2 minute read
It Makes A Difference: Why Work with a REALTOR®
by SB Magazine
The state’s real estate market has been fast-paced and competitive, primarily because the available inventory is low. Whether you are dealing in residential or commercial, especially in this climate, real estate transactions are time-consuming and complicated.
Is it worth your time and money to hire someone who has kept up with industry changes inside and out, and is engaged in the business full time? Definitely! A REALTOR® who is knowledgeable and professional will save you time and money. Real estate licensees who are members of the National Association of REALTORS® (NAR) and the state association, Louisiana REALTORS® (LR), market themselves as REALTORS®, and they are accountable to a strict Code of Ethics to remain in good standing. Partner with someone who can handle all the details, so you don’t have to.
What makes a knowledgeable and professional REALTOR®?
Real estate transactions involve one of the biggest financial investments you will ever experience. Here are four ways to ensure you are well-represented: Save the stress. A Professional REALTOR® should make the process feel seamless, handling issues that may arise during negotiations, inspections, the mortgage process, etc. REALTORS® are better equipped to handle difficult situations in your best interest, keeping you at ease during what could be a long and stressful process. More importantly, they should commit to maintaining regular communication from day one until closing so that you are always in the loop on your transaction and prepared for the next step. A REALTOR® will keep you focused on your negotiating position, especially in a multiple offer situation. Leveraging the service of a good REALTOR® to manage your transaction can save you thousands of dollars and unnecessary stress. Time is money. Scheduling open houses and showings can be overwhelming.
An advocate looking out for you and only you. Professional REALTORS® are part of an association to keep a pulse on the ever-changing rules and regulations governing property sales, which can directly affect the market. Remember, this is a legal transaction with a lot of moving parts. You need someone who fully understands the entire process and brings expertise to the transaction. Select a REALTOR® that understands your needs and puts your interests at the forefront. Make sure to work with a REALTOR® that has good relationships with others associated with the transaction –this means expert recommendations on professionals to help you navigate any unforeseen issues.
Get the inside scoop. Your REALTOR®’s knowledge of the community and information about specific neighborhoods and development plans is invaluable. REALTORS® are often pillars of their community, serving as a collective voice and invested in issues that protect homeownership and property rights. They know the market and have the tools to identify and connect great opportunities for buyers and sellers. The engaged REALTOR® pays attention to the constant flow of information from NAR & LR on issues that impact the real estate market. A professional you can trust. Committed to learning. A trusted REALTOR® goes beyond licensing requirements to seek out educational opportunities, like nationally recognized designations or certifications. Knowledgeable REALTORS® go beyond the minimum continuing education required for licensees and have a thirst for information to better serve you. They may leverage the experience of their colleagues or associate with companies that offer ample growth opportunities. Be on the lookout for REALTORS® with valid credentials in their signature or business cards - like ABR, CCIM, CRS, GRI, SRS. Taking and investing in these additional steps better prepares agents to handle tricky transactions with skill and poise.
Louisiana REALTORS® (LR) is the statewide trade association of 16,000+ residential and commercial practitioners. Its mission is to connect REALTORS® to resources for success while championing economic development and serving as an advocate for homeowners and private property rights. There are 10 local associations across the state under the LR umbrella – each one provides location-specific resources and service for its members. Unlock and see why a REALTOR® is the key. Visit larealtors.org/consumers to find a REALTOR® today.
