Whether you’re buying or selling a home – or you’re interested in joining the real estate industry – it’s important to understand the differences between common real estate professionals, including a real estate agent and a real estate broker. While both terms refer to licensed real estate professionals who are able to assist both sellers […]
The real estate industry is rife with obscure terminology and tricky lingo. For example, you’ve likely heard the word REALTOR used interchangeably with the term “real estate agent” or “real estate broker.” In fact, some dictionaries even conflate the terms. While they’re all real estate professionals, they absolutely have some key distinctions. Confusing, right? So, […]
What Is A Real Estate Broker? Real estate brokers begin their careers as licensed real estate agents. That means that if you’re getting ready to sell or buy a house, either a broker or an agent will be legally qualified to assist you in the process. A real estate broker has expertise that can help […]
What Are REALTOR Fees? REALTOR and real estate agents are professionals who work hard to help sellers and buyers through the selling and home buying process. However, REALTORS are agents who have earned an advanced designation from the National Association of REALTORS (NAR) through study, experience and a demonstrated record of character and integrity. Real […]
What Should You Do Before Negotiating a House Price? Negotiating a home price requires a lot of patience, organization and sometimes compromise. Consider getting the following things in order before sitting down to negotiate. Work With An Agent or REALTOR Many home buyers believe that they no longer need an agent because real estate listing […]
What Is A Buyer’s Agent? A buyer’s agent is a licensed real estate professional who represents the buyer during the home buying process. Buyer’s agents are legally obligated to protect the best interests of their client, so they should exhaust every effort to find homes for you to view, submit offers to listing agents and […]
What Is A Real Estate Broker? Real estate brokers begin their careers as licensed real estate agents. That means that if you’re getting ready to sell or buy a house, either a broker or an agent will be legally qualified to assist you in the process. A real estate broker has expertise that can help […]
What Is A Real Estate Agent? Real estate agents are professionals licensed to organize and assist in real estate transactions, and are most often paid on commission. They may work independently or on behalf of a brokerage or another agent. There are three types of real estate agents involved in the sale of property: Listing […]
You’ve found your dream home, made an offer and had it accepted by the seller. You’ve ordered a home inspection and resolved any issues the inspector found. Now, you’re ready to close on the mortgage loan that finances your home purchase. It’s normal to feel nervous during the closing process– especially as your closing day […]