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A Realtor puts an extra layer of protection between you and the public. You want to avoid putting yourself in a position that increases your liability, which can be hard to do when you do not know the rules by heart. A good agent does, and automatically avoids statements or actions that increase risk to the seller. Most Realtors have a strong grasp of real estate terms to know when buying or selling a home. Many of these “terms” are things you could encounter during the home sale process. 7. There are costs involved in selling. Preparing and marketing your home is not free – at least not if you are doing it right. Experienced real estate agents already have established networks and business relationships that allow them to minimize the cost of selling. Because they do it for client after client, they can do it for cheaper. But you are doing it all on your own, which means it is going to cost you. One of the biggest benefits a real estate agent brings to the table is the vast network of other real estate agents through the multiple listing service.

Never discount how powerful this marketing channel can be! If you remember the paperwork you signed when you bought your home, you have a good idea of just how much documentation is involved. Real estate agents have systems in place to handle all of that paperwork – to make sure it is filled out correctly, at the correct time, and filed in a way that ensures closing happens when it should. They are there to ensure that the buyer is pre-approved for a mortgage so you don’t need to worry. A good agent can decipher a mortgage letter and let you know if it is worth the paper it’s written on. Over the years I have spoken to for sale by owner who didn’t realize there was a difference between a pre-qualification and pre-approval letter. There, in fact, can be a big difference! Real estate agents also tend to work with a team of people to close on a home, so there are a number of individuals, professionals, who are doing their part to accomplish a big task. But with FSBO, you do not have all that support.

You must take care of all of it yourself, which can be a significant undertaking. If you are dead set on trying to sell by owner just make sure you do your homework. Make sure your home is listed at the right price and you’re available to show the home when buyers want to view it. It is highly advisable to have an attorney in your corner who can guide you on the legal jargon you will encounter. Please enable JavaScript to view the comments powered by Disqus. Real EstateLove is one of those human emotions that are as vital as air and water. It has been behind the biggest feats – and biggest atrocities – of humankind. Love is everywhere and in everything humans are involved in, so, what are the similarities, intersections, and relationships between Love and Real Estate? Real EstateThe real estate market is one of the rapidly growing industries in the world. Whether the economy is improving or suffering, you will notice that the real estate investments will always be profitable.

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