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This involves a lot of time,
effort, and patience, as well as specialized skills and
knowledge. That is why most
people turn to a REALTOR® for help.
When you sell your home, the REALTOR® will work for you as a
client. You sign a contract with the agent, called a listing
contract. The agent then works for you and receives an agreed
commission when the house is sold.
In a seller/client relationship, the agent guides you
throughout the real estate transaction, providing information on
such issues as pricing your home,
which purchase offers are fair, and how to structure a purchase
contract to your advantage. It is the business of the REALTOR®
to help you sell your home with minimum delay and to help you
realize every dollar it is worth.
Although the REALTOR® works for you and owes you additional
services, called fiduciary duties, the REALTOR® must also treat
his or her buyer customers fairly. The buyer is generally the
customer. There is no contract between the buyer and the REALTOR®.
Today, however, many home buyers use a buyer’s
agent – a specialized REALTOR® who is the home buyer's
client and works for the interests of the buyer. This makes it
even more important for you to have an expert on your side
looking out for your best interests.
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