Here’s a short list of the advantages that using a real estate Broker can bring to your buying experience:
• Education and experience • Neighborhood 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 extremely important to know the “ins and outs” of real estate Brokers before you bring one along with you to help in your search for a home, just so that you know what to expect, and what will be expected of you.
WHO A REAL ESTATE BROER IS
Simply put, a real estate Broker is someone 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 National Association of REALTORS®. While a Broker is always a real estate Broker, a real estate Broker isn’t always a REALTOR®. Buyer’s agents are dedicated to looking out for the buyer's interests throughout the home-buying process. Buyers can schedule consultations with agents to learn more about the services they offer and to assess who can best represent their needs. Once buyers have decided on an agent who they feel can effectively represent them, they will enter into a buyer's agreement, formalizing the relationship and ensuring that their interests are protected during the search for their new home. 6
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