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What is a Realtor?
Buying or selling a home or property is not something to take lightly, if not done properly there can be devastating consequences. There are pros and cons to using a realtor. But, what is a realtor, and what can you expect from your realtor? Keep reading to learn more.
WHAT IS A â€œREALTORâ€
You hear the term "realtor" often when talking about any aspect of real estate.
A REALTOR is a member of the National Association of Realtors which requires the members to adhere to a strict code of ethics.
REALTORS operate with the clients best interest first and foremost. Realtors try to police themselves, therefore those who do not abide by the rules of the NAR are subject to being brought before a panel of their peers.
REALTORS are experts in the field of marketing properties. Statistically, a seller who uses a Realtor will sell for about 16 percent more than those who do not.
They often have designations (as indicated by initials behind their names) which indicate much additional education and experience.
Approximately one half of all licensed agents are members of the National Association of Realtors and can be called a REALTOR.
If you are contemplating buying or seller real estate it is highly advisable to seek the services of a REALTOR.
They have the ability to provide market research for help in setting a price for selling or help in determining what to offer.
They are available to show your home upon request regardless of where the seller is.
Using a Realtor saves your valuable time and energy for other things.
Many sellers attempt to sell their home directly but eventually engage the services of a Realtor when they find that advertising is expensive, finding a qualified buyer in todayâ€™s market is not as easy as one would like to think, that being available to show the home is difficult, etc. A Realtor can help buyers obtain financing. There are so many reasons to use a REALTOR.
A professional in any field is a valuable asset, find yourself a good Realtor now, and let them answer your current and future questions about the real estate market.
Related Article: Buying Through a Realtor >>