Seeking out Realtor services is a big step for anyone who's planning to buy, sell, or rent a house. Deciding when it might be time to talk about hiring a Realtor, though, doesn't have to be a big deal. Here are three ways you can tell whether you need to look into Realtor services.
Conducting a Detailed Search
It's fine to work without a professional's support when you're just getting a ballpark idea of what the market looks like. When you need to dig down into the details of the search, though, it's time to contact a Realtor. They can help you look at localities that offer the best options in terms of taxes, schools, amenities, and access to transportation. You'll also have help with looking at options within your price range, and a pro can even assist you with a focused search for a specific type of structure, such as a townhouse.
Anytime You Make a Representation
This applies almost exclusively to buyers, but it's a big reason to ask for Realtor services. When you communicate any of the specifics about a property with a potential buyer, the law says you're making a representation. This includes creating online listings and fliers, and it even includes the things you might say during a conversation.
Ending up on the wrong side of this issue may have drastic consequences. In the best-case scenario, you might be able to make up with a buyer by offering money to address a misrepresentation. In the worst-case scenario, you may end up in court to answer for allegations of fraud. This is one of those situations where trying to save money on Realtor services might cost you in the long run.
Time is Not on Your Side
Suppose your employer has asked you to move to a new city. Dealing with a move to a new town and working arrangement is a big enough imposition on your time as it is. It might be easier to hand a realtor a list of your requirements for a place you need to buy or rent. They can then hunt the best properties down and help you choose from a handful.
If you're really in a crunch for time, they can even tour the places and tell you about the pros and cons of each one. Once they've picked a property out, you can just sign off on the paperwork.