4 Reasons Home Sellers Need a REALTOR®
LOUISIANA REALTORS • March 9, 2017
Every now and then we need an expert’s opinion, advice, and direction. Does your shoulder hurt after a workout? Go see a masseuse. Got into an accident? Call the body shop. Looking to sell a house? Use a REALTOR®. The first two scenarios play out that way more often than not, however all too often the third situation is handled in a different manner- like as For Sale By Owner. Similar to the ability to relieve muscle tissue or fix a damaged automobile requires an expert, so does a real estate transaction with a lot of moving parts. The following four reasons explain why home sellers need to enlist the help of a knowledgeable and professional REALTOR®.
1. The Power of Search
Google has put all of the information in the world at our fingertips. REALTORS® have the ability to share and market a listing to a larger network of other REALTORS® as well as to the public. Listing your house without a REALTOR® does not give you the same amount of online exposure and the more time a house sits on the market, the more it can cost you.
2. REALTORS® Code of Ethics
What sets a REALTOR® apart from a real estate agent? The strict standards and Code of Ethics set forth by the National Association of REALTORS®. These standards and codes mean that your REALTOR® will always act with your best interest in mind. REALTORS® in addition to their continuing education requirement must maintain their knowledge of the Code and can be sanctioned for violating any of the articles of the Code.
3. Skilled in Negotiation
There are a number of variables that go into selling a home. Between getting offers and negotiating contract terms, the transaction can be intense especially when buyers demand or expect more. Luckily a REALTOR® represents you in the sale and is a savvy negotiator that will get the best options to you. A REALTOR knows the value of your property and can get the best price for you. Acting without this valuable resource could cost you thousands.
4. Industry and Pricing Expertise
The real estate world is full of data and valuations that can make your head spin. This unique language, coupled with the changing markets and regulations makes selling an overwhelming task. Thankfully REALTORS® understand what needs to be done, how to communicate it, and most importantly can prepare the best deal for you while avoiding costly delays and mistakes.
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While this addresses just a few of the reasons for home sellers, they should leverage the power and expertise of a REALTOR® in order to make their experience a good and successful one.
Louisiana REALTORS® CEO Norman Morris issued the following statement after SpaceX announced plans to invest $100 billion in a new launch facility in Vermilion Parish. The project is expected to create 3,000 direct jobs and more than 8,100 indirect jobs across Acadiana. “SpaceX’s investment is an extraordinary economic win for Louisiana. We congratulate Governor Jeff Landry, Louisiana Economic Development Secretary Susan Bourgeois, Vermilion Parish leaders, and everyone who helped bring this historic project home. The housing and infrastructure improvements needed to support more than 11,000 new job opportunities should generate a huge economic boost to the Acadiana and Gulf Coast region. According to the National Association of REALTORS®, each typical Louisiana home sale generates approximately $88,600 in economic activity. Even if only half of the new SpaceX related jobs lead to a home purchase, the impact would generate nearly half a billion dollars across our state's economy. That improves our tax base and school systems, and ripples through our economy touching builders, bankers, hardware stores, appliance dealers, contractors and so many more. “Housing is not downstream of economic development; it is an essential infrastructure. Louisiana REALTORS® and our partners stand ready to help turn these new jobs into homes, stronger communities and lasting roots in Louisiana. Economic development creates jobs, but housing turns those jobs into homes. Let’s make Louisiana home again, together.” Economic-impact estimates are illustrative calculations by Louisiana REALTORS® using employment projections from Louisiana Economic Development and the National Association of REALTORS®’ estimated economic impact per typical Louisiana home sale. They are not forecasts or recurring annual-impact figures. Enjoy the video below from the Louisiana Department of Economic Development .
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