Are you wondering what a Massachusetts Realtor is and what they do for their clients? A Realtor is a licensed real estate professional member of the National Association of Realtors (NAR). There are over 1.5 million Realtors across the United States. They adhere to a strict code of ethics and standards that set them apart from other real estate agents. The organization advocates for upholding the rights of buyers and sellers worldwide.
Realtors provide comprehensive services to buyers and sellers, ensuring smooth and ethical transactions. I have been a Realtor in Massachusetts for nearly thirty-eight years. I became a Realtor because I love the fact that there is an obligation to do what is best for the client.
The best Realtors prioritize their clients’ interests over their own. Getting a commission check is the result, not the goal.
For example, when someone asks the best time to sell a house, the answer shouldn’t always be “now.” It should be the truth. Agents who tell you now are looking out for their wallet or purse. They are thinking about how to get their next commission as fast as possible, not what’s best for the person asking the question.
They go to great lengths to explain terrible concepts like single agent dual agency and its downsides for buyers and sellers. In a nutshell, they take the word fiduciary seriously.
Crucial Takeaways on Realtors
I will provide you with the following information so you can make better decisions when buying or selling real estate:
- The definition of a Realtor
- How is a Realtor different from a real estate agent
- Tasks and responsibilities Realtors have in a real estate transaction
Let’s examine everything you should know.
The Definition of a Realtor Explained.
Realtor vs. Real Estate Agent
Real estate agents and Realtors hold licenses to assist in buying or selling properties. However, not all real estate agents are Realtors. Realtors belong to the NAR and commit to its code of ethics. This…