An Explanation of the Process
A REALTOR® will not take it for granted that you know all the ins and outs of the buying or selling process. Instead, he or she will provide you with a full explanation of what to expect. So, you are not faced with any surprises along the way.
An Assessment of Your Needs
One of the first questions, a REALTOR® will ask is, “Why are you moving?” Also, a REALTOR® will explore any time constraints you might have (perhaps imposed by the need to relocate for employment), your financial situation, and any future plans.
A Plan to Find Your Dream Home
A REALTOR® will help you identify what you want in your new residence. A pool? A garage? An extra room? A particular building design? What about the neighborhood? Proximity to school or work? A REALTOR® will compare your needs, wants and budget it with what is available on the market and make recommendations that save you time and effort.
He or she will also accompany you as you view houses and help you assess your suitability and prices. As an expert on a property, a REALTOR® can provide facts on the neighborhoods, the cost of heating, the condition of the furnace, and so on. In other words, he or she will work with you to achieve your dream home.
Access to Properties for Sale
Multiple Listing Service® or MLS® is an exclusive service accessible only through a REALTOR®. It is a valuable tool. Through MLS®, the details of a wide variety of listed properties are made available to the REALTOR® you work with. This can save you a tremendous amount of time and effort in your hunt for the right home.
If you are interested in learning about what is available on the market, please check out our MLS Section which enables you to preview properties for sale.
Knowledge of Financing Options
REALTORS® have extensive knowledge of the financing choices available to home buyers. They can obtain financing at the most attractive prevailing rates and terms.
A Skilled Negotiator
REALTORS® are experienced in arranging fair deals. He or she will assist in negotiating an offer, acting as a mediator to head off potential conflicts between you and the seller, and draw up a legally binding agreement.
Honest and Integrity
Most real estate professionals in our province are members of the Ontario Real Estate Association (OREA) and only members of OREA can call themselves REALTORS®.
When you work with a REALTOR®, you can expect not only strict adherence to provincial laws, but also adherence to a Code of Ethics. This code is very important to you because it assures that you will receive the highest level of service, honesty and integrity.
Highest Professional Standards
Before receiving a real estate license, candidates must successfully complete an extensive course of study developed by OREA on behalf of the Real Estate Council of Ontario. That is only the beginning. In the first two years of practice, licensees are required to successfully complete three additional courses as part of their articling with an experienced broker. In addition, all licensees must continue to attend courses throughout their careers in order to maintain their license.
Bi-weekly and Weekly Payments.
Pay off your mortgage about 4 years sooner.
Simplify your budgeting by making the payment line up with the way you get paid.
Making Extra Payments
An extra $1,000 paid periodically on a mortgage can help you save interest paid, and become mortgage free faster.
Advantages of Bigger Down Payments
Save on interest.
Save on CMHC premiums.