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Real Estate 101

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Real Estate 101

By guidryandco | Uncategorized | Comments are Closed | 6 November, 2024 | 0

REALTORS® are facilitators, negotiators and professionals in the field of real estate. REALTORS® are licensed Louisiana Real Estate Agents that have chosen to become a member of the National Association of REALTORS®. REALTORS® adhere to a professional code of ethics that is a formal guide in best practices. A REALTORS® first order of business is to put the client and the general public’s interest ahead of their own interest. REALTORS® are trained by their real estate Broker that supervises their work. The Supervising Broker has a higher level of education and experience. A REALTORS® job is to take any guess work out of your transaction and guide you in the right direction straight to the closing table. Your REALTOR® is waiting for your call to get started helping you achieve your real estate dreams.
With all the technology out there, why should a buyer or seller need a REALTOR®?
A REALTOR® is trained in every aspect of the real estate transaction and can interpret the technological jargon into everyday language. Your REALTOR® can explain where the numbers come from and why they are important. Having your REALTOR® by your side to decipher the legal jargon can be the difference in whether you save money, make money or lose money.
Who represents who?
REALTORS® can represent a buyer and REALTORS® can represent a Seller. But at the same time a REALTOR® can represent both parties in a transaction creating a Dual Agency relationship. For the seasoned professional REALTOR® this is normal course of business. In a Dual Agency relationship, the REALTOR® is trained to keep everyone on the same page providing for a smooth transaction.
A property that is “Listed” for sale is represented by a Listing Agent, which is the REALTOR® that the Seller chose to represent them. If a Buyer wants to enter into a Dual Agency relationship, they would call the number on the sign on the property and reach the REALTOR® that the Seller chose. If the buyer wishes for that agent to represent them as well, that REALTOR® would become the Dual Agent in this transaction.
On the otherhand, a Buyer can also seek out the REALTOR® that they wish to work with as their first step. The REALTOR® will represent the Buyer to find their dream property.
Why not offer your property FSBO (For Sale by Owner) and cut out the REALTORS® all together?
When an unrepresented buyer approaches a For Sale by Owner, they are taking a risk that the Seller will not follow normal protocol during the sales process. Without the proper paperwork, a buyer is risking many aspects and could potentially lose money, waist time and end up missing the opportunity to buy the house or property. In real estate, if it is not in writing, it does not count. Having a REALTOR® protects you by following the normal protocols which will most likely end up saving you money in the long run.
At Guidry & Co. Real Estate, our professional REALTORS® are trained to represent you just like it was a deal that was their own. Locals supporting locals. With 40 years of real estate success, Guidry & Co. Real Estate is here for you. Give us a call today, we make buying and selling real estate easy!

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    GUIDRY & CO. REAL ESTATE, Lafayette, LA. All offices are independently owned and operated. The data relating to real estate for sale on this web site comes in part from the IDX Program of the Realtor® Association of Acadiana; MLS Real Estate listings held by brokerage firms other than GUIDRY & CO. REAL ESTATE are marked with the MLS approved icon for IDX. “Information Deemed Reliable But Not Guaranteed”. Copyright 2016 REALTOR® Association of Acadiana, All rights reserved.

    Licensed & Regulated in the jurisdiction of the Louisiana Real Estate Commission, Members of the National Association of Realtors®, Louisiana Realtors®, Realtor® Association of Acadiana, Multiple Listing Service (MLS), Louisiana Commercial (www.lacdb.com), The Realtor® Commercial Alliance, Equal Housing Opportunity.

    • Home
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    • Buyers
      • Looking to Buy?
      • Featured Listings
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      • COMMERCIAL LISTINGS: Business Opportunity, Industrial, Office, Restaurant/Lounge, Shopping Center, Hotel/Motel, Medical/Dental or Retail
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      • Buyers Guidebook
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      • Why Choose Us
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      • Why Choose Us
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