“I am not working with a Realtor, I don’t think I need one…” I frequently hear comments like this from callers who want to know where a particular property is located so that they can drive by. Occasionally they will say that they have bought and sold property in the past so they are confident in their ability to handle the transaction.
Of course, I never question them but just let them go on their merry way. But often I want to say a whole lot…and that’s what’s nice about having a blog! I can say it here, so watch out! INCOMING RANT !
I have been in real estate marketing since 1991, that’s 18 years. I meet every Tuesday morning with a group of other Realtors, most of whom have been in real estate longer than that. You know what we talk about? All the NEW THINGS WE HAVE LEARNED that week so that we can help each other out.
Since 1991 I have been involved in at least 700 real estate transactions, probably more than that, I haven’t counted them up. Every single transaction is different and I learn something new almost every time. In fact, that is one of the things I like most about real estate. It isn’t repetitive and boring, your head has to be in the game all the time.
We work with a lot of different people during the transaction. Here is only a partial list. I will add to it as I remember more.
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Buyer
Seller
Title Company
Lender
Appraiser
Surveyor
Inspector
Engineer for Well and Septic
Structural Engineer
Electrician
Plumber
General Contractor
Mold Specialist
Radon Specialist
Borough Government
City Government
…I’ll think of more
All the people above are needed to help with a part of the transaction that if not completed can kill it. Each of these have specialized knowledge to help navigate the obstacles that occur in each transaction.
A Realtors job is to coordinate the transaction from start to finish.
And that’s only part of the job.
And if the transaction doesn’t close…guess what! We just worked about 100 hours for nothing.
That’s why I like real estate. It’s not boring.