If you are a first-time buyer or seller or are not familiar with the various roles that real estate agents play these terms may be confusing.
Often people use the terms associate, realtor and agent interchangeably but they are all different titles when it comes to real estate professionals. Take a look at each one below.
A real estate agent is a licensed expert that has undergone the necessary classes as well as passed the license exam of their state. He or she will monitor the activity of the local market and help sellers and buyers through their transactions via various ways resting on the role they take up in the process. To know more contact Suffolk County House Buyers Long Island New York.
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The agent will work solely in the home buyer’s best interest and guide them in every phase right from searching the home to closing up the transaction and more. The buyer’s agent merely put will,
This agent will represent the seller and the buyer both within the same transaction. Take for instance one wishes to buy a home in Denver and has a dual agent she or he will also represent the seller that you buy the property from.
Here the agent will work solely in the home seller’s best interest guiding them through each step right from marketing the home to closing. In short, he will,
He or she will help a broker or an agent to process the administrative things for the real estate transaction which includes- collect all paperwork, open the escrow account, ensure that every disclosure is signed and filed correctly and also manage deadlines.
The very word real estate agent itself is quite broad including realtors, brokers, and associate brokers.
Hope these terms had been helpful for you to understand the various roles and titles of real estate agents. No matter the area you plan to buy or sell a home, it is best to consult a real estate agent. They can offer all the advice and information that you require to make sure that the transaction proceeds in a hassle-free way from the beginning until the end. Get in touch with them and discuss your goals.