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.