Most property sellers and buyers hire realtors because they want seasoned professionals to negotiate the best possible outcome in a sale. For Sean Dailey, Chicago and its real estate market is where his expertise lies. Contact Sean Dailey if you need help looking for a property to buy or selling your own property.
What are the benefits of hiring realtors, as a home seller?
For people who are selling a property for the first time, a realtor’s expertise and knowledge can work wonders for making a good sale. Not only do realtors take off the burden of keeping track of your paperwork and dealing with lawyers, but they also give you honest opinions about your house and its pricing.
You want to get the sale price the first time so that you attract great buyers. If you set the price too steep and don’t attract buyers, you’ll have to reduce the price again. By this time, your house was in the market for a long time, causing suspicions among your potential buyers. So, getting the price wrong the first time will only make a sale more difficult in the future, even if you reduce the price.
This is why it’s good to have a realtor help you set a price because they know what a reasonable price would be. They should be able to provide you with a CMA (Comparative Market Analysis Report), which lists other properties similar to yours and its pricing. Generally, realtors would have better access to these types of listings that are not available to the public.
What’s the difference between a realtor and a real estate agent?
People often confuse the terms realtor and real estate agent, but it’s essential to understand the distinction between the two. Both realtors and real estate agents need licensing to offer their services to buyers or sellers. However, a Realtor is an active member of the National Association of Realtors (NAR).
In other words, all realtors are real estate agents, but not all real estate agents are realtors. Being a part of the NAR means that realtors observe a specific code of ethics set by the association. For example, the NAR sets the commission for realtors at 5%. If you’re looking for a realtor that’s knowledgeable in both commercial and residential properties, contact Sean Dailey in Chicago.
Questions you should ask a realtor
You should always enquire about how much experience they have with the location of your property and the type of your property (commercial or residential). Good realtors should be able to produce a list of past clients who can vouch for their services.
If you’re a seller, ask a realtor for an honest opinion about the flaws in your house. Transparency is key, and an honest realtor should give you objective feedback about your property.
As a realtor, Sean Dailey in Chicago dealt with many different property transactions, both commercial and residential. Contact Sean Dailey or visit our website to see testimonials from our past clients.Sean Dailey chicago