What is a REALTOR®? A designation that the agent is a member of the National Association of REALTORS®. A Realtor is a real estate professional who is a member of the National Association of Realtors (NAR). Realtors must have a license and have met certain standards for education and experience. They help people buy or […]
Real Estate Broker
What is a real estate broker? A real estate broker is a licensed professional that represents a buyer or seller – they can own and operate a brokerage with subordinate agents. A real estate broker is a licensed professional who helps people buy or sell property. They are more experienced than real estate agents and […]
Real Estate Agent
What is a Real Estate Agent? A licensed professional that represents a buyer or seller. A real estate agent is a professional who helps people buy or sell property. They will help you find a home that meets your needs, negotiate a purchase price, and handle all the paperwork that comes with buying or selling […]
Purchase Agreement
What is a Purchase and Sale Agreement? Often just a “purchase agreement”, it is the written contract between the buyer and seller that outlines the terms of the sale. The completion and signing of a purchase agreement effectively places both the buyer and seller (as well as the property in question) “under contract.” Does a […]
Open House
What is an Open House? During an open house, a seller’s real estate agent or broker holds open hours during which the home is available for the public to view. Potential buyers may drop by anytime within the scheduled hours, without an appointment, to look at the house. You’ve probably seen real estate signs on […]
Offer
What is an offer to purchase? Typically just an “offer”, is when a buyer proposes certain terms and presents these terms to the seller. When you make an offer on a house, you and your agent will discuss the terms of your offer and submit the offer to the home seller’s agent. Your offer may […]
Natural Hazards Report
What are Natural Hazards Disclosure Reports? Natural hazards disclosure reports are reports that tell potential buyers about any natural hazards near a property. These hazards can include things like flooding, earthquakes, and wildfires. The report will also include information about potential risks associated with these hazards and what the buyer can do to protect their […]
