Experience From a Professional
Learning what you need to know about real estate will take you years to accomplish...there is always more to know and trust that you’ll likely forget something in the process. Who has the time to do that? Our agents have been educated extensively on the laws and regulations that influence the market. By law, agents are required to receive continuing education to renew their license ensuring they are up-to-date on the latest real estate trends and laws. It is also very important to hire the right agent that understands YOUR needs. Not every agent will be the right agent for you. Portfolio Realty agents have the skills and experience to educate and assist you in order to ensure your home purchase is a rewarding one.
Your Time is Money
Hiring a real estate agent will save you the trouble in trying to research every problem or issue you may run into during the home buying process. You’ll not only save yourself time researching, but help your family avoid potential risks and lawsuits.
Protect Yourself
By law, there are several disclosures required which differ in each state including: Lead-Based Paint, Mold, General Property Disclosure, Megan's Law, etc. It can be difficult to keep up with the ever growing list of disclosures and deadlines since laws change regularly. If you’re not involved in the local real estate market on a regular basis, you can risk financial suit from other parties involved in the real estate transaction. Our Agents are trained to ensure all necessary disclosures are given completely and in a timely manner.
Neighborhood Knowledge
The Portfolio Realty team specializes in Northern Virginia, Maryland and Washington D.C. real estate markets, and can provide information on any neighborhood. We can show you comparable sales that will give you an overall impression of the market and show you where you can find data on schools, crime, and demographics. We can tell you exactly why that house sold for $30,000 less that it what it was originally listed for or why that home on the corner has been on the market for over a year.
Pricing Guidance
We don't tell our buyers what price to buy a home for. Instead, we educate you on the latest market conditions and empower you with the knowledge to make smart decisions. We provide you with evidence and supply you with market data that will help you come to a final decision. We then will draw up a negotiation strategy that will coincide with the final price you have determined..
Market Conditions Info
This type of information is common knowledge to us Realtors. We can disclose market conditions such as the average price per square foot, median sales prices, the average amount of days on the market, and the ratios for the list to sold prices. These factors will have a huge influence on the decisions you make.
Professional Networking
We have a number of relationships with others in the industry that will be of your assistance throughout the home buying process, and even after as well. Over the years we have compiled a reliable list of professional contacts including lenders, home inspectors, appraisers, settlement attorneys, and contractors that we can recommend to you.
Negotiation Skills & Confidentiality
Our top producing Real Estate Agents are phenomenal negotiators. Unlike most home buyers and sellers, we have the ability to take the emotional facet away from the transaction. We are extensively trained on getting our clients the best price on the best terms. Our past clients will attest to our professionalism and commitment to keep client information confidential from any competing parties.
Handling Volumes of Paperwork
An offer contract or purchase agreement is roughly 20 - 25 pages on average. This doesn’t include other paperwork that comes along with purchasing a home including addendums, amendments, disclosures, inspections, etc. Forgetting any of this paperwork or making the slightest mistake could get an unrepresented buyer in legal trouble costing a great amount of stress, lost time and thousands of dollars. Our Agents are experienced in dealing with the massive amounts paperwork on a daily basis and are also covered with Errors & Omissions insurance is any problems somehow arise. It is good to know you have that extra layer of protection by hiring a Buyer's Agent.