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What to Consider When Searching for a Licensed Professional Real Estate Agent
Whether you are buying or selling real estate, a licensed real estate professional will be a valuable asset in assisting in your transaction. When you create an agency relationship with a real estate agent what are you getting? When you employ a licensed real estate agent, you are increasing the level of care you can expect in your transaction going forward. In many states, real estate agents in an agency relationship have a fiduciary responsibility to their clients. Fiduciary responsibility is a term used to describe the highest level of professional care. Your agent will look out for your best interests and negotiate accordingly. If you are buying real estate, then commissions paid to your real estate agent are often paid by the listing brokerage which costs you nothing. If you are selling your property with a real estate agent, your exposure to potential buyers is unparallelled. What’s the difference between a licensed real estate agent and a Realtor®? Often times, the term is used incorrectly. Both are licensed, however a Realtor® subscribes to a higher standard of care and code of ethics. Realtors® are members of The National Association of Realtors. As a Realtor®, an agent has guidelines and a standard of care that you can rely on whether you are in Arizona , Montana, or Maine, as this is a standard set nationally to protect the consumer and set boundaries and guidelines for agents to follow.
Most professional real estate agents as Realtors® have access to their local MLS. Having your property listed on the local MLS with a real estate agent exposes your property to most of all real estate agents around the respective states. If your looking for a commercial real estate agent, see the links to find a licensed commercial real estate agent.