Many people say to the selves why use a Realtor, I can sell it or buy it myself. Listed in this article http://www.pmar.org/documents/Consumer%20Resources/The-Critical-Role-of-the-REALTOR.pdf ."The critical role of a Realtor in a real estate transaction" are the vast duties that a Realtor cooridinates during a single transaction.
THE CRITICAL ROLE OF THE REALTOR® IN THE REAL ESTATE TRANSACTION
Listed here are nearly 150 typical actions, research steps, procedures, processes and review stages in a
successful residential real estate transaction that are often provided by Realtors®. Depending on the
transaction, some may take minutes, hours, or even days to complete, while some may not be needed.
Certain tasks apply for Realtors® working with sellers; others only apply to those working with buyers.
More importantly, they reflect the level of skill, knowledge and attention to detail required in today’s
real estate transaction, underscoring the importance of having help and guidance from someone who
fully understands the process – a Realtor®.
And never forget that Realtors® are pledged to uphold the stringent, enforceable tenets of the Realtor®
Code of Ethics in their professional dealings with the public. Not every real estate licensee holds
Realtor® membership. Make sure yours does!
1. Make appointment with seller for listing presentation
2. Send seller a written or e-mail confirmation of listing appointment and call to confirm
3. Review pre-appointment questions
4. Research all comparable currently listed properties
5. Research sales activity for past 6-12 months from RMLS™ and public records databases
6. Research "Average Days on Market" for this property of this type, price range and
location through RMLS™, and Market Action report
7. Download and review property tax roll information
8. Prepare "Comparable Market Analysis" (CMA) to establish fair market value
9. Obtain copy of subdivision plat/trio
10. Research property's ownership & deed type
11. Research property's public record information for lot size & dimensions
12. Research and verify legal description
13. Verify tax statement and zoningVerify legal names of owner(s) in county's public
14. Prepare listing presentation package with above materials
15. Perform exterior "Curb Appeal Assessment" of subject property
16. Compile and assemble formal file on property
17. Confirm current public schools
18. Review listing appointment checklist to ensure all steps and actions have been
Listing Appointment Presentation
19. Give seller an overview of current market conditions and projections
20. Review agent's and company's credentials and accomplishments in the market
Posted on November 15, 2013 at 5:21 pm Bradley Mulliner |