Posts tagged Why Use a Realtor – decoding NAR-speak

Why Use a Realtor – decoding NAR-speak

In many markets across the country, over 50% of real estate sales are cooperative sales; that is, a real estate agent other than yours brings in the buyer.  Your Realtor acts as the marketing coordinator, disbursing information about your property to other real estate agents through a Multiple Listing Service or other cooperative marketing networks, open houses for agents, etc. The Realtor Code of Ethics requires Realtors to utilize these cooperative relationships when they benefit their clients.I should hope that more than 50% of sales are performed without Dual Agency….  Your Realtor will generally prescreen and accompany qualified prospects through your property.a – I want to see that study.b – Allowing strangers into your home is the whole point of the MLS and lockbox system we use!…  Your Realtor is the best person to objectively help you resolve these issues and move the transaction to closing (or settlement).Managing the process and transaction and knowing the pitfalls and problems that may arise is one of the key components a good Realtor brings to the transaction.It’s getting harder to say “I’m going to market your property better than the rest,” because the distribution tools are flattening; more on this in another post.Did I mention that if we eliminate Dual Agency and End Cooperative Compensation many of the problems go away?

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