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Asheville Real Estate:  Why You Need A Professional Broker-Realtor....

In today's world of mounting complexities and confusing legalities, there are many reasons why a competent professional Asheville Real Estate Broker-Realtor is a very good and wise thing to have on your side! 

 

For most of us, buying or selling a piece of Asheville Real Estate such a luxury home, Condo, Townhome or Loft is likely the largest single financial transaction we will ever have to entertain.  None of us should want to enter into a financial transaction of this size without knowing the path we have to walk..., and it's always best to get it right the first time without the added expenses of legal corrections, law suits, and all the emotional hassles they bring with them later down the road.... 

  

Get it right the first time:

Having the right real estate professional by your side can greatly improve your home-buying experience. A good rule of thumb is to interview a minimum of three candidates. Here are 10 questions to ask during an interview:

  1. Are you a full-time professional REALTOR®? How long have you worked full time in real estate?

  2. What geographic areas do you specialize in?

  3. Do you have a Website? What information can I find there?

  4. How will you keep me informed during my home search and throughout the transaction?

  5. Do you have a staff or a team? If so, what roles will they play in my transaction?

  6. Will you show me properties from other companies’ listings? (Some real estate companies do offer their buyers’ agents a higher commission if they are able to sell “in-house” listings. In those instances, there can be added incentive to limit the range of homes you are shown. This may affect your home search and how much your agent’s fee will be.)

  7. Will you represent me exclusively, or will you also represent the seller? May I have that in writing?

  8. How will you get paid? How are your fees structured? May I have that in writing?

  9. What distinguishes you from other real estate agents? What is your negotiating style?

  10. May I contact some of your recent clients as references?

And finally, "Do you have a performance guarantee? If I am not satisfied with your performance, can I terminate our buyer agency agreement?"   (In the heavily regulated world of real estate, it can be difficult to offer a performance guarantee. Typically, agents will outline verbally what you can expect from their performance. My organization understands and practices the importance of win-win business relationships: Put simply, the agent does not benefit if the client does not benefit.

Most agents concentrate primarily on one side or the other.  This is not a "hard and fast" rule.  There are also agents who split their time equally between buyers and sellers.  Often, these are the very best Realtors.  The fact of the matter is, if you are buying a home who do you want on your side?  A Realtor who deals primarily with sellers?  Or one who deals regularly on both sides of the table, such as myself and my organization?

 

IMPORTANT TO NOTE: North Carolina Licensed Broker Real estate professionals can represent the Seller, the Buyer or both. When agents represent both parties, it is called dual agency. In some states, dual agency affects the real estate professional’s fiduciary responsibilities to the seller. Keep in mind that real estate laws differ from state to state and even from locale to locale.  For more in-depth answers, please feel free to me ask about local practices. 

 

I am experienced as both a Buyer's Agent and a Listing Agent, so I am well versed with

all practices and expectations from both sides of the table.  

 

 

Buyer's Real Estate Agent, or Buyer's Agent:

A real estate buyer's representative represents the buyer who is purchasing property in a real estate transaction.  Research by the National Association of REALTORS has shown that when a buyer's representative is used, the prospective buyer found a home one week faster and examined three more properties than consumers who did not use a buyer's representative. The buyer's representative works for, and owes fiduciary responsibilities to, the real estate buyer and has buyer's best interests in mind throughout the entire real estate process.

 

A "Buyer's" Representative will: 

  • Evaluate the specific needs and wants of the buyer and locate properties that fit those specifications.

  • Assist the buyer in determining the amount that they can afford (pre-qualify), and show properties in that price range and locale. 

  • Assist in viewing properties -- accompany the buyer on the showings, or preview the properties on behalf of the buyer to insure that the identified specifications are met. 

  • Research the selected properties to identify any problems or issues to help the buyer make an informed decision prior to making an offer to purchase the property. 

  • Advise the buyer on structuring an appropriate offer to purchase the selected property. 

  • Present the offer to the seller's agent and the seller on the buyer's behalf. 

  • Negotiate on behalf of the buyer to help obtain the identified property -- keeping the buyer's best interests in mind. 

  • Assist in securing appropriate financing for the selected property. 

  • Provide a list of potential qualified vendors (e.g. movers, attorneys, carpenters, etc.) if these services are needed. 

  • Most importantly, fully-represent the buyer throughout the real estate transaction. 

 

Seller's Real Estate Agent, or Seller's Listing Agent:

A Real Estate Agent representing the Seller is known as a Seller's Agent.  There are countless decisions to be made when selling a home, and many of them will significantly affect whether or not you make a profit and how much time it takes to sell your home. A real estate agent can offer specialized knowledge in research, marketing and negotiations to help you meet or exceed your goals. According to the National Association of REALTORS®, 82 percent of home sales are the result of agent connections.

 

A "Sellers" Representative will:

  • Serve as your advocate and representative when dealing with buyers, buyers’ agents and service providers.

  • Help you establish a fair asking price that also meets your goals.

  • Advise you on how to present your home aesthetically to maximize its appeal to buyers.

  • Design a customized marketing plan that will promote your home 24 hours a day, seven days a week. Tactics can include the MLS, direct mail campaigns, fliers, yard signs, advertising, Internet listings and open houses. 

  • Schedule and host open houses and home tours.

  • Screen all written offers and discuss their advantages and disadvantages.

  • Assist you in making counteroffers.

  • Prepare your closing documents.

  • Represent you at closing and mediate any last-minute obstacles to ensure a smooth, successful transaction.

  • Provide referrals to proven service providers, including title companies, inspectors, appraisers, pest control, moving companies and more.

