A Realtor's Ethical Duty to Put Clients First
A REALTOR® is a special kind of real estate agent: one who follows NAR’s strict Code of Ethics, including the first and primary pledge to protect and promote the interests of their clients. This obligation means that a REALTOR® cannot make decisions or provide representation in a way that puts their own interests or commissions ahead of […]
CONSUMER GUIDE: REALTORS’® DUTY TO PUT CLIENT INTERESTS ABOVE THEIR OWN Read More »
As of August 17, 2024, many real estate professionals nationwide will be asking buyers to enter into a written agreement prior to touring a home. But what if you are just attending an open house? Here’s what you should know: I am attending an open house without an agent. Do I need a written buyer
CONSUMER GUIDE: OPEN HOUSES AND WRITTEN AGREEMENTS Read More »
Home Buyer Representation
When working with a REALTOR®, you can expect them to act in your best interests as the buyer. This includes providing expert guidance on local market conditions, assisting with property searches, helping negotiate the best terms, and ensuring a smooth closing process.
REALTORS® are held to a higher ethical standard than regular real estate agents, as they must abide by the National Association of REALTORS® Code of Ethics. This means they are legally obligated to be honest, act with integrity, and deliver competent and diligent service.
Open House Protocols
Attending open houses is a common way for homebuyers to explore potential properties. As of August 17, 2024, many real estate professionals will be asking buyers to enter into a written agreement prior to touring a home.
This written agreement helps establish the relationship between the buyer and the real estate agent, outlining the agent's responsibilities and the buyer's expectations. It's an important step in the home buying process that ensures transparency and protects the interests of both parties.
Securing Financing
One of the first steps in the home buying journey is securing financing. This involves getting pre-approved for a mortgage, which will give you a clear understanding of your budget and negotiating power when making an offer on a home.
Your REALTOR® can provide valuable guidance on the various loan options available, help you navigate the application process, and ensure you have all the necessary documentation in order to expedite the financing approval.
Making an Offer
Once you've found the perfect home, your REALTOR® will assist you in crafting a competitive offer that aligns with the current market conditions and your financial capabilities.
Your REALTOR® will help you evaluate the property's value, negotiate the terms, and handle the necessary paperwork to ensure a smooth transaction. They will also advise you on contingencies, such as home inspections and appraisals, to protect your interests.
