multi-family properties, commercial, and industrial buildings. That person can also be an associate broker, a broker or a sales professional. A Realtor®, however, is somewhat different. A Realtor® is a real estate agent who holds an active membership of the National Association of Realtors® NAR. While an agent is always a real estate agent, a real estate agent isn’t always a REALTOR®. Members of NAR are held to a higher standard of conduct. The NAR has a code of ethics that claims to differentiate Realtors® from real estate agents. As mentioned, real estate agents who work on behalf of the best interests of the buyer are commonly called buyer’s agents. All listing agents represent the seller, but other agents who don’t have buyer-agency agreements with prospective buyers — even though they may show homes to those buyers — are working on behalf of the seller and must obtain the best price they can for the seller. In contrast, buyer’s 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 feel the urge to pick the first real estate agent who appeals to or approaches you, but that’s something to avoid. As with any professional, there are degrees of professionalism, dedication, and experience. The “wow factor” will simply wear off. Meet with prospective buyer's agents in their offices. A good buyer’s agent will want to know whether you’re preapproved for a loan by a financer, what kind of loan, and the terms of the loan
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