What Is the Difference in a Real Estate Agent, Broker, Realtor?

Real Estate Agent

Are you planning to move out and sell your home? Or perhaps are you looking for one? Regardless of what you need, when it comes to real estate transactions, you need the help of a real estate agent. But which one should you hire? Some real estate jargon can be difficult to decipher if you aren’t familiar. You may hear about real estate agents, realtors, or a real estate broker. But what’s the difference?

A real estate agent

Basically, a Real Estate Agent Myrtle Beach, SC is a professional who it licensed to aid people in buying, selling, or renting homes and properties. Bear in mind that you don’t just become a real estate agent simply by understanding how the trade works. To become a real estate agent, candidates must first go through pre-license training. This means every candidate needs to be trained before they could proceed to the next test which is the examination. Once candidates pass the examination, they are given a license and are call real estate agents.

Real estate broker

A real estate broker is a professional who has gone a step beyond a regular real estate agent. As mandated by state laws, real estate agents must pass exams to become a real estate broker. You can think of them as real estate agents with a master’s degree. Real estate brokers have more training and are more knowledgeable.

Realtor

To become a realtor, a real estate agent must become a member of the National Association of Realtors. After which, the realtor needs to conform to the standards and code of ethics set by the association.

Listing agent

A listing agent is a real estate agent who aids the seller. These professionals help home sellers in a variety of tasks that involve the sale of a property. These tasks may include the following:

  • Putting a price on the property
  • Staging the home
  • Putting the house on the market
  • Holding open houses
  • Coordinate showings
  • Negotiate with buyers
  • Oversee the home inspection
  • Help and process closing procedures

Buyer’s agent

A buyer’s agent is basically the opposite of a listing agent. Instead of working for the seller, a buyer’s agent will help people in buying a home. But sometimes it can get confusing. There are real estate agents who work both as a listing and buyer’s agent. When working with a buyer’s agent, be sure that you sign a contract saying that they work exclusively as your agent until the transaction is complete.

How to find the right professional for you

Finding a reliable real estate agent is never easy. Luckily, there’s always Full Potential Real Estate, LLC who can help you whether you are buying or selling a home. When it comes to hiring the right real estate professional, be sure to find out if they have an outstanding reputation in the industry.

Are you looking for a real estate agent but having a hard time? Look no further! Full Potential Real Estate, LLC is here for you! You may reach us at (843) 492-4537.

Full Potential Real Estate, LLC
Myrtle Beach, SC 29577
843-492-4537
https://fullpotentialrealestate.com


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