What is a “Full-Service” Realtor? What to Know When Hiring a Real Estate Broker (when buying or selling in Portland OR)!

September13


“Full Service” with New Kids on the Block (okay, I’m reaching)

What exactly is a full-service Realtor?  When buyers or sellers start the process of choosing a Real Estate Broker in Portland Oregon or elsewhere, what are the steps?  What are the expectations?  What does “Full-Service” mean to you? 

FULL SERVICE REALTOR

As a “Full Service Realtor” (FSR) I have invested years of experience managing & closing real estate contracts. I am an advocate protecting your interests in the wording of the contract which will dictate the terms of the agreement. I am knowledgeable about the abundance of required paperwork involved in any real estate contract deal and understand the terms as well as the timelines.

Timelines. A FSR understands how to accomplish YOUR goals by vigilantly adhering to established timelines within the real estate contract. We must work together with the cooperating Broker and other team professionals to meet contract obligations and move to a successful closing. A FSR assures that these important timelines do not expire!

Escrow. A FSR understands the process and fees associated with escrow and title insurance. A title and escrow company will handle the title search, the pay-offs to existing lien holders, disbursements of funds and recording of the deed. (I can arrange, at no cost to you, a courtesy closing at your office or an office closer to your work or home). A FSR can help you read and interpret the preliminary title report. This title and escrow company is in charge of handling all the documents for this sale, a FSR will help facilitate these documents being timely and will assist the escrow officer in guiding you through the paperwork.

Other Agents. A FSR cooperates with the other agent for the mutual goal of closing the transaction. Remember the other agent is representing another party to your purchase or sale. A FSR is fully invested in assuring your escrow move smoothly and protecting your interest in the transaction. We don’t get paid until we succeed in procuring your new home or achieving the sale of your present residence or investment property! We handle paperwork, escrow, lenders, appraisers, property inspectors, the negotiation process, details of the earnest money agreement, home inspection repairs, closing and possession dates, lockboxes, signs and keys. A FSR will be there to answer your questions about details of the transaction and assure timelines are met. A FSR will assist you in making realistic decisions about your timelines and the moving process; plus will provide excellent resources to make your move less stressful.

Home Inspections:  A FSR understands how to assist you in hiring a reliable home inspector, reading the report, getting bids from reputable repair sources and negotiating the problem repairs. In a Sellers market, the Seller often does not want or think they need to make repairs.  A FSR can make all the difference for the Buyer in being a fair negotiator, and in knowing how to approach the seller and the seller’s agent to keep the sale moving forward instead of failing at this point. A FSR can assist the Seller through this process by understanding the bottom line, the impact of putting the property back on the market, and cost effective repairs so that the Seller also gets a fair, fast close on the sale of their property. The FSR is the professional intermediary between buyer and seller!

 Qualifying the Buyer:  A FSR understands and has the contacts to facilitate a buyer’s pre-approval. This positions that buyer more competitively in the marketplace or reassures the seller. The FSR will speak with the lender to request information in writing that determines qualification of the buyer to close the sale. The FSR also keeps track of the Buyer’s progress through the lender, the other agent and/or the escrow officer.

Professional Courtesy:  A FSR is in possession of this valuable tool for both Buyers and Sellers. Professional courtesy is a key component for successful transactions. It assures buyers and sellers their concerns in the transaction will be addressed legally, ethically and with integrity. Professional courtesy is practiced between agents, escrow companies, lenders and service professionals. It allows agents to show homes, attain property information and help investigate potential obstacles.  This professional courtesy can help manage the obvious stress of moving. This professional courtesy can also get Buyers into homes not currently listed in RMLS; it can sometimes get Sellers a Buyer w/o the nuisance of showing their home. In multiple offer situations, it can bring the highest price to the Seller, and it can get a Buyer into a competitive first position or solid back up position. This is because the FSR has a reputation in the market based on her ability to work easily with other agents and close those transactions.

Market Knowledge: As a FSR, I am in tune, in touch and actively touring, investigating online and exploring various areas of the city and surrounding areas daily. A FSR is keenly aware of market appreciation, neighborhood trends and property values.  I can assist in determining “transitioning” sections of our tri-county area for buyers or verify market conditions in established neighborhoods. I can help determine appropriate pricing and positioning in the marketplace for sellers.

After the Close of Escrow:  A true FSR will be there after the close of escrow if there are any unresolved issues. You can rely on that professional experience to counsel you through any delayed concerns.

Market Changes:  A FSR is a member of your financial team, respects your time and your money and is ready to counsel and brainstorm to meet your housing and real estate investment needs. Whether the market is vibrant or reluctant, a true Full Service Realtor is there for you!

About the Author | Janeese Jackson

My job is service...service to you and your real estate transactions! How can you benefit from my 25+ years of experience and expertise? What can I offer to make the process more productive? * Current information on available housing...comparative and competitive market pricing and analysis * Daily involvement in the local real estate marketplace * Thorough, comprehensive knowledge reflecting years of helping others complete their real estate business * Extensive network of professional resources to make the process as smooth as possible My commitment is to you! Being available to you...returning your calls...answering your questions...addressing your concerns...respecting your money...matching your timeline...meeting your expectations...helping accomplish your real estate goals!!

One Response to “What is a “Full-Service” Realtor? What to Know When Hiring a Real Estate Broker (when buying or selling in Portland OR)!”

  1. [...] Originally posted here: What is a “Full-Service” Realtor? What to Know When Hiring a Real … [...]

    #80

Leave a Reply

*

Live Comment Preview