Why should I use a Realtor?

  • February 16 2011 - De Kalb
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Be a Good Neighbor. Be respectful and on-topic. No spam or self-promotion! See our Good Neighbor Policy.

 
 

Answers (37)

Profile picture for hpvanc
Why Realtors post on a thread where a Realtor asks "Why should I use a Realtor?"

Because it gives them a chance to gush those talking points and cliches that their organization keeps feeding them.  Never mind that their reputation suffers because of these cliched talking points.
  • March 10 2011
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For Buyers-Realtors have access to properties that are for sale and will save you time and gas, looking at properties on your own.

For Sellers-Realtors are knowledgable regarding properties that has sold and that are listed for sale and can price your property where it will be shown and sell.  In addition, Realtors, have access to many web-sites to get the information out there for buyers to find.
  • March 10 2011
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I always recommend interviewing different Realtors in your area.  Each Relator is unique and individual.  There is so many different avenues to market your home today, by interviewing several different Realtors you can learn all of the unique as well as tried and true methods to get your home SOLD.  Each Realtor will have a combination of many different marketing strategies.  Pick the Realtor whom you feel will sell your home through the best method while keeping your needs at the top of their agenda. 

On the buyer's Side - It makes no sense not to use a Realtor. It costs you nothing and will actually make you money by saving you time. But, you should also interview Buyer's agents as well.  It's very important to have a buyer's agent who is going to truly select homes that are within the specifications that you set.  Don't forget that your most valuable asset is your time, and a good realtor is going to remember that. 
  • March 10 2011
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Profile picture for sunnyview
Unfortunately, I have seen many full time agents that are terrible full time. A good agent is a good agent and they aren't good just because they are full time. Picking an agent that is honest, dedicated and knowledgeable is more important than how many hours they work.

I also see it as disrespectful to slam other licensed professionals based on their work schedule, but that's just my opinion. When I look for an agent, I favor quality over quantity.
  • March 10 2011
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Realtors are obviously the most knowledgeable about the area and the market.  It is important if you are listing, not to over price your house.  It is important if you are buying not to over pay for a house.  And most importantly, you should use a full time realtor, because part-time agents are simply that, part-time.
  • March 10 2011
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Profile picture for sunnyview
Since a realtor posted this originally, I would hope that they wouldn't need a realtor since they already are one. No need to pay if you can DIY.
  • March 10 2011
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Buying or selling a home requires understanding of disclosure forms, inspection reports, mortgage documents, insurance policies, deeds, etc.

A knowledgeable licensed real estate professional can guide you through this complexity and can help you avoid any costly mistakes.  Utilizing a RE professional's knowledge and expertise will assist you in a smoother transaction.

  • March 10 2011
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Profile picture for workabee
Because they know how to cut and paste...
  • March 10 2011
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 I believe you should use a Realtor for your real estate needs, and here are five reasons to consider.
  1. A real estate transaction is complicated. In most cases, buying or selling a home requires disclosure forms, inspection reports, mortgage documents, insurance policies, deeds, etc. A knowledgeable guide through this complexity can help you avoid delays or costly mistakes.
  2. Selling or buying a home is time-consuming. Even in a strong market, homes in our area stay on the market for an average of 6 months. And it usually takes another 90 days or so for the transaction to close after an offer is accepted.
  3. Real estate has its own language. Tt's important to work with someone who speaks that language.
  4. Realtors have done it before. Most people buy and sell only a few homes in a lifetime, usually with quite a few years in between each purchase. And even if you've done it before, laws and regulations change. That's why having an expert on your side is critical.
  5. Realtors provide objectivity. Since a home often symbolizes family, rest, and security, not just four walls and a roof, home selling or buying is often a very emotional undertaking. And for most people, a home is the biggest purchase they'll ever make. Having a concerned, but objective, third party helps you keep focused on both the business and emotional issues most important to you.
  6. Realtors are members of the National Association of Realtors,  Realtors subscribe to a stringent code of ethics that helps guarantee the highest level of service and integrity.
  • March 10 2011
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You should use a Realtor if you perceive you will benefit from the relationship.
  • March 01 2011
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Profile picture for Lewis and Beth
My response to you is...Are you actually interested in the full time job of selling your home without using a professional or in saving the commission?
  • February 19 2011
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rparmar70,
Its not that I don't understand your frustration.  I just take exception to the generalizations and the lack of responsibility on your part to take your purchase seriously enough to not settle on whatever agent happens to cross your path and instead do your due diligence in hiring one you actually like, trust and feel comfortable with.

