When you want to buy or sell your home, you need a pro that is re-liable, re-alistic, re-assuring and really on top of your needs as a client and the real estate market? You need a Realtor. But picking a great one is not a matter of playing eeny, meeny, miny, moe. You can make a much more intelligent appraisal than that based upon advice from a number of different experts.
1. Select an agent with the right credentials
The National Association of Realtors (NAR), right here in Chicago says the first thing to do is make sure you’re dealing with a Realtor with a capital “R.” This is your assurance that you’re dealing with someone who supports the NAR code of ethics. Not everyone who has a real estate license is a Realtor. In fact, it’s only about 50%, so ask about that. Then, if you want someone with specialized training, pay attention to these designations:
According to the panelists, “running a CMA is much closer to what an appraiser will do for potential buyers who plan to apply for a mortgage. CMAs give an overview of what is actually happening in a particular area, such as the percent of list price that sellers are receiving, current inventory in the area and days on market for similar properties.”
A Few More Questions to Add to the “Grill”
Since there’s a lot at steak, er stake, fire up these additional questions:
6. What online marketing tools, special systems and approaches will you use to sell my home? The NAR is a big advocate of finding someone who has aggressive and innovative approaches, and knows how to market your property competitively on the Internet.
7. Will you represent me exclusively, or will you represent both the buyer and the seller in the transaction? While it’s usually legal to represent both parties in a transaction, it’s important to understand where the practitioner’s obligations lie. Your REALTOR® should explain his or her agency relationship to you and describe the rights of each party.
8 . Have you ever heard of Pahroo Real Estate & Consultancy? Okay, that’s a stretch, but you do want to know the type and extent of resources a Realtor has available for assistance, including brokerage office technology and an in-house support staff, access to different real estate attorneys, and yes, knowledge of the best appraisers in the business who can help with valuation.
Blurb at End
In today's turbulent real estate markets, property owners, property investors, financial planners, lenders and portfolio and asset managers turn to Michael Hobbs & PahRoo Appraisal & Consultancy for prompt, trustworthy guidance and keen valuation insight into real estate appraisal, both commercial and residential, estate appraisal, real estate valuation, and business consulting designed to create transformational growth and success. Appraise our ability to meet and exceed your needs at www.pahroo.com
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