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Realtor- What does it mean

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Realtor- What does it mean

The REALTOR® logo indicates a trained, licenced real estate professional who is a member of organized real estate, and abides by a Code of Ethics in everything they do in working towards one goal: client satisfaction.

Only a REALTOR® can list real estate in the Multiple Listing Service®. The MLS® logo confirms the REALTOR® is the source of quality, cooperative and comprehensive real estate information.

A REALTOR® provides much more than the resources of MLS®. As your agent, a REALTOR® owes you the duties of utmost care, integrity, confidentiality and loyalty. Whether you are a buyer or seller, you should make sure you discuss “Agency” with your REALTOR®, and the specific services to be provided. A REALTOR® must disclose who they represent in any real estate transaction. A REALTOR® may represent you as a buyer or as a seller, or they may also represent both buyer and seller in the same transaction.

Buyers

If you're buying, a REALTOR® has a variety of services and resources to help you find the property you want. Buyer representation services can include a needs assessment, a search for the right property, and negotiation of the best price and terms. A REALTOR® working as your Buyer Agent can also provide local market or neighbourhood information to be considered in your search, and can provide objective information about each property. A REALTOR® can help determine your buying power, then negotiate with a seller. A REALTOR® can guide you through the closing process, and make sure everything goes smoothly. To take full advantage of the professional services a REALTOR® provides to buyers, you may be asked to sign a Buyer Agent Agreement.

Sellers

If you're selling, your REALTOR® can provide a range of marketing and selling services to help you sell your property as quickly as possible, at the best price possible. A REALTOR® can provide up-to-date information about market conditions, pricing, and similar properties. A REALTOR® will know when, where and how to market your property to other REALTORS® and the public. The marketing services may include property staging, an Open House or internet postings. Your REALTOR® will help you determine how to handle “showings”, or visits to your property, and will help you objectively evaluate every proposal from a buyer. To take full advantage of the professional services a REALTOR® has to offer, ask for a complete presentation from the REALTOR® you're considering working with.

Make the right choice – work with a REALTOR®.

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