".....you guys (assuming you are an agent) are certainly in the business of making fools out of buyers. Your interest is never the client, it is always to make the sale happen for commissions, regardless of client's interests. "

Referrals are crucial to an agent's business, especially with buyers.  Your statement seems to stem from some bad experiences leaving a bad taste in your mouth and for that, I am truly sorry.  However, generally speaking your statement makes no sense.  Obviously agents don't benefit from making fools out of people and they can't close a deal and get paid if their client/customer isn't happy.

Buyers, with few exceptions, can spot a pushy agent from a mile away and I don't know of one buyer who bought a house because an agent told them to.  Most buyers would run from such an agent, rightfully so.
You did, apparently a few times.

Interview!  Its worth the time spent.  If you try to buy without an agent, you will be limited to fsbos (for sale by owner).  That may make you angry... I'm not even sure I blame you for your frustation with that fact, but that's the reality so you may as well make the best out of the situation and hire someone who does the job the way its suppose to be done.
  • February 18 2011
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Profile picture for blue screen exile
"The internet offers vast amounts of information, but often not wisdom.  It also errs on the side of inaccuracy and even misrepresentation." -

Yes, that is what we have been saying!  NAR, and those that promote NAR propaganda err on the side of inaccuracy and even misrepresentation!  That is why buyers and sellers need to be informed and agents need to stop "being the problem".

Here is how most of the Realtors® come across to the general public (potential clients) with posts like we have seen here:

List your House

Now, if that is NOT the way you want to be viewed by the public, I strongly suggest that you read your promotional statements on threads like this again from a "consumers" perspective, and change your approach.

NAR has already proven that NAR's "oath of ethics" is worthless; so, if you really believe you are more ethical; stop saying it, and start acting like you are!  Any time an agent mentions that the oath they took "makes them ethical", I not only want to run away from them as fast as possible, but I also want to tell at least 3000 people that that person should never be their representative since they have no idea what ethics are.

  • February 18 2011
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Profile picture for rparmar70
SoCal_Engr,

You are right! Most of the buyers are like me - naive/not well informed. And that is exactly why real estate industry continues to thrive - to take advantage of this inefficiency in market!
  • February 17 2011
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Profile picture for SoCal Engr
@ rparmar70...

If you are an informed consumer, you are always in "the business" of interviewing people who provide you service-for-a-fee. Doesn't matter if you're talking REA, car sales, gardener, landscaper, etc., consumers need to be able to interview and employ their BS-sniffer to eliminate the posers.

At a certain level, you're correct. Anyone in a sales/product-oriented profession is going to starve if they don't spend some effort on closing the deal. Again, that is why consumers need to be educated and informed (not necessarily one-and-the-same).

There's a reason the phrase "caveat emptor" exists. When consumers quit pointing the finger at others and assume responsibility for being educated enough to make intelligent decisions, then the ability of folks to scam the consumer will be lessened.

[steps off soapbox]
  • February 17 2011
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Profile picture for rparmar70
@ Joan,

I, like many buyers, am not in the business of interviewing agents but you guys (assuming you are an agent) are certainly in the business of making fools out of buyers. Your interest is never the client, it is always to make the sale happen for commissions, regardless of client's interests.
  • February 17 2011
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Profile picture for SoCal Engr
@ Joan...

A person I once worked with used the phrase "Count the fingers", referring to the number of single-digit salutes offered. If you count more offered in your direction than not, you are likely the problem.
  • February 17 2011
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rparmar70,

With all due respect, perhaps there is a slight possibility that your interview skills suck.

Because interviewing agents for such a huge purchase seems like a pretty important thing to me and if you have used 4 agents and they are all pushy, why the heck did you use them to begin with?

Sorry, a bit testy this evening.
  • February 17 2011
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Profile picture for rparmar70
Have dealt with four realtors so far. All of them tend to push me to buy something somehow. So finally I have decided not to use any realtor at all. You all suck!
  • February 17 2011
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Buying or selling a home is one of the most important decisions and business transactions in a person's lifetime.  Using the guidance of a licensed professional Realtor is a great way to make sure you have the knowledge and expertise needed to have a smooth transaction.
  • February 17 2011
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Angela...you're a Realtor and you don't know why?
  • February 17 2011
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   Although I have been a licensed real estate broker since 1978 and a Realtor since 1977, there is not a transaction that doesn't present something new.  I call on my experience, my continued education, and my available resources which includes timely information available to me as a member of the National Association of Realtors and the California Association of Realtors.
   The internet offers vast amounts of information, but often not wisdom.  It also errs on the side of inaccuracy and even misrepresentation. Working with a Realtor who abides by a code of ethics (yes, there are lots of us), who honors the fiducuiary relationship to her client, and is honest in her dealings, should result in a good outcome for all parties.  That is not to say the path to that outcome won't have pitfalls, and that is where the  experience and professional commitment of a Realtor will have a great benefit to a buyer or seller,
Also, a community and professional reputation as a fair and competent person, one who follows through and gets the job done attracts other agents who welcome the transaction of such a person.  It is a real plus for the client that the Realtor represents. 

