What is in Realtor

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What is in Realtor

What is in Realtor
A Realtor is a highly trained pro that will help you buy and sell homes.

What is in Realtor is a real estate professional that is highly trained, and licensed to help you buy a home, and/or sell a home.  He or she may be a real estate agent, or a real estate broker.

A Realtor is normally aligned with a real estate company or broker that they represent.  This alignment provides advantages for you the home buyer, and/or the home seller.

I will present how to become a Realtor. I will also explain what makes a good Realtor, and how to find a good Realtor for your real estate needs.

How to Become a Realtor

Do you have a passion for real estate? Does the idea of viewing and showing homes of different architecture, in varying neighborhoods, and in many conditions appeal to you?

Are you a people person? Are you good in basic math? If you answered yes to these questions, becoming a Realtor might be the perfect occupational path for you.

In order to become a Realtor, otherwise known as a real estate agent, and a real estate salesperson, you first have to undergo the correct training.

Your first step should be to align yourself with a good real estate brokerage or company.  Most of these businesses will welcome new agents.

Let them know you would like to become an agent, and you want their direction in order to take the educational courses, and find out if they assist new agents with the training.

What is in Realtor
Your first step to becoming a Realtor is to study for the real estate exam.

They will likely point you to an online real estate school, as this is where most of the academic aspect is now taught. There are still some schools and classes you can attend in person, but online is where most people now learn.

You will most likely have to pay most or all of the costs of the real estate school.  Some companies will help new agents with these, so make sure you find out.

When you complete your education, which takes anywhere from a few months to several months in most cases, you will be ready to take the exam.

When you pass the exam, you are ready to begin your day to day career as a real estate agent.  You should understand that the life of a career agent is not an easy one.

For most months during the year, you will work almost every weekend.  You will also work early mornings, and late evenings as a general rule.  You are ‘on call’ almost 24/7 as you can field calls, texts, and emails at all times day or night.

Most agents, at least until they establish themselves, will have good months and bad months, even if they work very hard.  There are also many fees that a real estate agent will incur.  You will effectively be working for yourself, but not by yourself.

It may take a while once you get started to earn some decent commissions, so be sure you have some monetary back up to pay your bills for a few months before you start.

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What Makes a Good Realtor

A good Realtor or real estate agent has many common traits, and provides important services for the good of the home buyer, and home seller.

You want an agent that makes it a priority to get to know you, the customer.  He or she should cultivate a respectful, and courteous relationship with you.  He should sit down with you, and find out your real estate goals,

What is in Realtor
Good Realtors are good communicators.

He or she should find out your financial status, your motivation, your time line, what it is you would like to achieve.  He will take charge of your real estate needs, and make you feel important, because you are the most vital part of his or her real estate business.

Good agents are good communicators.  They will talk with you about every part of the process, whether it be selling, buying, or both.

Realtors can get very busy, but even so, they should return your calls texts, and emails as soon as possible, which is normally within about 24 hours, unless of course specials situations apply.

You also want your agent to be a full time agent.  Real estate transactions can get challenging with short time lines and deadlines.

A part time agent may take too long to address things that come up quickly, due to their other commitments.

These delays may mean the difference between having an offer submitted in time on your dream home, or costing you a buyer that found another property in the meantime.

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How to Find a Good Realtor

The best place to find a good Realtor is with people you trust. You should check with family, and close friends that have recently bought or sold real estate.

Ask them if they would recommend the real estate agent they used, and if so, why.  Find out how they were treated, and how they did from the financial perspective.

Did the agent refer lenders, title companies, and home inspectors? If so, how satisfied where they with their services?

There are many Realtors today that work as part of a team. It is beneficial to you to find one as they will be able to devote more time to your needs.

You can also look online for an agent, or to check to learn more about an agent that you are interested in hiring.  A lot of information is available at Zillow, and Realtor, for instance.

What is in Realtor
Interview 2 or 3 agents before you pick one to represent you.

Once you have 2 or 3 good recommendations, you should set up a time to interview all of the agents.  Ask them what they will do to assist you to satisfy or go beyond  your real estate goals.

You want to gauge, and determine their levels of commitment, sincerity, and philosophy.  Ask them about their areas of expertise, and their experience.

When interviewing a listing agent, find out how they intend to sell your home over and above submitting it to the Multiple Listing Service or MLS.  You want your agent to use every means possible to place ads, and otherwise promote your home listing.

You will want them to have open houses, use social media, and place ads in real estate magazines in your local area.

You also want to see them place ads in local real estate websites and newspapers, use professional, strategically placed signs and flyers, and inform their own network of fellow real estate professionals about the listing.

Possibly the most important aspect is what percentage of commission do they charge.  Typically, to list a home, a listing agent or broker will charge from about 5.5% to 7% commission.

Ideally, you want to pay as little as possible, although depending on the amount and quality of services provided, a higher commission may be justifiable.

The more info you can pull from these agents, the more clear your decision will be as to your favorite agent to go forward with.

I would also advise you not to sign anything with any of the Realtors until you have interviewed all of your possible choices.

Chances are they will try to get you to sign a listing agreement if you are selling, or a buyer’s agreement if are buying.

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What is in Realtor – Conclusion
What is in Realtor
Choosing the right Realtor can determine your buying and selling success.

What is in Realtor is a real estate professional that is highly trained, and licensed to help you buy a home, and/or sell a home.  He or she may be a real estate agent, or a real estate broker.

Do you have a passion for real estate? Does the idea of viewing and showing homes of different architecture, in varying neighborhoods, and in many conditions appeal to you?

Are you a people person? Are you good in basic math? If you answered yes to these questions, becoming a Realtor might be the perfect occupational path for you.

To become a Realtor you will need to align yourself with a Realtor company, take the real estate agent training, and pass the exam.

A good Realtor or real estate agent has many common traits, and provides important services for the good of the home buyer, and home seller.

The best place to find a good Realtor is with people you trust. You should check with family, and close friends that have recently bought or sold real estate.

Please leave your comments, and questions below. I will respond to you directly. Please also feel free to share on social media using the convenient buttons below. Thank you for reading, What is in Realtor.  Good luck with your real estate endeavors.

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2 thoughts on “What is in Realtor”

  1. I really enjoyed reading this post. I remember in my 20s I was thinking about joining real estate and taking a training course, but life got in the way so to speak. This post was informative and thorough and I see you have a wealth of information about buying and selling homes. Who knows? maybe someday I will decide to become an agent. Thanks!

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