According to a write up done by a professional realtor, surveys show that many homeowners and homebuyers are not aware of the true value a Realtor provides during the course of a real estate transaction.
At the same time, regrettably, Realtors have generally assumed that the expertise, professional knowledge and just plain hard work that go into bringing about a successful transaction were understood and appreciated.
The write up added that many of the most important services and steps are performed behind the scenes by either the Realtor or the brokerage staff and traditionally have been viewed simply as part of their professional responsibilities to the client. But, without them, the transaction could be placed in jeopardy.
Listed below are typical job descriptions and actions done by realtors in accomplishing their task as professionals, before and after they can give you home listings you long for. They would do a research and review important industry stages necessary for a successful residential real estate transaction, and normally do this for a week to accomplish and for which they are entitled to fair compensation.
Pre listing activities:
- Make appointment with seller for listing presentation
- Send seller a written or e-mail confirmation of listing appointment and call to confirm
- Review pre-appointment questions
- Research all comparable currently listed properties
- Research sales activity for past 18 months from MLS and public records databases
- Research "Average Days on Market" for this property of this type, price range and location
- Download and review property tax roll information
- Prepare "Comparable Market Analysis" (CMA) to establish fair market value
- Obtain copy of subdivision plat/complex lay-out
- Research property's ownership & deed type
- Research property's public record information for lot size and dimensions
- Research and verify legal description
- Research property's land use coding and deed restrictions
- Research property's current use and zoning
- Verify legal names of owner(s) in county's public property records
- Prepare listing presentation package with above materials
- Perform exterior "Curb Appeal Assessment" of subject property18 Compile and assemble formal file on property
- Confirm current public schools and explain impact of schools on market value
- Review listing appointment checklist to ensure all steps and actions has been completed.
The above mentioned activities are part of the realtor’s job description. They used to do that just to give you the most desired home you ever wanted. They plan, research, study, prepare things according to your lifestyle and needs.
They would see to it that you as a home buyer or home seller, would feel satisfied with their service that is why they would do everything they can do just to give you the best service you have ever wanted.
Once they have done the researching and planning stage, they would present to you listings according to your needs. They would let you pick the best out of it and then from then on, bthe deal will start rolling.
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