can bring to your buying experience: · Education and experience · A buffer between you and the seller · Neighbourhood knowledge · Price guidance · Market conditions information · Negotiation skills and confidentiality · The ability to handle paperwork · The ability to handle closing questions · Relationships for Future Business
It’s essential to know the “ins and outs” of real estate agents before you bring one along to help in your search for a home, just so that you might know what to expect and what will be expected of you.
Who is A REAL ESTATE AGENT? GENT?
Simply put, a real estate agent is licensed to list and sell real estate, including homes, multi-family properties, commercial, and industrial buildings. A Realtor®, however, is somewhat different. A Realtor® is a member of the Canadian Real Estate Association®. While an agent is always a real estate agent, a real estate agent isn’t always a realtor®. As mentioned, real estate agents who work in the best interests of the buyer are commonly referred to as buyer’s agents. All listing agents represent the seller. In contrast, buyers’ agents work on commission, which is contracted in the listing agreement. When a buyer’s agent brings the buyer, the listing agent must split the contracted commission with the buyer’s agent.
HOW TO CHOOSE THE BEST AGENT FOR YOUR NEEDS UR NEEDS
You might be urged to pick the first real estate agent who appeals to you or approaches you, but that’s something to avoid.
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