Your real estate team
who does what
“Alone we can do so little; together we can do so much.”
- Helen Keller
A licensed real estate agent represents Buyers and Sellers during real estate transactions.
“Listing Agent”: The Realtor representing the SELLER. They “list” the home for sale.
“Selling Agent: The Realtor representing the BUYER. They help search for homes and present offers.
*Typically commission for both Agents is paid by the Seller when the property sells.
A professional who helps you secure financing (a mortgage loan) to buy a property. They may work at a bank, credit union, or other financing entity.
“Lender”: A lender works for a financial institution that ‘loans’ you money.
"Mortgage Broker": A broker finds you a loan by shopping at many different places.
*You can shop around for the best interest rates and loan terms.
A third party person who remains neutral during the process.
They will hold/transfer all of the money and prepare all of the closing documents according to the agreement between Buyer & Seller as well as the Lender’s instructions. If anything goes wrong, they won’t pay out any money until both sides come to an agreement or legal action is taken.
*This is who you contact to sign your final documents with.