When you engage a Realtor to get your home sold, it is a special relationship.
Selling a house is a very difficult job. You want to sell your home as quickly as possible and at its full value. You must also be aware of state and federal laws and how they affect your sale.
This involves a lot of specialized skills and knowledge, as well as time, effort, and patience. That is why most people turn to a Real Estate Agent for help.
When you sell your home, June Ahn will work for you as a client. You sign a contract with her, called a listing contract. June then works for you and receives an agreed commission when the house is sold.
In a seller/client relationship, the agent guides you throughout the real estate transaction, providing information on such issues as pricing your home, which purchase offers are fair, and how to structure a purchase contract to your advantage. It is the business of the Real Estate Agent to help you sell your home with minimum delay and to help you realize every dollar it is worth.
You are always the person in control of the process. You will decide if you want to accept an offer, or decline it, whether to negotiate or walk away. Your listing contract describes a fiduciary relationship between you and June. It is her job to serve you at the highest level.
Although the June works for you and owes you additional services, she must also treat any buyers customers fairly. The buyer is generally the customer. There is generally no contract between the buyer and their Real Estate Agent.
Today, however, many home buyers use a buyer's agent, a specialized Real Estate Agent who is the home buyer's client and works for the interests of the buyer.
This makes it even more important for you to have an proven expert on your side looking out for your best interests.