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. While it’s certainly possible to sell a house yourself, working with a listing agent gives you access to their knowledge of the local housing market. 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.
Once you’ve set a price, listing agents actively market the property. They’ll help stage and style the home to present it in its best light, and even will hire professional photographers to take high quality pictures of your home looking its best. Listing agents not only show the home and hold open houses, but they help evaluate potential buyers to, ensuring that you, their client, receive only serious offers.
When an offer is received, the listing agent walks the seller through the negotiations, helping handle any paperwork and ultimately closing on the sale. For those services, listing agents typically charge around a 6 percent commission on the sale price, which is typically shared with the selling agent.
A selling agent represents the buyer in a home sale. That might sound confusing, but there’s logic behind that terminology. Prior to a contract being signed, the agent representing the buyer is often called the buyer’s agent. After the two parties agree to terms and the house is under contract, the buyer’s agent is then referred to as a selling agent.
What does a selling agent do for a buyer?
Helps buyers find financing:
Selling agents can connect buyers with credible lenders before they ever step foot in a prospective property.
Discovers new properties:
Using our comprehensive catalog, selling agents are able to pick out the properties most suitable for their clients and expedite their house hunting journey.
Coordinates and guides property showings:
This is the most visible role a selling agent plays: walking their clients through the prospective properties they’ve selected for them.
Ensures properties are up to par:
Selling agents have the same in-depth knowledge of the housing market as their listing counterparts, and understand whether a property has been fairly priced and how it can be expected to increase —or decrease — in value over time.
Negotiates offers on behalf of the buyer:
The selling agent acts as an objective legal representative for the buyer, and is responsible for presenting offers and counter-offers to the seller.
Helps with paperwork and closing:
Buying a home is a complicated process. It involves a huge amount of paperwork, disclosures, and legal documentation. Agents have extensive experience with paperwork, contingencies, and the other legal ins and outs of the home buying process.
These services are typically paid for out of the commission paid by the people selling the home.
This is a service that we offer to special clients as needed. Including finding renters, collecting rent, and arranging repairs.
STATE OF CALIFORNIA
DEPARTMENT OF REAL ESTATE LICENSE ID 02077888
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1814914 (Click here to check the status of the MLO License Endorsement.)
Check out this stunning 3 bedroom/2 bathroom property in Bixby Knolls! Recently remodeled and large back yard with room to grow your family or your garden. This is the perfect home for anyone that loves the Long Beach area.
Large 2 bedroom in a quiet garden-like Country Club Villas. Located in the Los Cerritos Section of Bixby Knolls and adjacent to the Virginia Country Club neighborhood.
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