How to Choose a REALTOR®

Found 9 blog entries about How to Choose a REALTOR®.

Realtors! Your New Mexico Home Search.com account is FREE - all you need to do is claim your profile. To access your account, you will need to enter your Association identifier and your MLS ID or Username. 

Depending on your MLS, your login credentials will either be your MLS ID Number or your MLS username. 

See your Association Identifier below

 

                   Association                                                        Identifier

Greater Albuquerque Assoc. of Realtors:                    gaar.

Las Cruces Assoc. of Realtors:                                        snmmls.

San Juan County Board of Realtors:                             sjcbr.

Taos County Assoc. of Realtors:                                    tcar.

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Whether you’re buying or selling, it’s important to choose representation that meets your needs in the transaction.

You have choices when selecting representation in a real estate transaction. Here are five tips for understanding which type of legal relationship with a real estate professional, called an agency relationship, will best protect you when you buy or sell a home.

1. Buyer’s Agency

When you’re buying a home, you can hire an agent who represents only you, called an exclusive buyer’s representative or agent. A buyer’s agent works in your best interest and owes you a fiduciary duty. You can pay your buyer’s agent yourself, or ask the seller, or the seller’s agent, to pay your agent a share of their sales commission.

If you’re selling

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We Mean Business

ICEA, along with conference co-sponsors, the America China Civic Exchange , the City of Albuquerque, Office of Economic Development and investUS LLC have created an opportunity for delegates to connect, share and learn together to create mutually beneficial, trusted business relationships that result in long-term business joint ventures, cross-border partnerships and investment funds for the benefit of growing the New Mexico economy and creating private sector jobs for the state.

ICEA is a nonprofit organization that focuses on empowering Chinese entrepreneurs around the world with leadership and management skills through the practical interaction of networking and communications, and providing a platform for

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Arun Gandhi presentation

Last week, over 150 joined the Greater Albuquerque Association of REALTORS® at the KiMo Theatre for our first public REinvent Speaker Series..."Become the Change" with Arun Gandhi.

With humor and humility, the soft-spoken Arun Gandhi shared his personal stories and valuable lessons learned from his grandfather, the legendary Mahatma Gandhi. 

Mr. Gandhi explained how living with his grandfather in his early years influenced his life. After Mahatma’s assassination, Arun also shared how he was inspiArun Gandhi book signingred follow in his grandfather’s footsteps, sharing his message of peace, nonviolence and respect.

With the underlying message that we all contribute directly or indirectly to the violence we see in the world, Mr. Gandhi explained how we each have the

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Young man making it rain money

By Heidi Sergel, Greater Albuquerque Association of REALTORS®

1. #debtfree

Avoid student loans. You can become a REALTOR® for under $3,000.

 Business people crossing the finish line

2. Fast track your career

Start your career in a few months instead of a few years. 

 Young professional with bowtie and tattoos

3. Be yourself

Enough said. 

4.  Hard work pays off

You don’t have to wait for a promotion.

 

5. Help make a difference in your community

Local REALTORS® have had a hand in building our community since 1921.

If you are interested in learning more about becoming a REALTOR®, check out the related links below.

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A "Listing Agent" and "Buyer Agent"

When you you see a house you like on NewMexicoHomeSearch.com and contact the REALTOR® on that listing or yard sign, you need to know you are contacting the representative for the seller – commonly referred to as the “listing agent.”

Sellers and their REALTOR® (the “listing agent”) have a written contractual agreement outlining their relationship. It’s called the Exclusive Listing Agreement. It outlines the REALTOR®’s role as the listing agent, how they will market the property, the commission and the terms of the listing.

A REALTOR® working as the “Listing Agent” represents the Seller

In short, the REALTOR® acting as the “listing agent” has a legal obligation to work on the seller’s behalf. Their job is to get the highest possible price and

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Group of business people in a line

Seller's representative (also known as a listing agent or seller's agent)

the REALTOR® hired by and represents the seller. All fiduciary duties are owed to the seller, meaning this person’s job is to get the best price and terms for the seller. The agency relationship usually is created by a signed listing contract.

Buyer's representative (also known as a buyer’s agent)

REALTOR® hired by prospective buyers to and works in the buyer's best interest throughout the transaction. The buyer can pay the agent directly through a negotiated fee, or the buyer's rep may be paid by the seller or through a commission split with the seller’s agent.

Associate Broker

is a real estate professional licensed by the New Mexico Real Estate Commission

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Two business people meeting with tablet

How long have you been in residential real estate sales? Is it your full-time job?

Like most professions, experience is no guarantee of skill. But much of real estate is learned on the job.

How many homes did you and your real estate brokerage sell last year?

This will touch on how much experience they have, and how up-to-date they are on the local market.

What designations or certifications do you hold?

Real estate professionals have to take additional specialized training in order to obtain these distinctions. Designations and certifications help define the special skills that an agent can apply to your particular real estate needs. One designation sellers might for is the CRS®, or Certified Residential Specialist, but there are also

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Group stands outside home for sale

How long have you been in residential real estate? Is it your full-time job?

Like most professions, experience is no guarantee of skill. But much of real estate is learned on the job.

Do you have any designations or certifications?

Real estate professionals have to take additional specialized training in order to obtain these distinctions. Designations and certifications help define the special skills that an agent can apply to your particular real estate needs. One designation buyers should look for is the ABR®, or Accredited Buyer’s Representative.

What’s your business philosophy?

While there’s no right answer to this question, the response will help you assess what’s important to the agent and determine how closely the agent’s goals

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