If You’re Buying or Selling Charlotte Real Estate, You’ll Want to Know What’s In a Title
Whether you’re planning to buy or sell Charlotte real estate, you’re going to need help from a licensed professional. So which is right for you — a REALTOR®, real estate agent or broker? Many Charlotte home buyers and sellers don’t realize that there’s a huge difference between the three thus, they use the titles interchangeably.
While these three titles are similar, they are certainly not the same. Depending upon your knowledge of the real estate industry and the complexity of your transaction, you’ll want a professional with complementary education, expertise and experience. Here’s a little help with setting your terms straight and pick the right professional when it comes to you buying or selling Charlotte real estate.
Real Estate Agent
A real estate agent is someone who is licensed to sell real estate. They must be employed by a broker and cannot work independently. They are a good choice if you know how the real estate process works and have a fairly straightforward sale or purchase.
A real estate broker has completed more education than an agent, which entitles them to open their own brokerage firm and employ real estate agents. A broker has a better working knowledge of real estate law and may be the right choice if you are dealing with a property that calls for more complicated paperwork and legal red tape.
REALTORS® are real estate agents and brokers that belong to the National Association of REALTORS®. REALTORS® must adhere to a 17-article code of ethics. They are also required to keep up-to-date with industry changes by completing continuing education requirements every four years nationally and in North Carolina, each year.
I hope this helps you to better understand the credentials of those with whom you interview so that you may interview them accordingly. This is key in helping you determine which professional suits your Charlotte real estate buying or selling needs.
If you’re interested in learning more about the Charlotte real estate market, give me a call or email me today.