The Real Role of A Listing Agent:
What sellers don’t realize is that a listing agent’s main marketing emphasis is directed toward other Realtors, not the general public. Their main goal is to convince the selling agents (buyer's agents) to find buyers and make offers.  This is a good thing because if you are selling a home, you want as many Realtors as possible bringing buyers around to take a look.  Most of a listing agent's marketing efforts toward other Realtors are invisible to the general public.

Therefore, a listing agent's primary job has absolutely nothing to do with finding buyers -- it is to convince all of those selling agents to show your home to their buyers. That is why there is a "broker preview" or an "office preview" of your home -- including food or other "enticements" that appeal to selling agents. They want the selling agents to "preview" your home so it will be "fresh" in their mind to show potential buyers.

Your listing agent also puts your house in the local Multiple Listing Service (MLS) and sends flyers to all of the other local office (and their agents) -- telling them about your property. They talk to as many agents as they can about your house. This is also why you want to price your home properly during that preview period. If you price it too high, the selling agents just laugh and say they'll wait till the price comes down. Of course, by then your house is "old news" and no longer fresh in their mind.

As for all those "open houses" and "ads" you want your agent to run - or else you feel like they aren't doing anything? Those rarely sell your house.  Sellers just "think" they do. That is part of why most FSBO's do not successfully sell their homes on their own. They begin with a false impression of what makes a good listing agent effective.  The real value of a listing agent is proper pricing, providing instruction at what you need to do to properly "present" your house, and in marketing -- but not marketing to buyers -- marketing your home to other agents.

So take a breath, relax, and quickly learn how I can make this process a better one for you.  Specifically...,

 

Asheville Real Estate-Realtor Button As your Realtor, I bring to the table the assurances that your best interests will be safely and thoroughly represented throughout all the myriad of responsibilities that goes with any real estate transaction. 

Asheville Real Estate-Realtor Button I can help simplify the complexities, leading you through the process with minimum delay, taking care of the sometimes daunting task of coordinating over 60 different parties, interdependent concerns, and specific needs in a time line which is efficient, planned, and fully monitored.  I'm here to make sure all the "i"'s are appropriately dotted and the "t"'s crossed, so that you don't have to!

 

Asheville Real Estate-Realtor Button It's often better to have a knowledgeable third party advise you of any and all financial offers, how fair they are in their representations, how an offer relates to the rest of the neighborhood, including the present market, market values and trends, etc., as wall as ferreting out any hidden caveats that need exposure and resolution before any deal should be closed.  Don't be the weak link in these chain of events...

 

Asheville Real Estate-Realtor Button With my expertise, I can save you time and money by fielding offers, making sure they're legitimate and fair, constructively advising you of the "pros" and "cons," as well as ensuring you that you won't have to become involved with parties that are just "shopping" or are not truly interested.

 

Asheville Real Estate-Realtor Button I provide you with a needed "safety net," making sure what you are offering to others is appropriate and is fairly represented, steering you to make the right decisions up front in order to avoid any legal discrepancies down the road.  In real estate, passive ignorance of the law is generally what causes most people needless suffering.  Avoiding the future painful self-recriminations of "If only I knew!" is what I'm here to protect you against!

 

Asheville Real Estate-Realtor Button With my real estate connections, advertising strategies, and marketing experiences, I can generally offer you a greater population and larger pool of homebuyers and diverse investors to see your home, creating an interest in why your home is so very special and communicating that to those most likely to buy.  Allowing your home to be seen by more qualified buyers causes it to sell more quickly and usually for a better price.

 

Asheville Real Estate-Realtor Button In general, I can make sure that you can sell your home with the minimum frustration in the least amount of time.  I'm here to handle all the nuisances and frustrations that will inevitably arise, helping you navigate through all the possible storms and inclemency's that could possibly occur so you don't have to. 

 

Asheville Real Estate-Realtor Button After all is said and done, don't you really want a relatively hassle free, smooth sailing experience?  Sure you do!  And as your Realtor, I can make that happen when you list with me! 

 

Asheville Real Estate-Realtor Button For more details on all my concierge services, click here.

Remember: Buying and selling a luxury home or finding that special piece of Asheville Real Estate with Kathleen Blanchette, a fully licensed Keller-Williams Asheville Real Estate Broker-Realtor, is a comprehensive and thoroughly professional experience in buying and selling Asheville Real Estate throughout the Blueridge and Smokey Mountains, where efficiency, personal regard and concierge services are guaranteed every step of the way.  Keeping the Tradition of Integrity..., and a Reputation for Results! 

Whether its a North Carolina luxury homes on your own Private Mountain Estate in one of our uniquely designed plush Golfing Communities, Exclusive Gated Communities, Active Adult Communities, surrounding Lake Communities, or a great Condominium, Loft or Townhome, all of Greater Asheville and Hendersonville Luxury Homes are within reach with Kathleen Blanchette.  Feel Free to browse the entire website of all available Greater Asheville Real Estate MLS and Western North Carolina MLS, for all Asheville Real Estate Properties, Land Acreage, Horse farms, Investment Properties, Commercial Real Estate, New Home Plans, as well as handy relocation and moving calculators, tips for buying and selling a house, city and school reports, and more.  Just call us when you're ready to move ahead! 

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Disclaimer: All Multiple Listing Service (MLS) data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Western North Carolina Regional MLS, and respectfully includes the Asheville Board of Realtors, the Hendersonville Board of Realtors, the Brevard Board of Realtors among other professional boards which together govern, maintain and update all listed Real Estate in Western North Carolina and the surrounding 13 geographical counties. So governed, the accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All information presented on this website may change as data is updated on a 24 hour basis.  Users are directed to refresh pages from their own browser to ensure the most accurate information published is made available to them.  For all your Real Estate needs go to:  Asheville Real Estate  For more information and accuracy, contact Kathleen Blanchette directly.

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