Question 1

Why should I hire a Realtor?

Accepted Answer

The National Association of Realtors recently released a detailed list of 179 reasons why hiring a Realtor is worth every penny to a Seller.  You can go over all 179 reasons by clicking HERE. (https://www.nar.realtor/sites/default/files/documents/2023_179_ways_real_estate_pros_8.5x11_pages_final.pdf)
For specific reasons why hiring Designated Pro Realty is the smart choice, please allow us to communicate our value based on your specific needs by meeting with a Designated Pro. You can request more info on our Contact Us page, or the Home page of this website.

Question 2

FSBO - Can I pay to just have you write the contract for me?

Accepted Answer

No. Under Article 26 (https://www.azleg.gov/viewDocument/?docName=https://www.azleg.gov/const/26/1.htm)of the Arizona Constitution, a real estate licensee acting as a broker or agent in the transaction can draft documents relating to the sale or leasing of real property. However, the real estate licensee cannot charge specifically for the drafting of these documents.

Question 3

What can I expect to pay in commission?

Accepted Answer

Commission is always negotiable.  Sellers negotiate what they will pay to their agent, if applicable.  Buyers negotiate what they will pay to their agent, if applicable.
There may be situations where a Buyer will ask a Seller to pay the Buyer Broker's commission.  This is called a concession.  It is also negotiated, typically on, or before the time of offer submission.  A Seller can choose to accept the requested concession, reject the concession request altogether, or negotiate a middle ground.  However, it is ALL negotiable.  This is why it is so crucial to have a negotiation expert in your corner.

Something to think about when considering commission concession requests is that it may be requested as part of a Buyer strategy to cut down on the required cash to close.  It is entirely possible that a Buyer values your property at a lower amount, but increased the offer price in order to account for the requested concession.  So, rather than taking an upfront stance on whether you are willing to pay concessions, or not, perhaps a better mindset would be to focus on the NET to you after all is said and done.  If the net being presented is acceptable to you, then what difference is it to you whether it came as a lower offer price, or a higher offer price with concession requests?  A Designated Pro will be an asset in helping you calculate your estimated net for each offer you are presented, and can develop a counter offer strategy for minimizing the effects of concession requests on your net.

Question 4

What is the difference between a Real Estate agent and an attorney when it comes to writing contracts?

Accepted Answer

In many states, attorneys are used and/or required to draft, and negotiate legal Real Estate contracts.  However, in Arizona, Real Estate agents are given the right to draft and negotiate legal contracts related to a transaction where the agent represents either party in the transaction.  This right is in the Arizona Constitution under Article 26.(https://www.azleg.gov/viewDocument/?docName=https://www.azleg.gov/const/26/1.htm)

Question 5

How much is my home worth?

Accepted Answer

Determining the value of your home is crucial for a successful sale, and Designated PRO Realty is here to help you every step of the way. We use a combination of cutting-edge technology, detailed market analysis, and our extensive industry experience to give you the most accurate home valuation possible. Our seasoned Designated Pros consider factors such as location, market trends, comparable property sales, and unique features of your home to provide a precise estimate. By choosing Designated PRO Realty, you can sell smarter, faster, and for more. Contact us today to get a comprehensive free home valuation and unlock your property's full potential.

There are NO stupid questions, just frequently asked questions. Below are some of the more common questions we get. Don't see yours? Send us your specific question below and we will get back to you with some answers.

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