Why Hire a Licensed Real Estate Agent to Buy or Sell a Home?
If you’re considering buying or selling a historic home in the Phoenix Metro area, a surrounding suburb or neighborhood, or any home, you may be wondering why you should hire a licensed real estate agent, or REALTOR®, versus other options.
There are multiple viable reasons.
Risk Management and Complex Paperwork
To avoid costly mistakes, risk must be managed. All of complex paperwork needs proper navigation.
Making certain it’s accurately prepared and executed in the legal timeframes for legal protection mitigates and helps eliminate risk.
It’s amazing how careless people are with legal documents. Do not let this happen to you. I certainly won’t.
Purchase Contract and Disclosures
Whether you’re buying or selling a home, the purchase contract is designed to protect you in many ways. Accuracy and attention to detail are crucial. It can give you even more protection, or the opposite if not done correctly.
In addition to the contract, buying or selling a home usually requires dozens of forms, reports, disclosures, and other technical documents.
Hiring a Licensed Real Estate Agent Comes With Fiduciary Duty and Code of Ethics For Your Protection
Licensed real estate agents are legally bound and must adhere to a strict fiduciary duty and Code of Ethics to act in your best interest, protecting your investments as a dedicated representative. This ensures transparency and fair practices throughout your transaction.
A licensed REALTOR® helps guarantee legal compliance, protects your financial interests, and ensures adherence to strict ethical standards. A licensed professional possesses verified expertise to navigate complex contracts and market regulations, while mitigating the risk of costly errors.
It’s Important to Hire a Seasoned and Licensed Agent When Buying or Selling a Home
It’s important to hire a licensed real estate agent to properly price your home if you’re selling and for not too little. If you’re buying, your agent will make sure you’re not paying too much.
Obtaining representation to protect you legally, combined with marketing and negotiating expertise are just a few of a very long list of many reasons stated below.
The Critical Points List and Timelines Managed by a Licensed Real Estate Agent
Just a few of these risks include earnest money, counter offers, negotiating requested repairs or multiple ways to avoid breach of contract.
And remember, this list kicks in only after you are in a fully executed Purchase Contract with a Buyer or Seller. I will go over this with you before and during your transaction.
Don’t Compromise Quality of Service with Discounted Brokers to Buy or Sell a Home
I can’t tell you how many scenarios I see where buyers and sellers receive terrible representation by hiring discounted brokers. The representation from discounted brokers is almost always itself significantly less than what it should be. You do get what you pay for.
It’s crucial to recognize that the quality of representation in real estate transactions can greatly impact the outcome for both buyers and sellers.
Opting for discounted brokers may lead to subpar representation, potentially resulting in unfavorable deals or missed opportunities. Remember, investing in experienced and dedicated professionals often yields better results in the long run.
Buyers: You Don’t Want to Buy a Historic Phoenix Home with Hidden Problems or Defects
Having a licensed Real Estate Agent by your side when buying a historic Phoenix home is crucial.
Agents have the expertise to identify and avoid hidden problems or defects.
One huge example of many I see in nearly every transaction involve sewer lines.
Plus, negotiating any issues regarding this important topic on your behalf is imperative. Having guidance through the complex process, ensuring a smooth and successful transaction is what I help you do!
Why Hire Licensed Real Estate Agent Laura Boyajian? Don’t Pay More Than You Have To
Don’t forget that hiring a licensed real estate agent such as Laura Boyajian will make sure you’re not paying too much for a home you’re buying.
It’s crucial to have the right price analysis done on any house you’re considering buying, especially if you’re purchasing a historic home.
The prices drastically vary, even if they’re sitting right next door to each other.
First Time Homebuyers and First Time Home Sellers in Phoenix
If you’re a Phoenix first-time homebuyer or selling a Phoenix home, you’re probably going to really need your hand held.
There are so many complex moving parts to buying and selling. You’re definitely want to make sure your pricing is correct whether you’re selling or buying. It goes both ways.
I make this process extremely simplified and not stressful, explaining everything in simple English. This is one of my very strong points.
Why Hire a Licensed Real Estate Agent? Selling Your Historic Phoenix Home For The Right Price
If you’re selling a home, you want to make sure it’s not for too little money. You want to be certain you sell for the right price.
