Using a REALTOR or FSBO

Today I was put to the test.  My oldest daughter and her new husband plan to sell their current home and buy a larger home.  Not wanting to be an interfering mother I could have kept totally out of it.  But no!  That wouldn’t be right since I have professional knowledge to share.  I enjoyed explaining the difference between buyer and seller representation and explained what a REALTOR will do for them.

Seller’s representative (also known as a listing agent or seller’s agent). A seller’s representative is hired by and represents the best interests of the seller. The relationship usually is created by a listing contract.

Buyer’s representative (also known as a buyer’s agent). This type of licensee is hired by prospective buyers to represent them in a real estate transaction. The buyer’s rep works in the buyers’ best interest throughout the transaction. The buyers can pay the licensee directly through a negotiated fee, or the buyers’ rep may be paid by the seller or by a commission split with the listing broker.

Most of us buy/sell only a few homes during our lifetime.  How can we know all the important things a professional learns through study and experience?  I’m happy I can share what I’ve learned with my daughter and others!  Paying professionals to represent us is money saved in the long run.

Jyl Duffy

About Jyl Duffy

I love being a REALTOR and Office Administrator for Johnson Home and Land. There's no place like home here in Wyoming. This is home even though I enjoyed living in Wisconsin, Minnesota and North Carolina previously. With my husband, Dave, when we're not busy working we enjoy our Christian activities and being out of doors fly fishing, camping, golfing or snow shoeing. Wyoming is the best place to be for our active outdoor lifestyle.
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