Choose your Realtor® the way you would choose a Doctor

By
Real Estate Agent with Ask Gina & Company with Keller Williams Realty Loudoun Gateway

Choose your Realtor®  the way you would choose a doctor, accountant, or other professional. Seek a friend or colleague’s recommendations, check out the local ads, and meet with several.  Whether you’re buying or selling your home, or just reviewing your options, you need the expertise of someone whose job is to study and know your local real estate market on a daily basis. That's where a Realtor® is the key to unlocking the possibilities.  

 
Once you’ve found the Realtor®  you want to represent you (as either a buyer or a seller), you enter into what’s called a “brokerage relationship.” In Virginia, the law requires you to sign a written brokerage agreement in order to protect you. It ensures that both you and your Realtor® understand exactly what’s expected from each other. 

 

At a minimum, a brokerage agreement outlines:

  • What services the Realtor® will provide 
  • How long he or she will be providing those services
  • What fee (if any) and how it's paid


In most cases, your Realtor®  will act as what’s called a standard or “full-service” agent. Meaning they will provide you with a wide range of assistance throughout the transaction and all the advantages of having a trained real estate professional working for you. You and your Realtor® decide what kind of working relationship works best for you.

The broker agreement can be signed for a single day, to see only a few houses, or the most popular - be active for a duration of several months. The agreement also outlines payment to the Relator. For sellers, the fee is typically a percentage of the sale price while a buyers agent is typically paid for by the sellers agent agreement specific to that property. Be sure to discuss your options with your Realtor® and make sure all your questions are answered.


Looking for a local Realtor®? Start by calling your local experts at Ask Gina & Company at 703-574-3478 to learn how to unlock the possibilities in real estate.

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Rainmaker
1,387,364
Andrew Mooers
MOOERS REALTY - Houlton, ME
Northern Maine Real Estate-Aroostook County Broker

Ask questions, look for results and check how they market property listings. If it is ho hum, you lose.

Sep 13, 2012 06:33 AM #1
Rainmaker
458,168
Patty Da Silva, Davie, Southwest Ranches Cooper City, Plantation, Weston, REALTOR
BROKER of Green Realty Properties® - 954-667-7253 - Davie, FL
Top Listing Broker

Great blog Gina. Most people don't realize they can sign an agreement for just a day or for a particular house.

Sep 13, 2012 08:23 AM #2
Rainmaker
398,420
Gina Tufano
Ask Gina & Company with Keller Williams Realty Loudoun Gateway - Sterling, VA
Ask Gina & Company, Northern Virginia Real Estate

Andrew - Thanks for the comment. Just like you would ask for Doctor recommendations, checking an agents testimonials is a great start. 

Patty - Thanks for the comment. While we (as Realtors) don't advertise that often, but it is an option for a condition to a buyers agreement! 

Sep 13, 2012 10:02 AM #3
Rainmaker
383,665
Shannon Milligan, Richmond VA Real Estate Agent
RVA Home Team with Jefferson Properties - Richmond, VA
RVA Home Team - Winning with Integrity.

Those looking to buy a home in Northern Virginia need to look no further than Loudoun County Realtor Gina Tufano!

Sep 13, 2012 04:50 PM #4
Rainmaker
398,420
Gina Tufano
Ask Gina & Company with Keller Williams Realty Loudoun Gateway - Sterling, VA
Ask Gina & Company, Northern Virginia Real Estate

Shannon - Ding, ding, ding - We have a winner!!! And for Greater Richmodn Realtor, Shannon Milligan is the real estate expert you need on your side!  :)

Sep 14, 2012 07:44 AM #5
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Rainmaker
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Gina Tufano

Ask Gina & Company, Northern Virginia Real Estate
Can I just search for my dream home?
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