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Why
Use A REALTOR®?
There are many reasons to use a
REALTOR during this process.
REALTORS® are real estate
professionals who belong to the National Association Of REALTORS® and
subscribe to its strict Code of Ethics. Not all real estate brokers and agents
are REALTORS®. To be sure you’re working with one, look for the
federally registered membership mark, REALTOR®.
This section contains specific information for
Home Buyers and Home Sellers.
When buying a home, you can learn from the
knowledge and skill of a REALTOR®:
- A REALTOR® helps you determine
how much home you can actually afford. Often a REALTOR® can suggest
additional ways to accrue the down payment and explain alternative financing
methods.
- A REALTOR® can help you work out
a realistic idea of the home best suited to your needs- size, style, features,
location, accessibility to schools, transportation, shopping, and other
personal preferences.
- A REALTOR® has access to a
listing of available homes, can evaluate them in terms of your needs and
affordability, and doesn’t waste your time on unsuitable homes.
- A REALTOR® often can suggest
simple, imaginative changes that could make a home more suitable for you and
improve its utility and value.
- A REALTOR® can supply information
on real estate values, taxes, utility costs, municipal services and
facilities, and may be aware of proposed zoning changes that could affect your
decision to buy.
- A REALTOR® most often is the
seller’s agent but acts as a liaison between you and the seller to present
offers and counter-offers until an agreement is reached.
- A REALTOR® can tell you if local
law requires an attorney at closing and most can provide you with a list to
choose from if you don’t have one.
- A REALTOR® usually knows the
local money market and can tell you about financing. A REALTOR®
also can tell you what personal and financial data to bring with you when you
apply for a loan.
- A REALTOR® can help familiarize
you with the closing process by explaining it in advance.
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