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Real Estate Basics: Why do I need a REALTOR®?

Maybe you’re a first-time home buyer just dipping your toes into the real estate market, or maybe you’ve purchased dozens of properties over the years. Whatever your real estate experience level, an important question to ask yourself is: Do you need a REALTOR®?

The answer is simple: yes. While the average American moves every five years or so, fulltime REALTORS® handle that number of transactions in the span of just weeks or months. Each one of those transactions is different and provides the REALTOR® with valuable information about the market and real estate process, valuable information that could benefit you on your real estate journey. 

REALTORS® are experts on the communities they serve. They know the areas that have great school districts or easy access to night life. It’s their job after all. Especially if you’re not familiar with the area, that’s incredibly valuable information to have when deciding on what is likely one of your largest lifetime purchases. 

While the goal is for every real estate transaction to happen according to plan — and many do — that’s unfortunately not always the case. What happens if there’s an issue with the inspection? What happens if there’s an issue receiving funds at the closing table? What happens if there’s an issue with the inspection? What happens if the appraisal comes in too low? 

Not only does a REALTOR® have the experience to help you navigate the tough situations that could arise, they also have the contacts needed to help make the process as simple as possible for you. Lenders, title companies, appraisers and inspectors all play important roles in the transaction process whether you’re buying or selling, and experienced REALTORS® already have established relationships with several in your community to provide you support throughout the entire process. 

Having an experienced REALTOR® by your side through the home buying or selling process offers you peace of mind so you can focus on your next move.

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  • Buyer & Seller Tips
  • Real Estate Basics
Posted on August 4, 2020