What is the difference between a REALTOR® and a Real Estate Agent?
All REALTORS® and Real Estate Agents are required to be licensed by the state to represent buyers and sellers in property transfers.
A REALTOR® is a real estate agent who is a member of the National Association of REALTORS®, which means that he or she must uphold the standards of the association and its code of ethics.
If you’ve already chosen a neighborhood, find an agent within that community or ask for referrals from family or friends. The following are some questions you might ask a potential real estate agent partner:
- Do you deal mostly with home buyers or with home sellers?
- Are you fully automated with a computer, smart phone, email, voice mail, text, etc?
- Do you have a list of reputable lenders, home inspectors, and insurance agents for me to consider?
- Are you a member of the local Multiple Listing Service (MLS)?
- Do you have information about For Sale by Owner properties?
- Are you able to provide local real estate market trends, values, and statistics?
Keep in mind:
- The seller is represented by the listing agent.
- The buyer is represented by the selling agent.
- The selling agent is also referred to as the buyer’s agent.
- Real estate commissions are usually paid by the seller.
Communication between all parties is critical during a real estate transaction. Your title and escrow partners at AmeriTitle are dedicated to working very closely with you and the agent you choose.
Oregon | Idaho | Washington
Recognized as a trusted resource for settlement services in the Pacific Northwest, AmeriTitle’s convenient locations in Oregon, Idaho, and Washington offer superior service and local expertise in all aspects of escrow, title insurance, and mapping services.
This content is provided for informational purposes only and is not to be construed as legal, financial, or real estate advice.