The Blog of Nashville Bungalow

5 Reasons You Need a REALTOR

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“Anyone can buy or sell a house, right? I mean, the lady at church does it on the side and that guy on TV is making millions flipping houses; he tells me so every night on channel 17 after midnight!”

If these thoughts, or anything similar is running through your brain, here are a few questions for you… If you broke your arm, would you set it yourself? If a tooth became infected, would you pull it out with your pliers? If your car began to emit smoke from the tailpipe, would you change out the o-rings yourself? Would you even know that it was the o-rings causing the smoke? And finally, if you had worked hard your whole life to accumulate wealth, would you go to Office Max and use the Forms pack to create a last will and testament, trusting that those documents would be sufficient to ensure your wealth is passed on to your loved ones and not the government? My guess is you answered “No” to each of these questions. And yet, each of these situations could each be a “do-it-yourself and save-a-buck” scenario. Why then, when you are contemplating a move… something which could greatly impact both your financial and personal well-being, do you think… “I could probably do that myself”? Here is an article from the National Association of Realtors that will hopefully make you think again!

5 Reasons You Need a REALTOR

  1. A real estate transaction is complicated. In most cases, buying or selling a home requires disclosure forms, inspection reports, mortgage documents, insurance policies, deeds, and multi-page government-mandated settlement statements. A knowledgeable guide through this complexity can help you avoid delays or costly mistakes. 2. Selling or buying a home is time consuming. Even in a strong market, homes in our area stay on the market for an average of 60 days. And it usually takes another 45 days or so for the transaction to close after an offer is accepted.
  2. Real estate has its own language. If you don’t know a CMA from a PUD, you can understand why it’s important to work with someone who speaks that language.
  3. REALTORS have done it before. Most people buy and sell only a few homes in a lifetime, usually with quite a few years in between each purchase. And even if you’ve done it before, laws and regulations change. That’s why having an expert on your side is critical.
  4. REALTORS provide objectivity. Since a home often symbolizes family, rest, and security, not just four walls and roof, homeselling or buying is often a very emotional undertaking. And for most people, a home is the biggest purchase they’ll ever make. Having a concerned, but objective, third party helps you keep focused on both the business and emotional issues most important to you.
  5. REALTORS are members of the NATIONAL ASSOCIATION OF REALTORS , a trade organization of more than 1 million members nationwide. REALTORS subscribe to a stringent code of ethics that helps guarantee the highest level of service and integrity.

Reprinted from REALTOR® Magazine Online by permission of the NATIONAL ASSOCIATION OF REALTORS®