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What is the Difference Between a Buyers Agent and a Listing Agent When Buying or Selling Property.

Reblogger
Real Estate Agent with Nesbitt Realty at Condo Alexandria 0225-089134

What is the difference between a buyers agent and a listing agent when buying or selling a property, is a unique article about Real Estate. To see what the difference is between a buyers agent and a listing agent, see the article underneath this reblog.

Original content by Beth Paisley

Why Use A Realtor?

 

A real estate agent’s job is to help guide you through the complexities
of buying or selling a property.

 

A Listing agent is one that works for the seller. They will list the property on the MLS and conduct all the activities from the seller’s side and work for the seller in negotiations and conversations.

 

A Buyers agent works solely for the buyer, facilitating the transaction on the buyer’s behalf, looking out for their interests, advising and guiding them throughout the process.

 

WHY WRITTEN BROKERAGE AGREEMENTS?

 

So, why do you have to sign brokerage agreement? 

The short answer is that Virginia law requires it in order to protect you. The longer answer is that having something in writing — whether it covers a single property or a months-long relationship — ensures that both you and your Realtor® understand exactly what’s expected from each other.

Be sure to discuss your options with your Realtor®, and make sure all your questions are answered.

In the past, when you have purchased a home you may have worked with a real estate agent with no written agreement in place. As of July 1, 2012, it is now the law in Virginia that written agreements must be in place for many services to be provided by a real estate agent, similar to how it is with many other types of professional business relationships.

Each agent or Realtor has their own duties depending on who they work for and each can bring something different to the table during the purchase, sale of homes.

Why use a Realtor?

 

About Beth Paisley Realtor Long and Foster Webber Winchester Virginia

 

Homes for Sale in Winchester VA

 

 

Comments (1)

Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hi Will - a good post to re-blog.  As we know the laws in each state are different but using a local and knowledgeable broker is so important regardless if the client is a buyer or seller. People need to be informed.

Jul 01, 2014 02:53 PM