Why Should I Hire a Licensed REALTOR® to Buy or Sell?
If you’re considering buying or selling a historic home in the Phoenix Metro area, a surrounding suburb or neighborhood, you may be wondering why should you hire a licensed real estate agent versus other options.
Having a seasoned professional to properly price your home if you’re selling, and, if you’re buying, make sure you’re paying a fair price. Either way, obtaining representation to protect you legally, combined with marketing and negotiating expertise, are just a few of a very long list of many reasons.
Don’t Compromise Quality of Service with Discounted Brokers
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.
The Critical Points List & Timelines
For starters, there is a Critical Points List of timelines and “things to do” which occur during a Real Estate transaction. 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.
For Buyers: You Don’t Want to Buy a Historic Phoenix Home with Hidden Problems or Defects
Having a licensed REALTOR® by your side when buying a historic Phoenix home is crucial as they have the expertise to identify and avoid hidden problems or defects. One HUGE example 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 a Licensed Real Estate Agent? Don’t Pay More Than You Have to.
Don’t forget about having a licensed professional to 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 home seller, 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 can and will make this process extremely simplified and not stressful for you, 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
And if you’re selling your home, you want to make sure it’s NOT for too little money! 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.
Pricing Historic Phoenix Homes To Sell
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.
Don’t Overprice
You also don’t want to overprice your home. 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.
Don’t Underprice
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
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 this and then call me. If you’re thinking about buying a home that’s already been remodeled by an investor, there are many, many important factors to know.
Don’t Want to Leave Money on the Table? Another Reason Why To Hire a Licensed Real Estate Agent
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 areas during a real estate transaction that are NEGOTIABLE!
Complex Paperwork
All of the paperwork can be complex. You’ll want to make certain it’s all properly prepared and executed in the legal timeframes. And critically important, properly prepared to protect you legally. It’s amazing how careless people are with legal documents. Do not let this happen to you. I won’t let it happen to you.
Purchase Contract & Disclosures
If you’re deciding whether or not to buy or sell a home, the purchase contract is designed to protect you in many ways. And filling it out properly is 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.
Realtors have the expertise to help you prepare a killer deal while avoiding delays or costly mistakes that can seriously mess you up. 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.
An experienced REALTOR® deals with the same contracts and conditions on a regular basis. We’re 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 am a firm believer that there is no such thing as a stupid or dumb 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!
Just call or email me, Laura B REALTOR®, anytime for a no obligation conversation. We also help people relocate to and from Phoenix, AZ.