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5 Good Reasons to Work with a Realtor

September 26, 2019 Tags: , , , , , , ,

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Buying or selling a home is a significant step in life, no matter what side of the equation you’re on. It’s a complex and time-consuming task that can be very stressful, especially if it’s your first time or if it involves complicated family dynamics such as a divorce or inheritance. In such cases, the experience and advice of a professional is invaluable. So here are five reasons to get a realtor.

1. The right price from the get-go

Realtors have many tools to assess the value of your property in the current market. This includes a list of comparable properties that have been sold within the past 18 months. Market statistics and a knowledge of the sector are other valuable assets realtors use to determine the best sales strategy. It’s important to set the right price at the start because if your house is too expensive it won’t sell, even if you lower the price a few weeks after it’s first listed.

The market has been very active in recent years, so if there are multiple competing bids on a property you’re looking to buy, your realtor can advise you on the best strategy and price to seal the deal.For more information on this topic, read our article on multiple offers.

2. Valuable administrative support

Realtors don’t stop at simply selling your home or finding you that rare gem of a property. They will patiently and diligently guide you through the entire buying or selling process, from getting your home assessed to stopping by the notary’s office. Realtors are experts in their field and know all the administrative procedures to follow and documents to sign to complete the transaction. You can also get help with filling out the mandatory seller’s declaration or ordering a new certificate of location.

Buyers will have all the information they need to make an offer to purchase and obtain things like mortgage broker references.

3. Precious time saved

Buying or selling a property on top of work, kids, hobbies, and vacations is like trying to cram another full time job into your already busy schedule. Entrusting your property to a realtor saves you a significant amount of grief—and time. The realtor and their team will take care of everything, from staging the property for photos and organizing open houses to preparing the necessary documents and submitting the bid.

The key is to find a realtor you trust who will take the time to explain all the steps to you and regularly follow up on your file. 

4. Maximum visibility the moment the property is listed

Listing your property is a crucial step in the sales process. You need to use all the tools at your disposal to make the property look appealing and capture the interest of as many potential buyers as possible. Entrusting your home to a realtor gives you access to numerous marketing tools that boost visibility, such as professional videos, newspaper ads, promotion on social media, and virtual tours. Your home will also be available to all realtors in Quebec on and internationally if you choose a banner that displays in several countries.

5. A smooth and painless transaction

Realtors in Quebec must comply with the rules of the Real Estate Brokerage Act and are required to adhere to a special code of ethics. Furthermore, the mission of the Quebec real estate brokerage authority (OACIQ) is to provide protection to individuals who use real estate and mortgage brokerage services. Visit the OACIQ website for a wealth of information on the protection available to you under the Real Estate Brokerage Act. 

In addition, agencies such as RE/MAX offer protection programs that provide financial and legal assistance if there are closing delays, the buyer backs out, or there is a death or latent defect. The programs are TranquiliT, IntérgriT, and SécuriT.

The protections provided by the Act combined with those from the RE/MAX programs are a good way to guarantee your transaction goes through without at hitch.

As you can see, there are many advantages to working with a realtor. Buying or selling a property is a big step and it deserves to be approached with patience and expertise. The key is to work with a realtor you trust who will act in your best interest.

Our team of real estate professionals would love to hear from you. Send any questions you have to!

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