What is a Listing Agent or Seller’s Agent? Let’s look at the definition of a listing agent. A listing agent is a real estate professional who lists homes for sale. It is why they are called a “listing agent.” A listing agent is the exact opposite of abuyer’s agent. They repre...
where you'll find such details as their years of experience, number of homes sold, clients' reviews, and more. Don't just move forward with the first agent you meet. Choose at least a few and ask them some questions to assess whether they're right for you. ...
real estate broker- a person who is authorized to act as an agent for the sale of land; "in England they call a real estate agent a land agent" estate agent,house agent,land agent,real estate agent broker,factor,agent- a businessman who buys or sells for another in exchange for a co...
Sold or Closed (SLD) (CLSD) The terms “sold” and “closed” are often used interchangeably in real estate, but they can mean different things in the home-buying process. When a property is listed for sale, it is considered “sold” when a buyer and seller agree on the purchase terms...
Placing ads in print and digital media is still a key way of promoting a property. However, it’s important for your agent to strategize around who is going to ultimately buy your property. Is it an international buyer or a very high net-worth buyer? Then it might make sense to pl...
In addition to a listing broker, there may also be aselling broker, who finds a buyer and receives a commission as well. Buyers can also have their own brokers or agents, who also receive commissions. For buyers, it is important to be aware that a buyer's agent will represent the buyer...
One of the sayings in real estate is, “there is a buyer for every home.” The same could be true about real estate agents. To homeowners, it seems like there is a real estate agent for every house. If you believe in the first cliché, then eventually, you will have an offer and ...
In Florida, the law states a single agent is one who has a fiduciary responsibility to either the buyer or the seller in the same transaction, but not both. When there is a single agent relationship, either the seller or the buyer is the principal (the party with whom a real ...
With anexclusive agency listing, one broker is authorized to act as the exclusive agent for the seller. The seller retains the right to sell the property without obligation to the broker. However, the seller is obligated to pay a commission to the broker if the broker is the procuring cause...
Just as the seller in a real estate transaction may be represented by a broker, so may the buyer. Eighty-nine percent of people who bought a home in 2023 did so with the help of a real estate agent.2 The buyer’s agent is also referred to as the selling agent once an offer has b...