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What services are included in the real estate commission?

Typical services include the following...

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For Buyers:

1. Property Search: Realtors assist buyers in identifying suitable properties based on their preferences, needs, and budget.

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2. Market Analysis: They provide market analysis reports to help buyers understand current market conditions and make informed decisions.

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3. Property Showings: Realtors schedule property viewings, accompany buyers during showings, and provide insights into each property's pros and cons.

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4. Negotiation: Realtors negotiate on behalf of buyers to secure the best possible purchase price and terms for the property.

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5. Contract Preparation: They prepare and review purchase agreements and other necessary contracts, ensuring legal compliance and buyer protection.

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6. Recommendations: Realtors may recommend reputable mortgage brokers, home inspectors, and other professionals involved in the buying process.

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7. Due Diligence: They guide buyers through the due diligence process, including home inspections, title searches, and financing approvals.

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8. Closing Coordination: Realtors help coordinate the closing process, ensuring that all necessary documentation and funds are in place for a smooth transaction.

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9. Post-Purchase Support: Some realtors offer post-purchase support, helping buyers with tasks like setting up utilities and recommending local services.

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For Sellers:

1. Property Valuation: Realtors assess the property's market value through a comparative market analysis (CMA) to determine an appropriate listing price.

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2. Listing Services: They create compelling property listings, including professional photography and marketing materials, to attract potential buyers.

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3. Market Exposure: Realtors use multiple listing services (MLS) and various marketing channels to maximize the property's exposure to potential buyers.

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4. Staging Advice: Realtors provide staging advice to help sellers showcase their property's best features and make it more appealing to buyers.

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5. Negotiation: They negotiate offers and counteroffers on behalf of sellers to secure the best possible sale price and terms.

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6. Contract Management: Realtors manage the sales contract, ensuring that all terms and conditions are met and the transaction progresses smoothly.

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7. Open Houses: They organize and host open houses to attract potential buyers and provide them with information about the property.

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8. Market Updates: Realtors keep sellers informed about market trends, feedback from showings, and any necessary adjustments to the listing.

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9. Closing Assistance: They assist sellers throughout the closing process, coordinating with attorneys, lenders, and other parties involved.

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10. Post-Sale Support: Some realtors continue to provide support after the sale, helping sellers with tasks such as transferring utilities and forwarding mail.

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Realtors offer a range of services tailored to the specific needs of buyers and sellers, making the real estate transaction process smoother and more efficient.

Royal Lepage Terrequity Realty, Brokerage. Each office independently owned and operated.

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