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Is it better to work with a broker or agent?

Is it better to work with someone that is a broker? What advantage would they have? Or is an agent better? What's the difference between and agent and a broker?
Asked By Jeremiah | Phoenix, AZ | 699 views | Working With An Agent | 1 year ago
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Novice
1 Answer
Claudette Rolling

Compass Realty

(29)

Yes it is better to work with a broker , because we have extension knowledge of the market and connections within the community.
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Rising Star
19 Answers
Tammi Nicholas

Epic Real Estate

(1)

Either one can be a great fit! Just make sure you meet with them and they are in tune with your wants & needs and have the time on their plate to deal with your transaction.

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Rising Star
15 Answers
Bob Fall

Century 21 Lee-Mac Realty

An agent is a fiduciary of the broker and their brokerage. So technically you are always working with the broker even if you are working with one of their agents. The broker is acting on your behalf to the extent that you have agreed to regarding real estate transactions.
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Pro
123 Answers
Chris Yochum

Dickson Realty

(19)

Both an agent or a broker are fine. The title of Broker often means more knowledge or experience though not always. You will want to talk with a couple and determine which is better suited to provide you an good experience and knowledgeable about the market you are in.
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Rising Star
23 Answers
Adrian Tridel

Adrian Edwards

(33)

When it comes to selling your home, you have two options: working with a real estate agent or hiring a broker. While both can help you sell your property, working with a broker has a number of advantages over working with just an agent. Firstly, brokers are licensed professionals who have passed a more rigorous licensing exam than agents. They also have more education and experience in the real estate industry. This means they have a more thorough understanding of the market and can offer better advice to help you sell your home quickly and for the best price. Secondly, brokers have access to a wider network of potential buyers than agents. Brokers typically work for larger real estate firms and have connections with other brokers and agents across the country. This means they can market your property to a larger audience, increasing the likelihood of finding a qualified buyer quickly. Thirdly, brokers can offer more comprehensive services than agents. They often have a team of professionals working with them, including appraisers, inspectors, and attorneys. This means they can handle all aspects of the sale, from pricing your home to negotiating the contract and closing the deal. Overall, working with a broker can save you time and money, and help you sell your home faster and for the best price. While an agent may be able to help you sell your home, a broker offers more expertise, resources, and services to ensure a successful sale.
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Rising Star
11 Answers
Michelle Hatfield

EXIT Royal Realty

In the context of business, the terms "broker" and "agent" are often used interchangeably, but there are some differences between them. Generally speaking, a broker is someone who acts as an intermediary between parties, while an agent is someone who represents one party in a transaction. Technically speaking, the agent is a representative of the broker so in certain aspects you are always working with a broker. When it comes to working with a broker or agent, it depends on what kind of service you need. A broker can provide a wider range of services and may have more resources at their disposal, but they may also charge higher fees. An agent, on the other hand, may be more focused on a specific market or area and may be able to offer more personalized service. In terms of advantages, working with a broker can offer several benefits, such as: Access to a larger network: Brokers typically have a larger network of contacts, which can help you find the right product or service. Specialized expertise: Brokers often have specialized knowledge and experience in a particular industry or market, which can be invaluable in helping you make informed decisions. Time savings: Brokers can save you time by doing the research and legwork for you, leaving you free to focus on other aspects of your business. Ultimately, whether you choose to work with a broker or agent depends on your specific needs and preferences. You may want to consider the level of service, expertise, and cost before making a decision.

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