How do Real Estate Agents Get Paid?


How do Real Estate Agents Get Paid?

A most common question asked our staff is "How do real estate agents get paid?" Real estate agents typically get paid a commission out of the transaction at closing based on the sales price. The percentage built in to the sales price varies widely between different countries and different regions within the United States.  For example, in the United Kingdom [read more...]

 

Real Estate Agent Designations


Real Estate Agent Designations

Not all of the best real estate agents have a string of designations after their names, but many of the best do. Here is a summary of some common real estate agent designations Designations to look for: ABR: Accredited Buyer Representative This accreditation helps teach real estate agents on how to better service buyers. The ABR designation can be obtained [read more...]

 

Realtor Agents


Realtor agents can offer customer or client levels of service.  One of these choices provides more advocacy and protection to you as a buyer. What is the difference between a Realtor who acts as a buyer's agent and one who acts as a transaction broker? There is a huge difference between the roles of a “buyer's agent” and a “transaction [read more...]

 

Prior to Choosing Your Agent


Prior to Choosing Your Agent

Assess your wants and needs in a home by checking out this short video.  You will want to do this step prior to choosing real estate agents:   Other steps to take before meeting with a real estate agent: Examine the codes of ethics and standards of practice of trusted sources such as national and state associations. Learn about the [read more...]

 

Buyers Agency Agreement


Buyers Agency Agreement

See this video on the top reasons to sign a buyers agency agreement: Rather than have an implied oral agreement with a buyers agent, you will be in a much stronger position if you have a written agreement. A written agreement provides clearly specified obligations and duties, and can even have a clause that will outline what happens if one [read more...]

 

Accredited Buyer Representatives


Accredited Buyer Representatives

Why do over 70% of all real estate purchasers in the US choose to hire a real estate agent to help them handle the transaction? However, not all real estate agents have the same amount of education or experience. The Real Estate Buyer Agency Council suggest you consider these reasons to hire an accredited buyer representative ( ABR®) :[read more...]