What is listing agent

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While we strive to provide a wide range offers, Bankrate does not include information about every financial or credit product or service. Listing agents help you market and sell your home, while selling agent s help you find and buy one. And while their titles might sound similar, their roles in the transaction are quite different.

A listing agent represents the seller in a real estate sale. Their job is to set a competitive price for the home and then bring in potential buyers to see it.

They have the most current and detailed information on the sales of comparable properties in your neighborhood, which allows them to price your home competitively. What is a listing agent? A listing agent is in charge of the following tasks: Listing the home on listing services Negotiating with potential buyers about prices, contingencies, and conditions Scheduling, promoting, and managing home showings Pricing the home Advertising the home Assisting with closing paperwork But house hunters, listen up!

How is a listing agent compensated? What is a selling agent? Selling agents take care of: Finding potential properties and showing them to buyers Helping buyers find financing Assisting with closing paperwork Making sure buyers are paying a fair price for the home How is a selling agent compensated? Can an agent take on both roles? The bottom line: listing agent vs.

Jacqueline DeMarco is a freelance writer based in Southern California that works on editorial, copywriting, and content marketing projects. John, Bankrate, The Everygirl, and many more. Read full author bio. Learn More. Thank you! Your submission has been received! More from Orchard Get a Home Valuation. Because this process requires both types of agents to profit off of a single transaction, it is referred to as a co-op commission. For a property transaction to go smoothly, both a listing agent and a selling agent are required.

They act as mediators between the seller and the buyer to ensure both parties are happy after the transaction has been completed. Although the agents may work for separate real estate firms, they must work together to ensure both the buyer and the seller benefits from the sale.

On average, an agent spends nine hours working on a real estate case behind the scenes for every one hour spent with the client. In some cases, a single agent may assist both the Buyer and Seller in a transaction; in Colorado, this is called a Transaction Broker. In most cases, the real estate firm employs both types of agents to allow the company to help in multiple ways. This allows property owners looking to sell their current property and purchase a new one to work with a single firm to buy and sell.

Whether you are looking for a listing agent, selling agent, or both, Unique Properties can provide you with a realtor that can meet your individual needs. Our agents are experts in marketing properties, so they sell quickly and have a breadth of knowledge and experience sourcing properties for Buyers.

Contact us today to discuss your needs and let us help you complete a property transaction quickly and efficiently. Your Name required. Your Email required. Your Phone.