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Elizaville : Real Estate Advice

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  • Local Info0
  • Home Buying3
  • Home Selling0
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Activity 5
Andrey Sokur…, Real Estate Pro in Minneapolis, MN
Mon Jul 11, 2016
Andrey Sokurec answered:
Yes this is a common mistake that most of people do while talking about the real estate industry.

Here is a simple answer:

Real estate agent: Also known as real estate associate, a real estate agent is a professional who has passed all the required exams along with the state level real estate licensing exam. He/she must be working under a broker.

Real estate broker: A broker comes on the higher level as compared to that of an agent in the real estate professionals’ hierarchy. He has completed the advanced education and has gone through additional training, which let him get the detailed knowledge of the real estate law.

Realtor: He/She needs to get the membership of National Association of Realtors (NAR) or Canadian Real Estate Association (CREA) and needs to maintain the standard and subscribe to the code of ethics for becoming a member of NAR or CREA. Every realtor is a agent, but every agent is not a realtor.
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0 votes 19 answers Share Flag
Arlene Campb…, Real Estate Pro in Rhinebeck, NY
Tue Mar 10, 2015
Arlene Campbell answered:
Is your house price right? How is the marketing going?

Please contact me if you have any question.
0 votes 4 answers Share Flag
Tom Lynch, Real Estate Pro in Great Barrington, MA
Mon Apr 15, 2013
Tom Lynch answered:

Property was withdrawn from the market this past October. 40 acre lake.

GORGEOUS property.

Please contact me if you have interest in purchasing this property, or properties similar.

All the best,

Tom Lynch
Associate Broker, Massachusetts, New York, and Connecticut
Berkshire Property Agents
12 Railroad Street
Great Barrington, Massachusetts 01230
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0 votes 1 answer Share Flag
Jennifer Fiv…, Real Estate Pro in Red Hook, NY
Mon Aug 16, 2010
Jennifer Fivelsdal answered:
A buyer's broker represent the buyer. This means that such a person can help you with your negotiations. For example, provide a market analysis to make sure you are not over paying for the property. Take into consideration trends in the market place such as short sales and foreclosures and other things that could have an effect on value in the future. The buyer's broker will help you to be realistic with your purchase for example reminding you of the need to keep resale in mind, because you would not want to get stuck with a property that would be hard to unload. How is this different than a seller's agent? the seller;s agent is concern with the property he or she is representing and not your particular needs or investment.
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0 votes 6 answers Share Flag
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