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Choose a REALTOR? to Sell Your Home |
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From Exit_Realtor
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Page 1 of 3
Once you've decide to sell your home, finding a
REALTOR? is the next step in the process. In making this important decision you
should understand:
- Who is a REALTOR?
- How to evaluate an agent
- What a REALTOR? will do for you
- Selling on your own
If you?re not in a "must sell" situation (job transfer, career opportunity, family upheaval, financial hardship), but rather in an "elective" one, you may want to consider adding on to your current home (if you need more space) or refinancing to lower monthly mortgage costs (if finances are a concern).
Who is a REALTOR??
The terms agent, broker and REALTOR? are often used interchangeably, but have very different meanings. For example, not all agents (also called salespersons) or brokers are REALTORS?. Learn who is a REALTOR? and the reasons why you should use one. As a prerequisite to selling real estate, a person must be licensed by the state in which they work, either as an agent/salesperson or as a broker. Before a license is issued, minimum standards for education, examinations and experience, which are determined on a state by state basis, must be met.
After receiving a real estate license, most agents go on to join their local board or association of REALTORS? and the NATIONAL ASSOCIATION OF REALTORS?, the world's largest professional trade association. They can then call themselves REALTORS?. The term "REALTOR?" is a registered collective membership mark that identifies a real estate professional who is a member of the NATIONAL ASSOCIATION OF REALTORS? and subscribes to its strict Code of Ethics (which in many cases goes beyond state law). In most areas, it is the REALTOR? who shares information on the homes they are marketing, through a Multiple Listing Service (MLS). Working with a REALTOR? who belongs to an MLS will give you access to the greatest number of homes.
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