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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.

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