I see sellers cutting themselves short all the time by hiring the wrong agent or no agent.
A real estate agent who works in a far outlying suburb of Phoenix usually does not understand historic Phoenix homes pricing and its neighborhood market. I see it all the time.
Properly Pricing Historic Phoenix Homes To Sell is Best Done by an Experienced Licensed Real Estate Agent
Pricing historic homes is certainly not like pricing cookie cutter homes. Properly pricing historic Phoenix homes is crucial for a successful sale.
Setting the right price ensures that the property attracts the right buyers and maximizes its market potential. Hiring a Phoenix historic Real Estate expert like Laura Boyajian is more important than you may know.
Why Not to Overprice Your Home When Selling
You also don’t want to overprice your home when selling. Overpricing can deter potential buyers, leading to extended time on the market and possible price reductions.
By conducting a thorough market analysis and considering the unique features of historic homes, sellers can strategically price their properties to generate interest, attract qualified buyers, and ultimately achieve a successful sale.
Why Not to Underprice You Home When Selling
On the other hand, underpricing may result in missed opportunities for maximizing the property’s value. Underpricing your historic home when selling can lead to missed opportunities to maximize its value.
Pricing too low may attract quick offers, but it could result in selling the property for less than its worth. Additionally, underpricing can create skepticism among potential buyers about the property’s true value and quality.
Attract Serious Buyers When Selling Your Home
Properly pricing your historic home ensures that you receive fair market value and attract serious buyers who appreciate the unique features of your property.
By setting the right price, you can showcase the value of your historic home and negotiate from a position of strength to achieve the best possible outcome in the sale.
Selling or Buying a Fixer-Upper?
This is yet an entirely different type of real estate transaction. If you want to sell a fixer for more than you think it’s worth, you’ll want to read about why not to sell to a wholesaler.
If you’re thinking about buying a home that’s already been remodeled by an investor, there are many important factors to know.
Don’t Want to Sell for Less Than You Home is Worth? Another Reason Why To Hire a Licensed Real Estate
I tell all of my clients, “I don’t like leaving money on the table and I’m guessing you don’t either.” I’m going to guess you won’t argue with me on that one. I’ve never, ever had one single person disagree with me on that statement. And, I’m going to go out on a limb and guess that you’d agree with me.
Let’s also not forget about all the additional areas during a real estate transaction that are negotiable. There’s a lot more to just negotiating price.
Real Estate Agents Such as Laura Boyajian Have Specialized Expertise
Licensed Real Estate Agents like Laura Boyajian have the specialized expertise to help you prepare a solid deal while avoiding delays or costly mistakes that can seriously leave you in peril.
One of dozens of examples is, ensuring that you’re able to back out of the deal if certain conditions aren’t met.
Protecting You From Legal Timelines
There are many, many timelines that must be met when buying or selling a home.
It’s critical to be aware of these timelines and have a licensed real estate agent helping you meet these dates. Missing even one timeline can put you in legal jeopardy, or even financial jeopardy.
The Importance of Getting Pre-Approved for a Home Loan
If you are not truly approved for the mortgage, you risk losing your earnest deposit on the home. Consequently, you may even face a lawsuit from the seller for failing to fulfill your end of the contract. Hiring the right licensed Real Estate Agent will make sure this doesn’t happen to you.
Laura Boyajian Has Experience When Dealing with Purchase Contracts and Conditions
An experienced Real Estate Agent like Laura Boyajian deals with all purchase contracts and conditions on a regular basis. She’s also familiar with which conditions to use, when to safely remove them and using the contract to protect you. This is true whether you’re buying or selling a home.
I’m a Firm Believer that There is No Such Thing as an Irrelevant Question
Whether you’re considering hiring a licensed real estate agent in buying or selling a home in Central or Downtown Phoenix, or just have some questions about anything at all in or about any one of the historic districts in Phoenix, I’d be very happy to help you! There is no such thing as an irrelevant, stupid or dumb question. Ever.
Just contact me on my cell at (602) 400-0008 or email me, Laura Boyajian Real Estate Agent, anytime for a no obligation conversation. We also help people relocate to and from Phoenix, AZ.