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Why Hire a Realty World Professional to Sell Your House?
A Realty World sales associate, is an individual who has studied real estate, passed a state licensing examination and has been granted a license by the state. He or she is retained by you for a single purpose: to find a buyer for your property. The agent works for and represents a specific licensed real estate brokerage company owned and managed by a real estate broker. The company is paid a brokerage fee (commission) by you for assistance in the house selling process. The listing broker and the agent are the people you hire to represent you through the sale, from pricing your home to closing. The selling broker is the individual who produces a buyer for the property. The brokerage fee is divided between the brokerage that lists the property and the brokerage that sells the property. The agents receive their portion of the brokerage fee from their brokers. However, in some cases, the selling agent may have a contractual relationship with and be paid by the buyer. Your REALTY WORLD® associate can explain the different relationships.
A broker is a real estate professional who has completed advanced level real estate training and passed state broker licensing tests. Only a broker can represent the public in real estate transactions. However, the associate will be your day-to-day contact while the broker is in the background helping the associate and double-checking the paperwork.
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