Working with a REALTOR®
“The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.”
Deciding to work with a REALTOR® can feel like a big decision in itself. There are those out there that understand the industry and have a network of potential buyers or sellers already lined up so they would rather navigate the process on their own. That’s okay.
For most however, buying or selling a property can be a tall task: from deciding on an asking price to making sure all of the proper paperwork has been filled out and everything in between.
For Sellers this can be: marketing the property, staging the home, ensuring all potential issues with the property are addressed in the right way, and more. For Buyers: understanding a neighbourhood, recognizing what to look for physically in a structure, knowing what to ask for and for what price, and so on.
For more information and details about working with a registered real estate professional, please visit RECO’s website. Here you will find valuable resources and explanations about how real estate professionals are governed in Ontario, insurance coverage, and more.
Why work with a REALTOR®?
The knowledge of the industry and local real estate market.
They have access to a number of resources through the real estate boards and networks that they’re a part of, allowing them to stay up to date with current market trends and information. Real Estate registrants are also living it. They deal in the buying and selling of property every single day of their careers, building their experience and proficiency in the market.
Their knowledge about the real estate process.
The sale of real property takes place in the form of a contract that REALTOR® Members understand. They offer valuable insight as to the various situations that can arise and the clauses that should be included in any offer to address these circumstances. They manage the paperwork throughout the entire process so that you don’t have to.
Consumer deposit insurance.
All registered real estate professionals are required to be insured through the insurance program administered by RECO. This coverage protects your deposit at no cost to you.
Access to the Multiple Listing Service® / MLS®.
MLS® Systems are cooperative selling systems operated by real estate Boards and Associations in Canada. They are accessible to REALTOR® Members of those Boards and Associations who have agreed to represent your interests and share remuneration from the transaction with a cooperating REALTOR® Member. MLS® Systems contain detailed information and numerous search tools, all designed to match people with the properties that fit their exact requirements. (Definition provided by Realtor.ca)
The system allows a REALTOR® to list a property, with up to date information, to share with all other registered Real Estate Salespeople and Brokers who are representing their own sellers and buyers. It ensures that listings are seen in real time by all buyers in the area that are working with a Realtor®.
Access to that real estate professional’s network.
Whether someone is looking to buy or sell, they can be assured that through the REALTOR® member’s network, they are operating within a larger playing field in the real estate market.