What to Expect From Your REALTOR When Buying
Your REALTOR® Explains the Process
A REALTOR® will guide you through the ins and outs of the buying process, including current market conditions ranging from legislations, to transactional procedures, and everything in between.
REALTORS® are upheld to very strict standards set to prioritize the interests of the buyers.
REALTORS® Assess Your Needs
One of the first questions a REALTOR® will ask is, ‘Why are you moving?’ A REALTOR® will also explore any time constraints you might have (perhaps imposed by the need to relocate for employment), your financial situation and any future plans. They need a detailed picture of your wants and needs in order to serve you better.
When the scope of work is out of a REALTOR®’s realm of expertise, they will direct you to qualified professionals to aid in the purchase of your home.
A Plan to Find Your Dream Home
A REALTOR® will help you recognize what you’re looking for in a new home. An outdoor pool? A double-car garage? A fenced-in yard? A particular building design? What about the neighbourhood? Proximity to schools or work? A REALTOR® will compare your needs, wants and budget with what is available on the market and make recommendations that save you time and effort.
Your agent will also accompany you to view houses and help you assess their suitability and price. As an expert on a property, a REALTOR® can provide facts on the neighbourhood, the cost of utilities, the condition of the home’s features, and so on. In other words, he or she will work with you to achieve your dream.
Access to Properties for Sale
Multiple Listing Service® or MLS® is an exclusive service accessible through a REALTOR® website and it can be a valuable home-searching tool. Through MLS®, the details of a wide variety of listed properties are made available to the REALTOR® you work with. That can save you a tremendous amount of time and effort in your pursuit of your home search.
REALTORS® are further obligated to uncover any details regarding a property as to ensure no misrepresentation of the property and avoid any errors.
REALTORS® are Skilled Negotiators
REALTORS® are indispensable when it comes to bargaining with sellers. Tempers can flare and heels can dig on. Your REALTOR® is an expert at smoothing things out.
REALTORS® are experienced in arranging fair deals. Your Agent will assist in negotiating an offer, acting as a mediator to resolve potential conflicts between you and the seller, and draw up a legally binding agreement.
Honesty and Integrity
Most real estate professionals in Canada are members of the Canadian Real Estate Association (CREA) and only members of CREA can call themselves REALTORS®. When you work with a REALTOR®, you can expect strict adherence to a Code of Ethics. And that code is very important to you because it assures you will receive the highest level of service, honesty and integrity.
Legal know-how? They know how.
A mishandled document can ruin a sale, or lead to legal action. Your REALTOR® has the training and experience to recognize potential problems early and the resources to help you find solutions and get the process back on track quickly.
REALTORS® are required to remain up-to-date on requirements for transactions to take place. With their guidance and network, they will be able keep the home buying process a positive experience.