Real estate agents are individuals who are licensed to aid sellers and buyers with their real estate properties. Generally, they are appropriately licensed to engage in negotiations and arrange sales under the guidance of a real estate broker. This means that your real estate agent can help you in showing you property you may be interested in, listing your property, filling in contracts, listing agreements and purchasing contracts on your behalf.
While there is not much difference between a realtor and a real estate agent, there is only one little specification that must be kept in mind. A realtor is a real estate agent who not only possesses all the required permits but is also an active member of the National Association of Realtors, which currently has over 1.3 million working members. Being part of this association means that the realtor will have to follow certain standards of the organization and also abide by their code of ethics.
Hiring a realtor when looking to purchase a home will definitely cost some money as the transactions go through, and the price is usually a percentage of the final sales price itself. However, realtors bring forth multiple benefits to buyers and make up for the cost in everything that they assist buyers with.
Here are a four advantages of using a realtor when purchasing a home in Goldfield Ranch or anywhere else in Arizona:
- Easier House Searching: Realtors are able to skim through online databases and other available data to instantly fill their binders and folders with the relevant information that you’re looking for. Without any effort yourself, your real estate agent will be able to provide data on prospective homes, current market trends, neighborhood details and other tiny details that you may not be focusing on yourself. The biggest advantage of hiring a realtor is that they will do all the tough work for you and then provide the most transparent of information for you.
- Local Knowledge: Experienced realtors have been working in this specific field for at least a few years now, and they’re well-aware of everything there is to know about certain
neighborhoods in the area. From vital information such as school districts and zoning codes to less important ones like the trends of other neighbors and where the best ice-cream spot is, realtors will be able to tell you everything.
NOTE: Kimberlee is a resident of Goldfield Ranch which makes her very knowledgeable when it comes to everything there is to know about the area!
- Lower Priced Offers: Realtors are known to score the best of deals for every buyer and seller in town. Rightfully credited to their vast knowledge of current market situations and competitor’s sales patterns, they will almost always be able to get an offer at the best possible price at the given time. Realtors will also work day and night to ensure that there are no potential problems with the home you’re purchasing, and if there are any issues that could be leveraged during negotiations to get you an even lower price!
- No Complicated Paperwork: Since realtors go through the complexities of the paperwork involved in these transactions almost on a daily basis, they will be able to correctly guide you through all the clauses and contingencies involved!