Whether you are buying or selling a home in Arizona it can be quite an adventure, which is why you need an experienced real estate professional to guide you on the path to achieving your ultimate goal. In this world of instant gratification and internet searches, many sellers think that they can ‘For Sale by Owner’ or ‘FSBO’, but that can be a costly mistake.
Here are 5 reasons you NEED a real estate professional in your corner. These reasons are strengthened by the projections of higher mortgage interest rates and home prices, as the market continues to pick up steam.
1. What do you do with all this paperwork?
Arizona has different regulations regarding the contracts required for a successful sale, and these regulations are constantly changing (some have changed within the last year or two). A local real estate professional is an expert in their market, and can guide you through the stacks of paperwork necessary to make your dream a reality.
2. Ok, so you found your dream house, now what?
There are over 180 possible steps that need to take place during every successful real estate transaction. Wouldn't you rather work with a professional who has been there before, someone who knows what these actions are, to ensure that you achieve your dream?
3. Are you a good negotiator?
So maybe you’re not convinced that you need an agent to sell your home. After looking at the list of parties that you will need to be prepared to negotiate with, you’ll soon realize the value in selecting a real estate professional. From the buyers or sellers (who want the best deals possible), to the home inspectors, and all the way to the appraisers, there are at least 11 different people you will need to negotiate with, and answer to, throughout the process.
4. What is the home you’re buying/selling really worth?
It is important for your home to be priced correctly from the start, in order to attract the right buyers and shorten the amount of time that it’s on the market. You need someone who is not emotionally connected to your home to give you the truth as to your home’s value. According to a study by Collateral Analytics, FSBOs achieve prices significantly lower than those from similar properties sold by real estate agents:
“FSBOs tend to sell for lower prices than comparable home sales, and in many cases
below the average differential represented by the prevailing commission rate.”
Get the most out of your transaction by hiring a professional.
5. Do you know what’s really going on in the market?
There is so much information out there on the news and on the internet about home sales, prices, and mortgage rates; and much of it is false or misleading. How do you know what’s going on specifically in your area? Who do you turn to in order to competitively and correctly price your home at the beginning of the selling process? How do you know what to offer on your dream home without paying too much, or offending the seller with a lowball offer?
Dave Ramsey, the financial guru, advises:
“When getting help with money, whether it’s insurance, real estate or investments, you
should always look for someone with the heart of a teacher, not the heart of a salesman.”
Hiring a local agent who has their finger on the pulse of the market will make your buying or selling experience an educated one. You need someone who is going to tell you the truth, not just what they think you want to hear.
Bottom Line
You wouldn’t replace the engine in your car without a trusted mechanic, so why would you make one of the most important financial decisions of your life without hiring a real estate professional?
If you really want to know what is going on in the local East Valley real estate market when it comes to home prices, interest rates, and home sales, just call/text me at 602-295-6807 and will be more than happy to tell you, as well as work with you to help achieve your goal!
Helping to Make a Difference in Your Life,
Troy Erickson Realtor
Call/Text: (602)295-6807
TroyEricksonRealtor@gmail.com
Facebook.com/TroyEricksonRealtor
Here are 5 reasons you NEED a real estate professional in your corner. These reasons are strengthened by the projections of higher mortgage interest rates and home prices, as the market continues to pick up steam.
1. What do you do with all this paperwork?
Arizona has different regulations regarding the contracts required for a successful sale, and these regulations are constantly changing (some have changed within the last year or two). A local real estate professional is an expert in their market, and can guide you through the stacks of paperwork necessary to make your dream a reality.
2. Ok, so you found your dream house, now what?
There are over 180 possible steps that need to take place during every successful real estate transaction. Wouldn't you rather work with a professional who has been there before, someone who knows what these actions are, to ensure that you achieve your dream?
3. Are you a good negotiator?
So maybe you’re not convinced that you need an agent to sell your home. After looking at the list of parties that you will need to be prepared to negotiate with, you’ll soon realize the value in selecting a real estate professional. From the buyers or sellers (who want the best deals possible), to the home inspectors, and all the way to the appraisers, there are at least 11 different people you will need to negotiate with, and answer to, throughout the process.
4. What is the home you’re buying/selling really worth?
It is important for your home to be priced correctly from the start, in order to attract the right buyers and shorten the amount of time that it’s on the market. You need someone who is not emotionally connected to your home to give you the truth as to your home’s value. According to a study by Collateral Analytics, FSBOs achieve prices significantly lower than those from similar properties sold by real estate agents:
“FSBOs tend to sell for lower prices than comparable home sales, and in many cases
below the average differential represented by the prevailing commission rate.”
Get the most out of your transaction by hiring a professional.
5. Do you know what’s really going on in the market?
There is so much information out there on the news and on the internet about home sales, prices, and mortgage rates; and much of it is false or misleading. How do you know what’s going on specifically in your area? Who do you turn to in order to competitively and correctly price your home at the beginning of the selling process? How do you know what to offer on your dream home without paying too much, or offending the seller with a lowball offer?
Dave Ramsey, the financial guru, advises:
“When getting help with money, whether it’s insurance, real estate or investments, you
should always look for someone with the heart of a teacher, not the heart of a salesman.”
Hiring a local agent who has their finger on the pulse of the market will make your buying or selling experience an educated one. You need someone who is going to tell you the truth, not just what they think you want to hear.
Bottom Line
You wouldn’t replace the engine in your car without a trusted mechanic, so why would you make one of the most important financial decisions of your life without hiring a real estate professional?
If you really want to know what is going on in the local East Valley real estate market when it comes to home prices, interest rates, and home sales, just call/text me at 602-295-6807 and will be more than happy to tell you, as well as work with you to help achieve your goal!
Helping to Make a Difference in Your Life,
Troy Erickson Realtor
Call/Text: (602)295-6807
TroyEricksonRealtor@gmail.com
Facebook.com/TroyEricksonRealtor
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