When buying or selling real estate, it is important to use local professionals who are familiar with the local market. There are several reasons why this is important:

1. First and foremost, your dollars stay in your community, supporting essential services but also supporting small businesses, local youth sports and activities.
2. Local market knowledge: Realtors, appraisers, lenders and home inspectors who are familiar with the local market have a deep understanding of the local real estate market trends, property values, and neighborhood characteristics. They can provide valuable insights into the local market conditions and help buyers and sellers make informed decisions. For example, a local appraiser can give you an idea of what similar properties in the area have sold for, and what the current demand for properties is like. This information can be crucial when determining a listing price for sellers, or making an offer for buyers.
3. Network of contacts: Realtors, appraisers, lenders and home inspectors who are active in the local market have a wide network of contacts, including other realtors, mortgage lenders, and home inspectors. This can be beneficial for buyers and sellers, as it can help them find the right professionals to work with. For example, a local realtor may have a good relationship with a bank or mortgage broker who can help buyers get pre-approved for a loan.
4. Understanding of local zoning laws and regulations: Local realtors, appraisers, and home inspectors are familiar with the zoning laws and regulations that apply in your area. They can help buyers and sellers navigate these regulations and ensure that the property they are buying or selling complies with local laws and regulations. This can be especially important for buyers who are planning on making changes to a property or building an addition, as they will need to make sure that their plans comply with local zoning laws.
5. Pricing and negotiation skills: Realtors and appraisers who are active in the local market have a good understanding of the local property values and market trends, which allows them to price and negotiate effectively. They can help buyers and sellers get the best price for their property. For example, a local realtor may be able to negotiate a better price for a buyer because they have a good understanding of the local market conditions and know what other similar properties are selling for.
6. Access to local resources: Local realtors and appraisers have access to local resources that can be beneficial for buyers and sellers. These resources may include local schools, community centers, and other amenities that are important to buyers and sellers. For example, a local realtor may know of an upcoming development that is planned for the area, which could be important for buyers who are looking for a property in a specific area.
7. Continuity: Using local professionals allows for continuity in the process of buying and selling. They are familiar with the parties involved, have a long-term relationship with them, this can make the process of buying and selling smoother and more efficient. Furthermore, they are more likely to stay in the area and be available for consultation and follow-up.
8. Trust and reputation: Using local professionals allows for a better evaluation of their reputation and trustworthiness. It’s easier to check their references and testimonials from previous clients.
9. Personalized service: Local professionals can offer a more personalized service, as they are aware of your specific needs and preferences and can provide tailored recommendations and solutions.

In conclusion, local professionals possess local market knowledge, a network of contacts, understanding of local zoning laws and regulations, pricing and negotiation skills, access to local resources, continuity, trust and reputation, and personalized service that can be beneficial for buyers and sellers. Contact Joseph Mier & Associates today for appraisal assistance in buying or selling your real estate.