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| The Real Estate Encyclopedia |
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| If I have an attorney why do I need a Realtor? |
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| Category - Home Buying FAQ's - General Home Buying
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| Realtors and attorneys perform two separate and distinct functions. Realtors are hired to market your home by letting the entire world know that your home is for sale. They will come up with the price of your home and help you negotiate your contract. Once there is a fully signed contract the Realtor's job is basically done with the exception of scheduling inspections and final walkthroughs. After an agreed upon contract the attorney takes over and makes sure all the details of the contract are taken care of. If you are selling by owner, the attorney will negotiate a contract for you once you have procured a qualified buyer. In simple terms, a realtor is used up until a contract is signed and an attorney is used after a contract has been signed. |
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Courtesy of HomeOwners Advantage and link that to their entry in the wiki which is at HomeOwners Advantage |
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