According to the Cambridge English Dictionary, a realtor is a real estate agent or a person who sells or rent houses, land, offices or buildings and who is a member of the national Association of Realtors. In reference to this descriptions, we can highlight a number of reasons why you should sell your land using a real estate agent. These Include:
1. You will not skip a step
A realtor understand the whole sales process. It is highly likely that you could be owning a real estate property and in this context land, but you don’t know how to go about it when you want to dispose it off. A realtor understands the rules of the game and so will help run through the process without skipping a step.
2. A realtor has good grasp of the market dynamics
Based on his/her experience, a realtor can help you understand how to go about it. He/she can help you on pricing. Real estate value, land included advances over time. A realtor will help you establish the current market value. He/she also knows the specific marketing strategies that sells. You can attest that establishing price and marketing plan will be quite some task, if you chose to do it by yourself.
3. Avoid being manipulated/cornered
From the above definition, you note realtors are always registered, implying that they comply with certain state statutes and guiding procedure. It is also prudent to note that the return on land sale are always high and any other person selling for you might want to pursue their interest more than yours. They may endorse compromise and trickery so as to benefit more. By selecting a realtor, you will be free from being cornered because they are regulated, they know their role, their limit, their share and the consequences of misrepresentation.
4.Follow up, negotiation and closing
lt is always one thing to identify a buyer and so many other very crucial stages that determine whether, you will have a successful sale or you will get back to the market. Realtors are very good at, identifying buyers, profiling them, follow up, negotiation and closing. They will help you save on time, by knowing which leads are hot to close and cold to move on. They know when to invite for meetings, when to call for documents and when to ask for payment.
When you contract an a realtor to sell your land, you enter into an agreement that is fully executed for future reference. His/her mandate are clearly indicate. The contract can be use as terms of reference as you monitor their performance, This eliminates imbalances and any unfair action or complacence. Remember you are also entering into a contract with someone who is regulated and who will honestly carry out his/her duties to secure his/her reputation and renew their license to continue acting on behalf of land owners.
Land is an fixed asset whose value appreciates over time. When you want to sell it, you should get value. The understanding of the process, market dynamics, honesty, closing and accountability can be delivered by a realtor who is licensed and regulated. This is quite involving, you can sign up with one, let them do the work as you wait for value in good time.