Whether you're on the verge of making an informed decision in the real estate world or just curious, look at what a Realtor does for you.
In Buying they will help you to determine what you can afford and whether it is the right time to buy; and what neighbourhoods are best based on your budget and family lifestyle. What could be the right property type based on your family's needs, budget, and asset growth? How you can balance your ‘needs’ and ‘wants’ to have a smooth buying experience. They ensure your motivations are kept closely guarded during negotiations to procure the property at the fair market value.
In Selling they would be able to advise on when is the right time to list. What cost-effective upgrades you can do to do a facelift to the property to expect maximum returns. How to ensure you are priced as per the market and trends in the neighbourhood. Should you buy first or sell first, based on the market trend. When the right offer is on the table for negotiation, they ensure you receive the rightful value the market bears for your property.
1) Professionalism – Buying a residence for your own living or a Real Estate Investment, is more often than not the biggest asset of an individual, it involves a lot of legal paperwork that needs to be done with skill. This includes having the right clauses in place which work and represent your best interests as a buyer or a seller. A skilled realtor ensures that you are covered in the commitment of one of the biggest purchases/sales you will make. You can count on the help of a professional who commits to serving with integrity and competence.
2) Skilled Expert – A trained realtor knows how to market and accentuate the top features in your property when listing your property. On the buying side, a trained realtor with his/her experience would be able to better navigate you to the right property which meets your family's needs and goals. It’s an iterative process of screening the right homes till you get the one which ticks all boxes. They will help you avoid any properties which look good prima facie but won’t grow in the longer term and lack in the broad appeal.
3) Pricing Advisor – A good realtor will help you determine the right value of your home and what current market can bear, to avoid losing money on the table. On the buying side, they evaluate the fair market value of a property before putting an offer to ensure you do not overpay on a listed home; this will ensure your bottom line is maximized when you sell in future. They are aware of the market trends and based on which decide the pricing strategy to market the property.
4) Negotiation Skills – Trained realtor based on his/her experience and training would serve as a negotiator for you to ensure you don’t sell yourself short. They would negotiate to get the lowest value when buying a property and to get the maximum value while selling one to maximize your gains. Your motivations and interest remain confined only to your realtor and do not go to the other side which helps and provides edge to your negotiation.
5) Experience – Home buying or selling could be an overwhelming process, with an experienced realtor on your side you can be assured. They will check you on getting emotional and overpaying on a property or selling short on a sale and see that you rightly receive the fair value which you deserve. The pricing we pay or receive for a property is often a tight rope, and a good skilled agent by your side will ensure this.
6) A network of Professionals – A good realtor more often than not will have a team of reliable home inspectors, handymen, plumbers, electricians, kitchen companies, mortgage specialists, general contractors, HVAC technicians, etc. A good realtor is your key to opening up a path for a smooth experience from start to finish in the home buying/selling process.
In closing you can see that embarking on a real estate journey without a Realtor is like setting sail without a compass.
Wish you all the very best! Reach out to our dedicated team at Elixir for any queries you have in Real Estate and we will do our best to help.
Mudit Mehta
Broker of Record
ELIXIR REAL ESTATE INC.
Off: 416-816-6001 | [email protected]