Role of the Realtor
June 29, 2007
Realtors provide many valuable services, researching, procedures, processes and review stages in a successful real estate transaction.
Homeowners have a greater option of choices then ever before. Before signing a Listing Agreement, Buyer Agency Agreement or otherwise the homeowner should know exactly what services will be provided. When choosing a realtor look for the familiar Block R logo or that the Realtor is part of the Canadian Real Estate Association.
Pre – Listing Activities of a Realtor
Make appointment with Seller for listing presentation
Send seller a written or e-mail confirmation of listing appointment and call to confirm
Review pre-appointment questions and research all comparable currently listed properties
Research sales activity in the area for the past 18 months from MLS database
Research days on the market for similar properties, location and price
Review property tax roll information
Prepare a Comparable Market Analysis to establish fair market value
Obtain plan of subdivision, research properties ownership and how it is held(deed)
Check municipal tax records for lot size and verify from public records the legal description
Check planning department of Municipal Offices for current zoning, check for land restrictions or special zoning
Verify legal names in the Registry Office
Prepare listing presentation with researched materials
Drive by the property to assess the Curb Appeal, compare with neighbourhood
Start formal office file on the property and confirm school district and effect of schools on the property value