers. If you have any questions, please let me know.
Homeowners attempting to sell their home without the assistance of a real estate professional, generally do so for one reason: to avoid paying a commission fee. Is it worth it? Only the homeowner can answer that, but experience has shown that many FOR SALE BY OWNERs find that it's not. Before making a costly mistake, consider the benefits, from A to Z, that you received from working with a licensed real estate professional.
- Advertising - The agent pays all advertising costs.
- Bargain - Research shows that 77% of sellers felt their commission was "well spent".
- Contract Writing - An agent can supply standard forms to increase the speed of the transaction.
- Details - An agent frees you from handling the many details of selling a home.
- Experience and Expertise - In marketing, financing, negotiations and more.
- Financial Know-How - An Agent is aware of the many options for financing a sale.
- Guesswork - A real estate professional can help you understand real estate terminology.
- Homework - If you have a real estate question, an agent will know (or get) the answer.
- Interest - Your real estate agent always has your interest in mind.
- Juggle Showings - An agent will schedule and handle all showings.
- Keeps Your Interest in Mind - It's a Real Estate Agent's job!
- Laws - A real estate professional will be up to date on the real estate laws that affect you.
- Multiple Listing Service - The most effective means of bringing together buyers and sellers.
- Negotiations - An agent can handle all price and contract negotiations.
- Open Houses - A popular marketing technique.
- Prospects - Agents have a network of contacts that can produce potential buyers.
- Qualified Buyers - Avoid opening your home to "curiosity seekers".
- Realtor - An agent who is a member of the National Association of Realtors subscribes to a strict code of ethics.
- Suggested Pricing - An agent will do a market analysis to establish a fair price range.
- Time - One of the most valuable resources from an agent.
- Unbiased Opinion - Most owners are too "emotional" about their home to be objective.
- VIP - That's how you'll be treated by your agent!
- Wisdom - A knowledgeable agent can offer the wisdom that comes with experience.
- "X" Marks the Spot - An agent is right there with you through the negotiations and signing of documents.
- Yard Signs - An agent provides a professional sign encouraging serious buyers.
- Zero-Hour Support - Selling a home can be a difficult and emotional experience. An agent can help.
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