If you have ever bought or sold a home, you are probably familiar with the term Multiple Listing Service. Itâ€™s a convenient way to locate most homes for sale, and access to that data has created a new kind of buyer who expects a high level of service from real estate professionals, and the competition is admittedly fierce.
With nearly three out of four buyers searching the Internet for homes, the role of agents has certainly changed, but has not lessened in any way. Now that locating a suitable property has become easier, itâ€™s the ability to negotiate an accepted Offer To Purchase that becomes paramount, especially in hot markets where sellers may be entertaining multiple offers.
When the offer is accepted, the rest of the Big Picture comes into view. An agent or broker is essential for organizing all the aspects that will bring the transaction to a successful close. Consider arranging inspections, guiding the mortgage process, setting up escrow accounts, securing title insurance, helping plan the move, arrange the closing, and so on.
There is no doubt that the Internet and wide access to real estate data has improved the buyerâ€™s knowledge and position, but you canâ€™t buy the kind of experience that a professional can offer. You can find your next home online, but it takes an agent to put you in it!
Bennington VT, Buying, Selling