  • February 17 2011
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Profile picture for SteadyState
Joel and Paul ask:

"Why not Use a Realtor?"

The cost (typically 6% of purchase price) of using a REA is no longer economically justifiable. This commission is earned based mostly on luck and not skill. How? The home that sells for $1M and the home that sells for $500K require roughly the same time and skill fro REAs - but one agent gets $60K whereas the one a few blocks away gets $30K.

Information is available to everyone with an internet connection today that was only available to REAs a few years ago. This has reduced the advantage REAs provide their consumers.

There is no way to justify $100K today - the user finds the home he/she likes via the Internet, researches prices and home history, and can get statistics about the target neighborhood - so what can you Realtors do that educated people cannot do on their own?
  • February 17 2011
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Profile picture for blue screen exile
Well Darrell, since you just posted that "all Realtors®" are the same, then there is absolutely no reason anyone should select you.

And since you really want to hire a Realtor® since you don't have the "information", I suggest you hire one of those "unethical" ones that keeps posting deception on this website...

As for "more money"?  That is a NAR myth that was dis-proven a long time ago.  There are many threads on Zillow already covering that topic.  Besides, even if it sells for 3% more, with the 6% commissions coming out of the seller's proceeds, how is that any advantage to anyone?

Don't forget, you Realtors® state that if you represent a buyer, that you will negotiate a better price, which means it sells for "LESS MONEY", not "MORE", which just means you just proved yourself to be lying, or at minimum, highly deceived or mistaken.
  • February 17 2011
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The best reason to use a Realtor@ is they are there to look out for your interest. Realtors@ have access to sales data that the general public does nnot in most areas. You are more likely to sell more quickly and for more money with a Realtor@ marketing your home than trying to do so on your own
  • February 17 2011
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Profile picture for rockinblu
...........and as a seller if you don't want to use a REALTOR®, be sure to read this.
  • February 16 2011
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Angela - Do you really want us to tell you why YOU should use  Realtor?

I think not........silly question...........at least in its current form
  • February 16 2011
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Profile picture for blue screen exile
"Ouch, sounds like Pasadenan has had a bad experience with NAR or a few Realtors" -

Angela, You have it all wrong!  I was only answering your question about why YOU should use a Realtor® since the purpose of the forum is for consumers to answer Realtors'® posted questions that the Realtors® didn't know the answers to.  (If they knew the answer, then it was pretty pointless for them to be asking).

And if you don't believe that the NAR talking points are deceptive, I have a list of at least 40 that have been shown to be either 1/2 truths or complete lies, and have seen close to 200 such NAR published statements that are regularly repeated by Realtors® on this website.

After reading comments by NAR representatives on this website, it is pretty clear that a large percentage of them don't even know how to properly cite a source, and regularly plagiarize.
  • February 16 2011
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Zillow is not a forum for self serving proselytizing or shameful promotion.

What Zillow is great for is helping homebuyers with the vexing questions that can arise from buying or owning a home.

Now let's roll up our collective Realtor sleeves and help folks out.

And leave the dis-connective questions outside.
  • February 16 2011
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Profile picture for SoCal Engr
"Ouch, sounds like Pasadenan has had a bad experience with NAR or a few Realtors, but that shouldn't be used to judge all the Realtors in the US.  There are some bad apples and yes they need to be handled with more sever punishment but to judge everyone by that is not very ethical on your part."

Unfortunately, all it takes is one - the one you end up with. While Pasadenan does tend to paint with an overly broad brush at times, it seems better to err on the side of caution than to tell the RE newbie "trust the REA, they have your back." There's just too many examples of when this has not been the case...many on these forums.

The bottom line is...

Consumers need to be informed and be able to self-screen the REAs, because the industry has shown very little ability to self-police - except in the most aggregious instances. Even then, it's not until after the damage has already been done.
  • February 16 2011
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