The use of a Realtor® in your Real Estate transaction can mean the difference between a good deal and a great deal for a Buyer or Seller.  Professional Realtors® are trained to assist with negotiations, prepare legal sales and purchase contracts, advise on comparable properties and prices, and numerous other important activities involved in Real Estate purchasing and sales.  Realtors®, for example, will provide expert guidance with a multitude of situations such as the following:

• Is your home in a flood plain, and if so, what needs to occur prior to selling?  How does this impact a buyer?
• The buyer has signed a contract, but now cannot obtain financing.  Will the sale fall through?  Will the buyer ever qualify to purchase a home? Could this situation have been prevented?  How?
• The home inspector has found evidence of mold in a home during an inspection.  What are the implications of this?
• What happens in the event of a contract dispute between parties?  Can negotiations resolve them?  Who manages the escrow money in the case of a dispute between buyers and sellers?
• What is a Sellers' Disclosure form?  Why is it important?  What does it mean to both buyer and seller?
• Is there a three-day Right of Recision on Real Estate purchases?  How does this impact your contract?
• What happens if either party is unable to fulfill their contractual obligations?

Realtors® are an invaluable resource.  The purchase of a home is the single largest one-time expenditure most people make in a lifetime.  Shouldn't it be handled professionally?

REAL ESTATE

INDUSTRY STATISTICS

• 40% of homebuyers are First-time buyers.
• The median age of buyers is 40 years.
• More than 50% of buyers are married with no children living in their home.
• 28% of all buyers will purchase a new home.
• The typical buyer will walk through 10 homes and search for 8 weeks before finding a home to purchase.
• 86% of buyers utilize Realtors® during their home search; 75% of buyers buy wth the assistance of an agent.
• 42% of buyers use the Internet as part of their home search.
• Buyers will typically search for homes independently for 2 weeks before contacting an agent.
• 89% of homebuyers who used a Realtor® will use one again in the future.

• 93% of buyers obtained a mortgage to finance their new home.

Statistics from 2003 National Association of Realtors “Profile of Buyers and Sellers”