Why Use a Realtor

RealtorI was talking to a Realtor friend recently and she related to me a story that exemplifies the value in using a Realtor.

Of course, the first course of action on the part of a buyer or seller is due diligence to ensure they choose an ethical, knowledgeable and skilled professional.

My Realtor friend’s client decided to attend a recent auction to bid on a condo. There was a great deal of planning and preparation the real estate agent had to do prior to the auction to ensure that she and her client had the best possible chance of success.

The auction was hectic and confusing for first time people. The auctioneer was increasing the bid by $10K increments and the client did not want to bump the existing bid by $10K. The Realtor informed the client that she could bump the bid by whatever she wanted. So, the client bumped it by $5K and was successful with the bid.

They were ushered off to complete the transaction and the first hiccup was that the auction people had a sales figure $20K above the bid. The Realtor challenged this and in abut 20 minutes they got the sales price corrected.

Next was financing. They were sitting across from a major lender and the Realtor asked the lender – Don’t you give some kind of discount to your employees? Sure, they said – we cover the closing costs. Well, this woman works for the bank.

The real estate agent then asked – can we buy down the interest rate? Sure, for $800, you can reduce your monthly payment $600 a month.

The point is that transactions are complicated and confusing at times, an experienced, knowledgeable third party can help reduce the client’s stress and frustration and often save them a ton of money.

We have 5 professional Realtors on our team with proven skills and knowledge. With over 650 closed escrows, we have plenty of clients that will vouch for our performance and character.

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