It is not unusual to hear the term realtor used casually in the context of buying or selling real estate, yet the term is accompanied by a specialized – and important – set of legal requirements that both business professionals and everyday people must be aware of. A realtor is much more than a mere real estate agent, with their expertise and adherence to strict legal protocols allowing them to facilitate the sale of properties in an effective and safe manner.
The Benefits of Working With a Realtor
Rather than simply being a go-between for a buyer and seller, a realtor’s role encompasses many more core duties. Their services will include property appraisals, negotiating sale prices, assessing potential zoning issues, arranging inspections and other paperwork, advocating for their clients, protecting their interests, and much more.
The National Association of Realtors, the nation’s premier licensing association for the real estate industry, strictly binds members to a strict code of professional ethics. This means that a realtor must stay up to date with legal matters and be held accountable for any actions taken on behalf of their clients.
The value of a realtor’s services extend beyond expertise and legal compliance. A realtor will help make the buying or selling process smoother and less stressful for all involved. By using the skills of a realtor, buyers and sellers can feel secure in the knowledge that their interests are being protected.
Realtor—A Valuable Professional
Realtors are invaluable professionals who can assist buyers, sellers, or both in a variety of situations. If one is looking to purchase or list property, they can provide invaluable advice on the possible options available, the status of legal documents and procedures, and even potential financing arrangements.
So while the term realtor may sound casual, it is really a legal term that serves a vital purpose in the business of buying and selling real estate. Working with a realtor means that a buyer or seller can rest assured that their interests are being properly safeguarded, and that the whole process is handled professionally and without undue stress. On the whole, the services they provide are well worth the expense, and no one looking to purchase or sell real estate should do so without the assistance of a realtor.