What to Expect From a Real Estate Professional
A Realtor® will not take it for granted that you know all the ins and outs of the buying/ selling process. Instead, he, or she will provide you with a full explanation of what to expect and that's important so you're not faced with any surprises along the way.
One of the first questions a Realtor® will ask is, Why are you moving? A Realtor® will also explore any time constraints you might have (perhaps imposed by the need to relocate for employment), your financial situation, and any plans.
A Realtor® will help you identify what you want in your new residence. A pool? A garage? An extra room? A particular building design? What about the neighborhood? Proximity to schools or work? A Realtor® will compare your needs, wants, and budget with what is available on the market and make recommendations that save you time and effort.
He or she will also accompany you as you view houses and help you assess their suitability and price. As an expert on a property, a Realtor® can provide facts on the neighborhoods, the cost of heating, the condition of the furnace, and so on. In other words, he or she will work with you to achieve your dream.
Multiple Listing Service® or MLS® is an exclusive service accessible only through a Realtor® and it can be a valuable tool. Through MLS®, the details of a wide variety of listed properties are made available to the Realtor® you work with. That can save you a tremendous amount of time and effort in your hunt for the right home.
Realtors® have extensive knowledge of the financing choices available to home buyers and their options and obtaining financing at the most attractive prevailing rates and terms.
Realtors® are experienced in arranging fair deals. He or she will assist in negotiating an offer, acting as a mediator to head off potential conflicts between you and the seller, and draw up a legally binding agreement.
Most real estate professionals in our province are members of the Ontario Real Estate Association (OREA) and only members of OREA can call themselves Realtors®.
When you work with a Realtor®, you can expect not only strict adherence to provincial laws but also adherence to a Code of Ethics. And that code is very important to you because it assures you will receive the highest level of service, honesty and integrity.
Before receiving a real estate license, candidates must successfully complete an extensive course of study developed by OREA on behalf of the Real Estate Council Ontario. That is only the beginning: in the first two years of practice, licensees are required to successfully complete three additional courses as part of their articling with an experienced broker. In addition, all licensees must continue to attend courses throughout their careers in order to maintain their license.
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