According to a May 2007 report from the National Association of Realtors®, 91% of homes were sold by Realtors® in 2006. Of the 9% sold by owners, it is estimated that as many as half were sold to friends and family members rather than through ads in newspapers or calls on lawn signs.
As the market tightens, it’s no wonder that most sellers will hire a Realtor® to market their home. The listing is immediately promoted on many networked web sites, the listing agency pays for all advertising, the seller has no out of pocket expense to employ top professionals and Realtors have a pool of buyers.
In NJ, Realtor® buyer services are FREE. This includes saving the buyer gas by driving them to previews, negotiating the contract, providing the name of reliable inspectors, attorneys and home warranty and information on new listings as they become available.
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