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In October 2017.
The Gandolfo Team LOVE our community and every month we are going to give back more and more and bring joy because we think its important to spread love. This month we are also trying to fill at least two large barrels for the NV food bank. When buying or selling a house in Reno or Sparks, some people don’t think a realtor is necessary. Online resources are indeed very helpful to the potential buyer or seller, but there are some major advantages to having an excellent realtor in your corner.
First of all, we constantly have our fingers on the pulse of the real estate market, locally and nationally. We know when to sell and when to buy, and when to hold off for a few months. Years of experience mean that we can recognize trends and predict market swings. In a market as volatile as Reno, that expertise is invaluable. When you’re buying, this also means that we can help you find a house that’s to your exact taste, as we know what’s available all over the area. Let us know what you’re looking for and we can give you a plethora of great options, without you having to wade through endless postings on multiple different websites. Secondly, we fully understand the financial and legal complexities of buying or selling a home. Though you can navigate the murky waters of escrow and financing alone, it’s very difficult to do so and come out with the optimal result. We’ll sit down with you and discuss your personal financial situation, and then help you achieve your goals in the best way possible. This is obviously very important when buying a house; you’ll want great financing options and a down payment that’s right for you. But it’s also critical when selling, as we can ensure you get the most possible money in your pocket. That’s also because of the third point: we’ll be a strong negotiator for your interest. Whether buying or selling, our expertise and experience means we’ll get you the best price, every time. Having someone who knows when to push for more and where to compromise is invaluable, especially since the other side is very likely to have their own strong negotiator. If you’re not prepared, you could be taken advantage of. Finally, if you hire a licensed real estate agent, we are legally obligated to you in a number of ways. If you hire a licensed realtor, they must put your interests first, obey your instructions, and generally behave professionally. For more information on these “fiduciary duties”, check out our guide! [LINK TO OLDCAR ARTICLE HERE] If you’re looking to buy or sell a house in the Reno/Sparks area, click on the relevant buttons above and get connected with one of our fantastic realtors here on The Gandolfo Team! Entering the real estate market can be an intimidating process. One of the greatest assets you can have is a great realtor like one of us here at The Gandolfo Team on your side -- see [ARTICLE LINK] for some reasons why! Even if you understand that, you might still be wary of hiring someone else to represent you. Luckily, if you hire a certified real estate agent, we are legally obligated to you in several important ways.
These are called “fiduciary duties”, and are commonly remembered with the acronym OLD CAR. Let’s run through that and explore the meanings and ramifications of the duties. O - Obedience Your realtor must follow any direct instructions you give her relating to the house or your finances, provided it’s legal. We might disagree and try to convince you it’s a bad idea, but if you give us explicit orders we have to comply. You’re the one in control. L - Loyalty A great realtor always has your best interest in mind. This point gives you a legal guarantee that we’ll never put anyone above you in our dealings, including ourselves. This is invaluable protection from dishonest realtors who might try to increase their own commission at cost to you. D - Disclosure Anything we know or come to know regarding the sale is your right to know, and we’re legally obligated to tell you. No information can be kept from you, which keeps the power in your hands. C - Confidentiality Your privacy is one of our utmost concerns. You’re also legally protected here -- we can’t share any information about you, the house, or the sale with anyone else, unless you give us permission. A - Accounting The movement of money during the sale and financing of a house can be confusing. Luckily, not only are we happy to keep track of everything for you, we’re legally obligated to. R - Reasonable Care Though open to legal interpretation, this requirement basically calls for professionalism in the handling of your affairs. A great realtor will always go above and beyond this standard, but you’re legally protected from negligence on the part of your agent. As you can see, there are some serious legal advantages to hiring a licensed real estate agent. It’s important to note that these protections only apply to agents working for you. This is why it’s critical to hire your own trusted realtor and not rely on the other party’s agent. |
Connect with our TeamThe Gandolfo Team at Clark Real Estate
305 W Moana Ln Suite D Reno, NV 89509 775-828-3355 Fax 775-828-3358 Cell 775-225-4727 |
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