Although a lot of people consider real estate agent similar to the realtor, it is never the same! There are certain differences that make a realtor different from that of a real estate agent. A real estate broker is a must when it comes to avail real estate sales. However, both of them need a license to sell real estate. A genuine broker must hold professional liability insurance and ensure maintaining a smooth and profitable working term with the clients.
Listed below are some basic things that every realtor usually does, but non-affiliates do not:
- Realtors usually keep their owners as their sole priority. Also, they usually claim the reputation of being honest and fair to their parties.
- Looks forward to putting the best interests of the clients. Cooperation is indeed an important prospect in this regard.
- A realtor must not collect any commission without putting the fact in the knowledge of the seller. They should not even accept any fees from the third party without the consent of the seller.
- Documentation should be created appropriately and a signed hard, a copy should be present with each of the parties.
- Should be engaged in true advertisement and must adhere to the promises mentioned therein.
Things to know before choosing your realtor
1. License is a must
In order to be on the safe side, confirm if the real estate agent is licensed under the concerned regulatory board of the state. You may even go for online posts and further verification before dealing with them in money.
2. Seek for the reputation
Realtors receiving the title, “Realtor of the year” or the ones who have received peer-given awards from the state could be designated as a reputed and endorsed service provider and Montreal real estate broker is among the top ones of the list.
3. Have a glance at the appropriate credentials
See if your real estate broker owns certified designations such as Certified Residential Specialist (CRS), Accredited Buyer’s Representative (ABR) and Seniors Real Estate Specialist (SRES). This would help you gain the reliability of your realtor’s performance.
4. Term of business
Experience matters in business and an agent who has already been in business for a good time is expected to provide the best services to its clients.
5. Contact the broker’s recent clients
Seek for references directly from the broker and talk to them personally. This will help you get an overview of the work provision of the real estate broker, thereby helping you know their experience and if they have felt pleased or disappointed. Confirm the location, price and other salient features of the previously sold properties.