Truth Be Told, A Realtor Matters by Holly McGinty

Holly McGinty
Realtor with Verrado Realty
Verrado Resident

Using a Realtor has always been the tried, true and successful way of selling a home. There are a number of reasons for this, the least of which is dollars and cents. A Realtor will guide you through the maze of paperwork, documents, and disclosures during the listing process. A Realtor will also help you with ideas for staging your home if necessary. Done well, you can be assured you will receive qualified buyers viewing your home.

Selling a home can be very emotional for a family. A home is so much more than just four walls and a roof. It is the heart and soul of a family, the foundation where memories are created. Realtors understand that human connection and the emotional side of selling a home. A good Listing Realtor will also know the community well, look over every offer from your prospective buyer, have great negotiation skills and guide you through a sale agreement that fits your needs. Your Realtor will be there for you through the entire process of selling your home.

Over the last couple of years, there has been an introduction of a few seemingly innovative ways to sell your home or purchase another.  There are a couple of companies that have popped up looking to make inroads into the secure and respected way we all buy and sell real estate.

These companies have very similar methods of operation. They will offer the owner a “reasonable price.” If accepted, the companies then take ownership of the house, fix it, and then flip it. However, since they are a business, working towards a profit of course, and the house they now own might take a while to flip, there are exorbitant fees involved. Fees vary from house to house, depending on the amount of work needed to get the property in top shape, as well the time it takes to close escrow. They can range from 8% (of the sales price of the home) to as much as 10.5%, a rather large increase in your real estate fee (25%-43% higher) as compared to a Realtor’s fee of 6%. The obvious positive here is that it would be a very quick sell since the company actually takes ownership.

While there may be some pros to utilizing one of these companies, the advantages of using a Realtor, as listed above, outweigh them.

A Realtor’s fiduciary responsibility is to you. You will have someone looking out for your best interest in every situation. And, to sum up, a Realtor’s oath to you, it would be Integrity, Service, Commitment, Success, Passion, and Heart.