Doing the work yourself may save you money but be aware there are many pitfalls. If you buy a “For Sale By Owner” (FSBO) house and the seller agrees to reduce the price by 3% (half of what a listing agent would receive), you may profit. However, brace yourself: a do- it-yourself home purchase might be much pricier in the long run than a real estate agent’s commission. It costs money to do business. You want to be sure this money is well spent. Second, do you know how to read and write a professional contract? Do you know what documents and city zoning requirements are pertinent when considering a property of interest? Do you know how to obtain and interpret these documents? I know these matters and the questions to ask. I will also handle the associated fees. Third, do you have a team of trusted professionals: lawyers, mortgage lenders, insurance brokers, and home inspectors who are dedicated to serving and protecting your best interests?
I do.
Fourth, do you carry errors and omissions insurance to ensure you are covered if any mistake is made in the real estate transaction and you are being sued?
As your professional real estate agent, I carry this insurance.
Next, as a real estate agent, I will have better access to the market and a special knowledge of local conditions. I am a full-time liaison between sellers and buyers. I have ready access to other properties listed by other agents and pocket listings (properties 3
Powered by FlippingBook