Buying and selling a home requires some help — and that starts with getting the right professionals on board.
So, who should you hire? Real estate professionals go by various names, including real estate agent, real estate broker, or Realtor®. However, there are some key differences between the three.
It’s true that in real estate, these titles are sometimes used interchangeably, but rest assured, there are some important differences, as well as varying requirements for using particular titles.
A Real Estate Agent is a licensed professional who helps clients buy, sell, or rent properties. In most states, agents must complete a certain amount of pre-licensing coursework, pass a licensing exam, and work under the supervision of a licensed broker. Agents earn a commission on each transaction they facilitate, which is typically split with the broker.
A Real Estate Broker is a higher-level licensed professional who, in addition to facilitating real estate transactions, can also oversee and manage other agents. In most states, brokers are required to complete additional education and experience requirements beyond those for agents and are required to pass a separate broker licensing exam. Brokers are also required to maintain certain records and documentation.
A Realtor® is a real estate agent or broker who is a member of the National Association of Realtors (NAR), a professional organization that sets ethical and professional standards for its members. While not all real estate professionals are a Realtor®, those who are must adhere to a strict code of ethics and have access to additional training and resources.
While there are similarities between these titles, there are also important differences in terms of licensing and professional requirements, as well as the scope of responsibilities.
When it comes to buying or selling a property, especially if you're a first-time homebuyer or seller, a good realtor can be your ally and guide through the complex process and make a huge difference in its outcome. A reliable and experienced real estate agent can help you find the right property, negotiate the best deal, and guide you through the entire process. However, with so many out there, how do you find a good realtor? Here are some things to help you make an informed decision.
Always make sure your realtor is licensed. If they don't have a license, this person should be reported to the proper authorities.
If your real estate agent is not forthcoming about their fees, commissions, or other important details, it may be a sign that they're not trustworthy and you should find another real estate professional.
If your realtor doesn't respond to your emails, calls, or texts in a timely manner, it can be a sign that they're not taking your needs seriously.
If they don't seem familiar with the local market, schools, or neighborhoods, it could be a sign that they're not the right fit.
If your real estate agent appears too preoccupied to provide you with the necessary attention, it could indicate that they're not suitable for your needs.
If your realtor seems to be pressuring you to make an offer or to accept a certain price, it may be a sign that they're more interested in closing a deal than in helping you find the right property.
If your realtor behaves unprofessionally or doesn't seem to take their job seriously, it's a sign they may not take you seriously. If this happens, you want to look elsewhere for representation.
By looking for these qualities in a realtor, you can ensure that you find someone who is qualified, trustworthy, committed, and easy to work with while achieving your real estate goals. Finding the right realtor is quite essential and can make all the difference in your real estate transaction.
With Clearview Realty's award-winning agents by your side, achieving your real estate goals has never been more seamless or stress-free. Their local and qualified team of professionals is known for their unwavering commitment to excellence and their unwavering trustworthiness, making them the perfect partners for your next real estate endeavor. Plus, with their friendly and easy-to-work-with demeanor, you can be sure that your experience with Clearview Realty will be nothing short of exceptional.
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