Between the very real threat of interest rate hikes in 2017 and an unknown Trump administration, the Real Estate market is heating up. Both buyers and sellers are making their move, as waiting for even better interest rates is no longer a likely option.
Here are five solid reasons to hire a professional Real Estate Broker.
1. Protection
An experienced Realtor knows how to protect the best interests of his or her client, and works hard to protect them from being taken advantage of by less friendly parties. I have always treated my clients in the way that I would want to be treated during a business transaction. This means only the highest integrity and responsibility should go into any real estate transaction. My clients are always made aware of what is going on with their purchase or sale, no matter whether it is good or bad news. My clients know that they can trust me and count on me each day.
2. Code of Ethics
Professional Realtors are members of the National Association of Realtors, and have to abide by NAR's Code of Ethics, a standard of practice often even higher than what is mandated by state laws. (Read more: Code of Ethics) Make sure you ask your Realtor if he or she is a member of the National Association of Realtors.
3. Negotiating Skills
This one is my favorite because negotiating is what I love to do! Top producing Realtors negotiate well because they have the experience of being in the thick of heated debates over price, inspections, contingencies, disclosures, and so many other details that come up in the process of a purchase or sale. Professional Realtors also stand by your side when the emotional heat increases during negotiation, and they are able to emotionally remove themselves from the transaction. Imagine the relief you will feel, knowing that when things get tough, your Realtor has your back, and is not swayed by the winds of emotions that so often upset the progress of a tense deal. Which is exactly what you want when selling your most precious asset. An excellent negotiator stays cool under pressure, presenting her clients in the best light, all while protecting their investment with confidence and confidentiality.
4. Information
Even with all of the information that is available to the public via the internet these days, your real estate broker has access to the multiple listing service, which provides endless market data to help you with your purchase or sale. Information also changes daily, and oftentimes, the data that you see on public websites is misleading or not accurate at all. A professional realtor can also help you to interpret the data available, beyond simply counting rooms and assessing price. Your transaction should be treated with care, and your Realtor should be comfortable discussing all aspects of the comparative market analysis.
5. Advocacy
A good real estate broker will always be a strong voice for you during your transaction. This means finding out your particular desires, and thoroughly understanding your personal situation. During the sale of your property, your broker should always work hard to get you the highest and best price, all while reducing your stress. When purchasing a property, your real estate broker should pull comps to make sure that you are not overpaying for the property, and they should never let you purchase something that would not have the potential to be great to resell later on down the road.
Lastly, make sure that you interview your broker, and that you feel comfortable working with him or her. I always say to listen to your instincts. You will know when it is the right fit!
Happy New Year!
