Offered by Jan Hepp-Struck
We’ve all seen the signs “For Sale by Owner” or those from DIY online companies. While on the surface it might seem like a good idea, and might even be okay for some, for most, it’s not. In May of 2010, at the forefront of the proliferation of DIY home selling/ buying services, Forbes published a blog article listing five reasons why most people still need a real estate agent. As it turns out, those five reasons are still completely relevant today.
Accessibility/Convenience. Both the Buyer’s and Seller’s Agent are fully focused on the industry and have the necessary connections and knowledge base to develop a solid strategy to streamline the process.
Negotiations. Having an advocate with intricate knowledge of real estate law and negotiation techniques increases your advantage to ensure your best interests are represented and you get the best deal possible.
Contracts/Legalities. A good realtor understands the ins and outs of real estate law and can prevent costly mistakes or omissions.
Accountability. Because they answer to a licensing body, a reputable agent is bound by common law to represent their client’s best interests in a fiduciary relationship, or face professional repercussions.
Costs vs. Savings. Buyers looking to purchase a “by owner” home are most likely looking for a deal, and may expect to benefit from your savings of no realtor’s commission.
For proven expertise in establishing your home value and/or searching for a new or existing home, please call Jan at (303) 520-4340 or click here for more information.