I am sure most people would say we sell houses/businesses
and the like. That may be the way of the past, but I don’t think that is true any more.
The true product of today’s full service real estate company (which we are) is the ability to interpret the information available to maximize the return on your investment. (i.e., the commission you pay a REALTOR® for that ability).
With the availability of information regarding asking and sale prices, along with the advent of fee for service companies, truly anyone can put their home on the market. I believe the difference a full service company brings to you is the ability to know what the market in your particular area is doing. Are prices increasing? Are there competing offers happening in the area? Is there a development (good or bad) in the area that may affect price? What are the trends in the market? Is there a current shortage of supply? What is happening with mortgage interest rates? Are there any government policy changes that may affect the saleability of a home, or the ability of a buyer to qualify for financing?
If you add to that the specific knowledge and training that REALTORS® have regarding marketing/promoting properties, I believe REALTORS® supply a very important product in their knowledge, interpretation, and implementation of information.
When you are looking to buy or sell what may be your largest financial asset, would you not hire a professional? If you were thinking of investing $100,000 would you check the internet and make a decision, or would you check with someone who specializes in investing large sums of money, whether for the potential growth it might provide, or to ensure the security of the investment? Many real estate sales today involve far more than this amount.
Keep in mind that fees are always negotiable. Be sure to purchase the right real estate product for you – and I’m not talking about the four walls and a roof.
Be sure to call one of our real estate professionals and discuss the product they offer… you may find it’s more valuable than you anticipated.