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Maximizing the Value of a REALTOR®

Louisiana REALTORS® • April 29, 2022

A REALTOR® is a powerful ally and asset when it comes to real estate transactions. However, it is important to utilize them, their expertise, experience, and resources in the best possible ways. Just like you wouldn’t drive a high-end sports car to the grocery store and back, you shouldn’t shy away from leveraging the skills of a REALTOR® when you buy or sell a home. Let’s take a closer look at how you can maximize the value of your partnership with a REALTOR®. 

 

Determine the Best Commission Model that Suits Your Needs

Did you know that commission rates for REALTOR’S® are negotiable and that there are different options based on the type of service that you desire? A full-service model commission can be negotiated at any point during the transaction. A flat fee model allows you to set the price for specific services. A reduced service, or discounted fee model, has flexible services and pricing based on your needs. 

 

Let Your REALTOR® Handle the Stress of Finding Your New Home

Online resources have made home shopping information more accessible than ever before. However, 88% of home purchases are handled with a real estate agent. Your REALTOR® can coordinate with your lender, handle the negotiations, contingencies, and other purchase aspects, and provides a wealth of local community knowledge.

 

Leverage a REALTOR’S® Experience and Expertise in the Home Buying Process

Your REALTOR® is equipped to help you find the right home. Price negotiations, sale terms, and paperwork are all aspects that they understand, hone, and perfect on your behalf. With access to the MLS, your REALTOR® can provide you with most current and accurate options that meet your needs and wants. Furthermore, your best interest is a priority, and your next real estate transaction can be a successful one though the skills of a REALTOR®.

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As previewed last week, NAR is pleased to share the latest consumer guide focused on alternative listing options. This guide covers the role that MLSs play in marketing a home, office exclusive and delayed marketing exempt listing options, and the disclosure required when filing an exempt listing. For additional information and helpful resources on the new Multiple Listing Options for Sellers policy, please check out facts.realtor . As a reminder, all guides in this series are available for download—in both English and Spanish—on facts.realtor . Please allow a few days for the Spanish version of the latest resource to be translated and uploaded. For ease of reference, below is a list of the most recent guides: NEW: Alternative Listing Options Navigating Multiple Offers Homeowners Associations Marketing Your Home Seller Disclosures Thank you for continuing to engage with the “Consumer Guide” series and for sharing the resources with prospective clients to ensure they have the information they need to find success in their homebuying or selling journey. Remember that these guides are for informational purposes only and are not meant to enact or change any existing NAR policy. Be on the lookout for next week’s guide on Wednesday, which will cover deeds and titles.
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