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Understanding the Role of a Realtor in Real Estate Transactions

A realtor is a licensed real estate professional who represents buyers and sellers in property transactions. They possess in-depth knowledge of the real estate market and assist clients in navigating the complexities of buying or selling a home. Realtors adhere to a strict code of ethics and utilize their expertise to provide valuable insights and guidance throughout the transaction process.

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FAQs

What is the primary role of a realtor?

The primary role of a realtor is to represent clients in buying or selling properties while providing expert advice and support throughout the real estate transaction process.

What qualifications do realtors need?

Realtors must be licensed by the state in which they operate, which typically requires completing a certain number of education hours and passing a licensing exam.

What services do realtors provide?

Realtors provide various services, including property valuation, marketing strategies, negotiation support, and guidance on legal and financial aspects of real estate transactions.

How do realtors differ from real estate agents?

While all realtors are real estate agents, not all real estate agents are realtors. Realtors are members of the National Association of Realtors (NAR) and adhere to its strict code of ethics.

Why should someone hire a realtor?

Hiring a realtor can streamline the buying or selling process, as they have access to market data, negotiation skills, and a network of industry professionals that can benefit their clients.

Q: How often does Realtor experience outages?

A: Major outages are rare, occurring only a few times a year. Minor issues can happen more frequently.

Q: How long do Realtor outages typically last?

A: Most outages are resolved within a few hours. Extended outages lasting more than a day are extremely rare.

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