When you list with a Realtor, your home is posted on The Cambridge Real Estate Board’s website and the listings are uploaded from our board to Realtor.ca. The Cambridge Real Estate Board has 300+ agents and the KW board has 1200+. Each of those agents has a list of buyers looking for a new home who will be automatically be sent all the new listings. This ensures maximum exposure to thousands of people 24-48 hours from the time you sign the listing and increases the likelihood of multiple offers on your home.
One nameless company sells a kit to sell your own home. They can’t/won’t help you with wording when it comes down to reading an offer. A single word can change the meaning of a clause. You need an expert to guide you and explain the meaning of each clause. They don’t reveal the fact that your home is never posted to any Cambridge or KW Real Estate Board websites. They use a real estate company outside of this area to post your listing. The Cambridge and KW Realtors are most likely unaware that your home is listed.
Realtors qualify their buyers and control access to your home’s showings. Once a client has expressed interest in viewing your home, the listing agent escorts the Buyer back through the home. Qualifying a buyer ensures that anyone viewing your home can afford to purchase it. You do not want to find yourself in a situation, merely days before the moving date, where the buyers cannot afford the home. Both properties would be in jeopardy of lawsuits.
Selling your home privately still requires the services of a lawyer. Most lawyers will use the words “as is” or “not warrant” in some of the most important clauses in your offer. Never having been in the home and because, of course, they aren’t realtors, they must protect themselves and you from liability. These words make prudent buyers nervous. They conjure up worries that the fixtures and chattels are not in good working order or free from liens and encumbrances.
We have a term called, “arms length transactions.” Offers that are negotiated by a Realtor fall under this heading. Unlike Buyers and Sellers, they can remove themselves from the emotional aspects that arise during the course of negotiations, keeping tempers cool and using their skill with wording to guide both parties through the paperwork and come to an agreement.
The smoothest of transactions that close can come back to haunt a seller. Square footage, changes to tax, omission, errors after the fact that can find both parties in court can be avoided using a realtor’s knowledge and skills. A realtor must have errors-and-omissions insurance and, like any other insurance, provide reassurance to sellers and buyers that accuracy in the transaction will keep them out of court.
Finally, as a Staging Realtor, I can help increase the value of your home by making recommendations for preparing your house prior to listing on the MLS system.
If you need assistance selling a house, fill out this form and we will help you evaluate your home's worth!