As a real estate agent, I am asked a lot of different questions any time anybody finds out what I do for a living. Real Estate is one of those topics everybody likes to talk about. What I have found is there is a lot of information out there, but still so many unanswered questions.
One of the questions I get asked the most, is who represents who? If you aren’t an agent, I can see how things would get a little confusing. Let’s say you see a house with a sign out front and you call the person who is on the sign. Who exactly are they representing?There are two real estate professionals in every home sale.1) The Listing Agent – The listing agent represents the seller in a real estate transaction. Their job is to price, market and ultimately sell the property. They communicate directly with the sellers. The Listing Agent has a contract between them and the seller.2) The Buyer’s Agent – The buyer’s agent represents the buyer in a real estate transaction. Their job is to help a buyer find a home that is a perfect fit. The Buyer’s Agent searches for homes, negotiates prices, coordinates inspections and makes sure everything stays on track, so the buyer closes on their dream home. The Buyer’s Agent has a contract between them and the buyer.Typically, the seller will pay both the Listing Agent and the Buyer’s Agent for their services.In a real estate transaction, each party has representatives working on their behalf, protecting their interest. It is unusual for sellers and buyers to speak directly to each other or even meet until closing day.
Adrian’s Adventures – Who’s Who
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