Why Use Reaction Realty When Buying Your Property?
The Pleasurable experience of looking for your dream home can sometime become challenging. The real estate Market has seen some incredible changes since 2003; Price increases and decreases, foreclosures, short sales, interest rate fluctuations, investors buying up the market place making it difficult for the real home buyer to find a home at an affordable price.
We at Reaction Realty have assisted thousands of families find their dream home at a price they can afford comfortably. We begin by finding the area most suitable for you as the buyer, by taking into consideration schools, employment, shopping accessibility, family and friends.
We qualify you with top lenders in the mortgage field who are skilled with programs that will provide you with the best options as well as lower interest rates and closing costs.
Our preferred inspection company (if you choose to use) are top in the field in checking all the electrical, plumbing, roofing, heating, air conditioning, home structure, exterior, interiors, ventilation/insulation, pools, seawall, etc.
All appraisals are called in from the Lending bank and are based on the recent sales and condition of your purchase property for your protection in attaining the correct home value for your protection.
We at Reaction Realty help you through the entire process from searching for your dream home to attaining the best financing option to making sure the entire process is as seamless and enjoyable as possible.
The Bottom Line:
It's extremely important that you work with an experienced professional Real estate agency that can help guide you through the home buying process.
A good agency can expose you to areas, home styles and financial options you might not have considered. They might save you a great deal of money - or save you from a terrible mistake. At the very least, your Realtor can help you avoid the numerous potholes that too often plague the road to home ownership.
Why Use Reaction Realty When Selling Your Property?
The selling process generally begins with a determination of a reasonable asking price. Reaction Realty Group can give you up-to-date information on what is happening in the marketplace and the price, financing, terms and condition of competing properties. These are key factors in getting your property sold at the best price, quickly and with minimum hassle.
The next step is a marketing plan. We can recommend repairs or cosmetic work that will significantly enhance the salability of the property. Marketing includes the exposure of your property to other real estate agents and the public. In many markets across the country, more than 50 percent of real estate sales are cooperative sales; that is, a real estate agent other than yours brings in the buyer.
Reaction Realty group acts as the marketing coordinator, disbursing information about your property to other real estate agents through a Multiple Listing Service or other cooperative marketing networks, open houses for agents, etc. The REALTOR® Code of Ethics requires REALTORS® to utilize these cooperative relationships when they benefit their clients.
Advertising is part of marketing. The choice of media and frequency of advertising depends a lot on the property and specific market. For example, in some areas, newspaper advertising generates phone calls to the real estate office but statistically has minimum effectiveness in selling a specific property. Overexposure of a property in any media may give a buyer the impression the property is distressed or the seller is desperate. Reaction Realty Group provides the expertise in when, where and how to advertise your property. There is a misconception that advertising sells real estate. The NATIONAL ASSOCIATION OF REALTORS® studies show that 82 percent of real estate sales are the result of agent contacts through previous clients, referrals, friends, family and personal contacts.
When a property is marketed with an agent's help, you do not have to allow strangers into your home. Agents will generally pre-screen and accompany qualified prospects through your property.
The negotiation process deals with much the same issues for both buyers and sellers, as noted above under the buying process. We can help you objectively evaluate every buyer's proposal without compromising your marketing position. This initial agreement is only the beginning of a process of appraisals, inspections and financing -- a lot of possible pitfalls. We can help you write a legally binding, win-win agreement that will be more likely to make it through the process.
Monitoring, renegotiating and closing
Between the initial sales agreement and closing (or settlement), questions may arise. For example, unexpected repairs are required to obtain financing or a cloud in the title is discovered. The required paperwork alone is overwhelming for most sellers. Your agent is the best person to objectively help you resolve these issues and move the transaction to closing (or settlement).
Why use a REALTOR®?
All real estate licensees are not the same. Only real estate licensees who are members of the National Association of REALTORS® are properly called REALTORS®. They proudly display the REALTOR® logo on the business card or other marketing and sales literature. REALTORS® are committed to treat all parties to a transaction honestly. REALTORS® subscribe to a strict code of ethics and are expected to maintain a higher level of knowledge of the process of buying and selling real estate. An independent survey reports that almost 85 percent of home buyers would use the same REALTOR® again.
You be the judge:
Real estate transactions involve one of the biggest financial investments most people experience in their lifetime. Transactions today usually exceed $100,000. If you had a $100,000 income tax problem, would you attempt to deal with it without the help of a CPA? If you had a $100,000 legal question, would you deal with it without the help of an attorney? Considering the small upside cost and the large downside risk, it would be foolish to consider a deal in real estate without the professional assistance of a REALTOR®.