Ready to dip your toes into real estate? Getting into real estate, whether you want to buy, sell, or flip can be a great investment in yourself and your future. But it’s not as easy as buying a house the same day you come up with the idea.
Real estate has a lot of moving parts to learn, and that’s challenging without having the right people on your side. And the first step is understanding who these people are and what they do.
What does a realtor do? In the real estate game, they do more than you might think.
Keep reading to learn more.
What Is a Realtor?
A realtor is not the same as a real estate agent, or other positions, though someone can be both. There are a lot of titles in the field, and comparing them all like Appraiser vs Real Estate Agent will give you a bit of clarity, and can assist you in learning about real estate in general.
Ever wondered what’s the difference between a realtor and a real estate agent? A realtor is a part of the National Association of Realtors (NAR), and not all members are real estate agents.
People who are property managers, brokers, and other jobs can join. But when you hear the term realtor, it’s usually being used synonymously with real estate agents, so let’s look at what realtors do who are real estate agents.
What Is a Real Estate Agent
A real estate agent will be your main guide through the entire process of buying or selling. They take on a lot of different jobs and wear a lot of different hats. These roles can depend on what you want with your real estate journey.
For a Buyer
If you’re looking to buy a house or piece of property, you may hire a realtor to find properties, schedule walk-throughs, help with preapproval, write up offers, and more. They can also help negotiate both the property price and inspection costs, and communicate with the sellers. Having a real estate agent on your side will make the buying process much smoother, faster, and allow you to buy with confidence.
For a Seller
If you are planning to sell, the realtor job role looks a bit different. They will help stage your home so it looks ready and enticing for buyers. They will also market your property, schedule viewings, and manage walkthroughs.
A real estate agent will also help you price your home correctly, which is something an appraiser can do. Selling a property can be difficult, but a realtor will know the trends of the industry to ensure you get the best offers possible.
What Does a Realtor Do?
Instead of asking what does a realtor do it might be easier to ask what they don’t do in the real estate world. Their main job is to help you buy or sell and get the very best deal.
There is a lot of paperwork and technicalities involved in property, so having a realtor on your side can help immensely. If this helped you better understand what they can do for you in real estate, keep reading for more useful tips.