Gettin' Real: A Real Estate BlogGettin' Real: A Real Estate Blog


About Me

Gettin' Real: A Real Estate Blog

Many people say they don't really feel like an adult until they buy their first home. It is a huge step. Rather than letting a landlord make all important repairs, you take on this responsibility yourself. You also get to build equity in the home over time, which can be a rather smart investment. At the same time, buying your first home can be a little intimidating. You may have questions about applying for a mortgage, setting a budget, and shopping efficiently. We hope to answer those questions with our helpful content. Your real estate agent is a good source of information, and so is this blog.

Categories

Latest Posts

How To Make Your Home More Appealing When Selling It
1 October 2021

When people want to buy homes, they will browse th

3 Things To Know About Working With A Realtor
17 September 2021

Whether you plan to buy a home or put one on the m

4 Tips To Help You Buy A Home With Impressive Storage Capacity
16 August 2021

Using all the storage space in your current home a

Consider Any Quirks Of Living In A Vintage Brownstone Apartment
16 August 2021

Living in an older apartment building can have its

Why It's Worth It To Pay Cash For Home Purchases
30 July 2021

When buying a home, it's wise to pay in cash. Ther

3 Things To Know About Working With A Realtor

Whether you plan to buy a home or put one on the market, you will likely want to seek out help in the form of a realtor. Realtors are real estate professionals who have the experience and skills you need to achieve your real estate goals. A realtor can help you get through the process of buying or selling a home and will help you avoid potential pitfalls. Here are three things to know if you plan to work with a realtor.

Realtor Versus Real Estate Agent

The first thing you should know when it comes to realtors is how they differ from real estate agents. While real estate agent and realtor may be used interchangeably, there are a few differences. Realtors are a part of the National Association of Realtors (NAR) and follow that organization's code of ethics. While not all real estate agents may be realtors, many are. While real estate agents and realtors perform similar jobs, you may find that you prefer the additional certifications that a realtor has.

Realtors Work Via Commission

Another thing that you need to know about working with a realtor is how they are paid. Realtors work via commission, usually paid by the seller, and it is something you can negotiate if you are a seller. Usually, a realtor's commission is between 5 and 6 percent of a home's sale price. If you are a buyer, you won't have to worry about paying a commission. If you are a seller, you will likely only need to deal with the commission if your realtor successfully sells your home.

Talking To Multiple Realtors Is A Good Idea

There are many realtors, but not all of them will be the right fit for your goals. If you want to work with a realtor, taking the time to interview multiple candidates is a necessity. When talking to a prospective realtor, don't be afraid to ask a lot of questions. You will want to know what kind of clients they typically work for and what properties they specialize in. The more questions you ask, the easier it is to find the right fit.

If you plan to work with a realtor, there are a few things to know. First, realtors are different from real estate agents and have a code of ethics from the NAR. Second, realtors work via commission, which the seller typically pays. Finally, interviewing multiple realtors before deciding on one is a good strategy.