REALTORS®. For your peace of mind
WORKING WITH A REALTOR® Overview
you are buying a home for the first time, or selling to move
into a larger one, or downsizing, the complicated and, in some
cases daunting issues surrounding today's market underscore the
importance of relying on the skills, knowledge and expertise of
are the top reasons for working with a REALTOR®:
know that there are more than three dozen different disclosure
forms that may be required for the completion of a residential
real estate transaction in California? REALTORS® can help you
wade through the cumbersome and often complicated paperwork that
goes hand-in-hand with any real estate transaction, making sure
the proper forms are filled out correctly and on time. This
includes the crucial purchase agreement, which serves as the
contract between a buyer and seller, and is used to formally
identify a purchase price; list terms and conditions pertaining
to the sale time frame, and other details, such as a written
commitment by the seller to cover the costs of any necessary
members of their local, state and national trade associations,
REALTORS® can tap into the latest technologies serving the
housing industry today. This includes Web sites and multiple
listing services, as well as market reports detailing crucial
data, such as pricing trends; time on the market; and historical
sales activity in your neighborhood. In addition, a REALTOR®'s
broad market knowledge often makes them experts when it comes to
providing a detailed snapshot of where to obtain information
about your neighborhood's amenities and services, such as
schools, zoning laws, and tax codes.
or selling a home calls for solid negotiating power. A REALTOR®
can assist with the critical negotiations included in every real
estate transaction, and help both buyers and sellers finalize
the many details that comprise a final purchase agreement. If
you are a buyer, your REALTOR® can work on your behalf with a
seller to negotiate a sale price; set a date for escrow closing;
and determine what, if any repairs you'd like the owner to
complete as a part of the terms of the agreement, among other
things. If you are a seller, your REALTOR®'s role may include
negotiating a sale price, such as so-called "buyer incentives"
that help with a buyer's closing costs or other expenses. Your
REALTOR® also can help you determine what, if any repairs you
may be responsible for, if requested by the buyer, and negotiate
deadlines for their completion.
REALTOR® can assist with the coordination of the home-inspection
process, and help to ensure that the seller's responsibilities
for addressing a buyer's requirements are met. They also may
help with the identification of qualified contractors to help
perform needed repairs.
you're selling a home, a REALTOR® can save you time and money by
tapping into market data and reports to help you determine a
realistic selling price; screening potential buyers; and
managing appointments for showings.
the deal takes much more than a handshake. A REALTOR® can
provide objective support during the closing process, ensuring
both buyer and seller have received the proper documentation for
successfully completing a sale transaction and coordinating a
final property walk-through.
you are a buyer or a seller, your REALTOR®'s role as a valuable
resource may not end when you sign the closing documents. In
fact, many questions arise for buyers and sellers long after a
real estate transaction has been completed, and your REALTOR®
may be qualified and eager to assist you wherever possible -
this includes help with future real estate transactions.
Reproduced with permission from the California Association of
REALTORS® ▪ copyright 2008 California Association of REALTORS®."