The world of real estate can be challenging and a bit confusing at times. Hiring a real estate agent is a great way to navigate the real estate market in your area.
Before hiring an agent, you need to assess your needs. First answer, do you need to acquire a selling or listing agent? What will the commission fees be? What kind of personality and experience do you need to make the process as coherent as possible?
If you want to sell your home, consider hiring a listing agent. Listing agents represent the party selling a property. They will promote your home and find the right ways to make your property more competitive within your target market.
A selling agent, also known as the buyer’s agent - which may sound counterintuitive, acts on behalf of the potential buyer to buy a property. A seller’s agent will do research on local properties that best suit the buyer’s budget and search criteria.
Until the contract is signed, this agent is referred to as a buyer’s agent and post-contract signing, they are referred to as the selling agent.
The selling agent commission price may seem daunting. However, paying this fee ensures you have a proficient real estate professional on your side to help navigate the legality of real estate transactions.
Once a property is sold, the home seller pays the brokerage of the listing agent. The brokerage will then give the listing agent a portion of the commission fee. The national standard commission rate hovers around 6% total for buyer and seller agents.
Whether you are searching for a listing or seller agent, it is important to assess their credentials and make sure their expertise fits your criteria. Do they understand your local market? Are they a good negotiator? Can they market your home for the best price to get it sold quickly, so you can continue with your journey?
Overall, the cost of hiring a listing or seller's agent is worth the expense. Both of these real estate agents will mediate between the buyer and seller and keep the situation calm when emotions run high.
Since 1990 I've been happily helping people just like you realize their dream of home ownership, and loving every minute of it! I'm an educator by heart, so you won't feel overwhelmed with the whole process. I'll be there with you every step of the way and more! I've been where you are now more than once and I understand all the emotions and apprehensions that come with a move. If you're relocating, I will make sure you have all the information about neighborhoods, schools and services that are important to you. I am detail oriented and I have a strong background in research. I have my BA in Economics from Lewis & Clark College, and graduate studies in Counseling Psychology at St. Martin's University. I'm a graduate of the Masters Sales Academy for Realtors. I've also been an instructor for new real estate agents. I've been recognized with the National Sales Award "The Dozen" for being in the Top 5% of all Realtors & the local Realtors Thurston County Star Agent Award.
