Buying a home is the biggest investment most people will ever make, but not all real estate agents are equal. What's the difference in a real estate agent and a REALTOR®? REALTORS® subscribe to a strict Code of Ethics. For over 100 years, REALTORS® have promoted and protected the dream of property ownership for millions of people just like you. When you're buying a home, here's what a REALTOR® can do for you.
- Act as an expert guide. Buying a home typically requires a variety of forms, reports, disclosures, and other legal and financial documents. A REALTOR® will know what's required in your market, helping you avoid delays and costly mistakes. Also, there’s a lot of jargon involved in a real estate transaction; you want to work with a professional who can speak the language.
- Offer objective information and opinions. A great REALTOR
- Give you expanded search power. You want access to the full range of opportunities. Using a cooperative system called the multiple listing service, your agent can help you evaluate all active listings that meet your criteria® will guide you through the home search with an unbiased eye, helping you meet your buying objectives while staying within your budget.
- Stand in your corner during negotiations. There are many factors up for discussion in any real estate transaction—from price to repairs to possession date. A real estate professional who’s representing you will look at the transaction from your perspective, helping you negotiate a purchase agreement that meets your needs and allows you to do due diligence before you’re bound to the purchase.
- Ensure an up-to-date experience. Most people buy only a few homes in a lifetime, usually with quite a few years between purchases. Even if you’ve bought a home before, laws and regulations change.
- Be your rock during emotional moments. A home is so much more than four walls and a roof. Having a concerned, but objective, third party helps you stay focused on the issues most important to you when emotions threaten to sink an otherwise sound transaction.
- Provide fair and ethical treatment. When you're interviewing agents, ask if they're a REALTOR®, a member of the National Association of REALTORS®. Every member must adhere to the REALTOR® Code of Ethics, which is based on professionalism, serving the interests of clients, and protecting the public.