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As spring approaches, home buyers' and sellers' thoughts
turn to the real estate market. Today, with the premiere of
television advertising spots titled, "Don't Try This at
Home," the National Association of RealtorsŪ encourages home
sellers to protect what could be their largest investment by
enlisting the help of a professional.
"Selling a home is like climbing Mount Everest," said
Thomas M. Stevens, NAR president and senior vice president
of NRT Inc., from Vienna, Va. "If you don't prepare
correctly, you'll never achieve your goal. Getting a signed
contract is like reaching the peak, but that's only half the
journey. Many things can happen on the way back down the
mountain. Savvy sellers know to hire a RealtorŪ to protect
their interests and guide them through."
Home owners who try to sell their home without
professional help must overcome a number of hurdles. As
mentioned in the TV spots, the obstacles include making the
appropriate disclosures, preparing the home for sale,
pricing the home appropriately for a dynamic market and,
most importantly, attracting qualified, motivated buyers.
According to the 2005 NAR Profile of Home Buyers and
Sellers, only 17 percent of do-it-yourself home sellers used
the Internet to market their home; that's at a time when
Internet use in home searches has risen dramatically - in
2005, 77 percent of all home buyers used the Internet to
look for a home.
Finding an interested buyer is only the first step toward
a successful sale. The typical home sale today involves more
than 20 steps after the initial contract is accepted to
complete the transaction.
Most home sellers in today's market recognize the hazards
inherent in do-it-yourself home selling, and rely on the
expertise of a real estate professional to assist them when
they sell their home. The percentage of owners who sell
without representation has been trending down and is now at
a record low - according to the 2005 profile, only 13
percent of recent home sellers sold their home without
professional help, and only half of those would do it again.
"Selling a home is a full-time job," said Stevens. "The
average homeowner may sell three or four homes in his or her
lifetime; RealtorsŪ can sell hundreds over the course of a
career. This experience is invaluable, and it's part of the
reason why home sellers who use a real estate professional
can expect to sell their homes for 16 percent more, on
average, than sellers who try to do it themselves."
Radio versions of the "Don't Try This at Home" TV spots
began airing on February 6. Those advertisements will run in
tandem on radio and television with another NAR spot that
premiered on television March 6 titled, "Someone You Can
Trust." That spot highlights the RealtorŪ Code of Ethics and
underscores the honesty and integrity that RealtorsŪ bring
to each and every transaction.
Now in its ninth year, the National Association of
RealtorsŪ Public Awareness Campaign has helped millions of
consumers realize the value of using a RealtorŪ to help them
buy or sell real estate. In 2006, the Public Awareness
Campaign will run more than 4,000 spots in national TV and
radio, 18,000 spots in local radio and 12,000 spots on XM
satellite radio. Ads are airing on network television
stations from March through September, and on radio stations
from February through November.
The National Association of RealtorsŪ, "The Voice for
Real Estate," is America's largest trade association,
representing more than 1.2 million members involved in all
aspects of the residential and commercial real estate
industries.