Reasons to Hire a Utah Realtor!!!
Some people try to list or buy their own home. I can understand and appreciate trying to do this. We all want to save some money, especially in today’s economic environment. I applaud frugality and sound economic principles. It is precisely because of this, that I advocate using a Utah Realtor in the majority of cases. Buying or selling your home is one of the bigger financial decisions you will make in your life. You will make a better decision, save time, and more often than not save money by using a licensed Utah Realtor.
Some of the big benefits of using a Utah Realtor:
1. Pricing Expertise
Even the most sophisticated homeowner or buyer doesn’t understand the residential home market as well as a licensed and active Realtor. One of the biggest mistakes that people make when trying to sell their home is mispricing it. Properties sit for months because they are overpriced and then they can become stale. This will sometimes allow the home to not sell for months as people think there might be something wrong with the home. A good agent will make sure the property is priced properly for the market and help saving significant time. Knowledge of the residential market is also critical when buying a home as to not overpay for something.
2. Ethical Consideration
When using a Realtor who is a member of the National Association of Realtors (NAR), you can be confident that this person cares about you and your interests. Licensed Realtors who are members of NAR have a fiduciary obligation to put your interests above their own. When making large decisions in personal or professional life, there is significant comfort and absolute value in having competent people on your team to accomplish your goals.
If you have purchased a home before, you may remember the significant paperwork that is involved with buying a home. It is easy to become overwhelmed with the Real Estate Purchase Contract (REPC), addendums, title documents, loan documents, inspections, etc. Not only is it great to have these all organized by a real estate professional, but also they will look out for your best interests. And while a Realtor is not qualified to give legal advice (always consult your legal professional), in many states, like Utah, most residential transactions don’t involve attorneys. A Realtor can help you avoid some major pitfalls.
4. Time Savings
The significant time involved in purchasing or selling a home is lengthened without a Realtor. In addition to the already mentioned reasons that could save you significant time and money, it is also just much faster to work through the process with a professional who knows the ropes.
As calm as you’d like to think you are, when it comes to negotiating items with a seller about a home you are buying, it can be easy to become unglued. Moving is stressful and is an emotional decision and time in people’s lives. Often times people will become emotional and will derail a transaction if there isn’t a Realtor acting as a buffer.
This list of 5 reasons why you should use a Realtor in Utah when buying or selling a home is not exhaustive. There are real financial and tangible benefits of using a Realtor that some people don’t see.