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® welcomes SpaceX’s announcement of a more than $100 billion investment to build its largest launch facility in Vermilion Parish, recognizing the historic project as an opportunity to create thousands of jobs while generating significant demand for housing, construction, infrastructure and commercial development across the Acadiana area and Louisiana. According to Louisiana Economic Development, the SpaceX project is expected to create more than 3,000 direct new jobs over the next 10 years, with an average annual salary of $92,600, as well as more than 8,100 indirect jobs. The project is also expected to generate 34,516 construction jobs at peak construction. For Louisiana REALTORS®, the significance of the investment extends beyond the jobs created at the SpaceX campus. Major economic development projects bring new workers, families and businesses to Louisiana, creating demand for homes, rental housing, commercial properties and the infrastructure necessary to support growing communities. “An investment of this magnitude creates opportunities that reach far beyond the project itself,” said Norman Morris, Chief Executive Officer for Louisiana REALTORS®. “Thousands of new jobs mean more families looking for places to live, more businesses needing space and more construction activity to support that growth. Louisiana REALTORS® welcomes this investment because a strong economy and a strong housing market go hand in hand.” The planned SpaceX campus is expected to become the largest spaceport in the world, with capacity to support thousands of launches annually. At full buildout, the site is expected to include five launch complexes with two launch pads each, propellant facilities, power generation, vehicle processing and residential housing for employees and their families. Construction is expected to begin in 2027, with initial operations targeted for 2030. The construction component alone represents a significant opportunity for Louisiana's workforce and businesses. LED estimates that the project could support more than 34,000 construction jobs at peak construction, while SpaceX has joined Source Louisiana to provide Louisiana suppliers, contractors and service providers with a pathway to compete for project-related opportunities. “Louisiana has an opportunity to make sure this historic investment translates into lasting opportunities for Louisiana families and businesses,” Morris said. “That includes having enough housing available for the people coming to work here and creating an environment where builders, developers, contractors and real estate professionals can help meet the needs of growing communities.” Louisiana REALTORS® supports continued efforts to prepare Louisiana communities for the growth associated with major economic development investments. Ensuring adequate housing supply, encouraging responsible construction and development and maintaining infrastructure are essential to making Louisiana an attractive place for businesses, workers and families. SpaceX’s investment adds to a historic period of economic development in Louisiana and further establishes the state as a destination for advanced industries, manufacturing, technology and aerospace. LED describes the project as positioning Louisiana as a global hub for next-generation aerospace and a new center of private spaceflight activity. “Louisiana REALTORS® is excited to see what this investment can mean for the future of our state,” Morris said. “When Louisiana wins major economic development projects, our communities have the opportunity to grow with them. We want to see that growth supported by quality housing, strong communities and opportunities for Louisiana businesses.” Louisiana REALTORS® welcomes SpaceX to Louisiana and looks forward to the opportunities this transformational investment can create for Vermilion Parish, Acadiana and communities across the state. Enjoy the video below from the Louisiana Department of Economic Development .
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