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FAQ Working With An Agent

What’s a REALTOR®?

A REALTOR® is a real estate professional that is part of the National Association of Realtors, America's largest trade organization. The REALTOR® designation means an agent is a member of this collective and they identify as a real estate professional who subscribes to NAR’s strict Code of Ethics. REALTORS® have access to unique tools and networks that advance the entire industry and their service to clients.

What’s the difference between an agent and a broker? Is one better than the other?

A real estate agent is the representative who will most likely work with you to prepare and list or buy your property, guiding you through the transaction process. They are licensed professionals and must hang their license at a brokerage in order to complete transactions.

A real estate broker is often behind the scenes working to support a real estate agent, managing the brokerage as a whole and employing salespeople (agents) to work your transaction. They must hold a broker’s license. If selling a home, your property is actually listed through the brokerage, with the agent working on the broker’s behalf.

How do agents get paid?

Agents are paid by the seller of a real estate transaction. Their pay (both the selling and buying agents) is usually a commission percentage calculated off of the property’s sale price. The agents’ commission is paid at the close of escrow.

What is a dual agent?

A dual agent is an agent that represents both the seller and buyer in a single transaction. This is also often referred to as representing “both sides” of a transaction.

I want a local agent, not one from a big national company.

RealEstateAgents.com features the best local agents, no matter where you’re located! From boutique regional brokerages to large national brands, all our agents are experts in their local markets, understanding what makes each neighborhood unique and the community’s best features.