Real estate agents are licensed professionals who arrange real estate transactions, putting buyers and sellers together and acting as their representatives in negotiations. Real estate agents usually are compensated completely by a commission—a percentage of the property's purchase price, so their income depends on their ability to get a deal closed.

Buying a home is still considered a key aspect of the American dream. As a first-time buyer, you have access to state programs, tax breaks, and federally backed loans if you don't have the usual minimum down payment—ideally 20% of the purchase price for a conventional loan—or you're a member of a certain group (see the Important callout, below). And you may qualify as a first-time buyer even if you're not a novice.

Traditionally, an agent is paid a commission that is a percentage of the property’s sale price. The more the house sells for, the more money an agent makes. However, with online listings allowing consumers to do much of the shopping on their own without help from an agent, the traditional payment structure is changing.

Some brokerages charge a lower commission for more expensive houses, and some handle the entire transaction for a flat fee that’s much less than a regular commission. Other companies offer a fee-for-service pricing structure that lets sellers pay only for certain parts of the sale process, such as adding the property to a multiple listing service (MLS).

A realtor is a member of the National Association of REALTORS® (NAR), a trade association. Both agents and brokers can be realtors, along with property managers, appraisers, and other real estate industry professionals. Realtors are expected to be experts in their field and must follow the NAR's code of ethics, which requires agents to uphold specific duties to clients and customers, to the public, and to other realtors. In addition to NAR, realtors must belong to a state or local real estate association or board.

All realtors are real estate agents or brokers (or something related), but not all agents or brokers are realtors, in other words. As of June 2020, the organization reported that it had 1.4 million members. Roughly 2/3's of members held real estate agent's licenses.

Two Home Family Compound. 1802 Cottage - 2 Bedrooms, 1 Bath. Ranch - 3 Bedroom, 2 Baths. Extensive Stone Walls. Pond. Small Detached Garage. 44 Wooded...

This Single-Family Home is located at 11 Lincoln Dr, Hillsdale, NY sold for $255,000 on May 11, 2018. 11 Lincoln Dr has 3 beds, 2 baths and approximat...

Oversized ranch on a very large level lot, 5.20 acres 3 Bedrooms 4 baths, attached 2 car garage. Open Kitchen with island, lots of natural light. All ...

Real estate agents are licensed professionals who arrange real estate transactions, putting buyers and sellers together and acting as their representatives in negotiations. Real estate agents usually are compensated completely by a commission—a percentage of the property's purchase price, so their income depends on their ability to get a deal closed.

The Roe Jan is a 64,627 square foot solid architecturally impressive former regional High School erected in the then preferred Colonial Style in 1932....

Beautiful Lake cottage with great income potential. Completely remodeled with 2 bedrooms and 2 full baths on Copake Lake with private water frontage a...

Fabulous Contemporary with views looking south towards Catamount mountain. 5,000 SQ FT of easy living. High end kitchen,clear story living room with f...

This historical 1860 architectural masterpiece in its storybook setting truly feels as if you have stepped back into a bygone era. On a beautiful coun...

Nestled at the base of Catamount Ski Area sits this spacious 8 bedroom, 8 1/2 bath home--plenty of room for family friends! The main home has 4 bedroo...

1800's, neat old home on 5 acres. Wide board floors, old style kitchen Charm. nice home wonderful country setting Lot of road frontage for extra off s...

Buying a home is still considered a key aspect of the American dream. As a first-time buyer, you have access to state programs, tax breaks, and federally backed loans if you don't have the usual minimum down payment—ideally 20% of the purchase price for a conventional loan—or you're a member of a certain group (see the Important callout, below). And you may qualify as a first-time buyer even if you're not a novice.

Beautifully sited on 57 acres in North Egremont MA, this completely renovated Cape style home was originally built in the early 1900s. Peaceful and pr...

Wow what an amazing setting on 10 acres sits this mid century ranch with hardwood floors, fireplace, full basement, detached garage and a delightful g...

interior inspections are not allowed however buyer can do a drive by of the home or exterior inspection. All Offers must be submitted through hubzu.co...

Traditionally, an agent is paid a commission that is a percentage of the property’s sale price. The more the house sells for, the more money an agent makes. However, with online listings allowing consumers to do much of the shopping on their own without help from an agent, the traditional payment structure is changing.

Some brokerages charge a lower commission for more expensive houses, and some handle the entire transaction for a flat fee that’s much less than a regular commission. Other companies offer a fee-for-service pricing structure that lets sellers pay only for certain parts of the sale process, such as adding the property to a multiple listing service (MLS).

Three parcels being sold as one unit. Tax map 114.-1-6.1 (farmland) and 113.-1-48 (private lake/woods) for a total of 78 acres. Farm house is occupied...

Breezy Hill Farm: The far-reaching western views of the Copake valley the Catskills from this 36-acre mini-estate are unrivalled, nothing short of stu...

Easy going, newly renovated single story living on a quiet country road in the heart of Hillsdale. This light filled mid century modern home features ...

A realtor is a member of the National Association of REALTORS® (NAR), a trade association. Both agents and brokers can be realtors, along with property managers, appraisers, and other real estate industry professionals. Realtors are expected to be experts in their field and must follow the NAR's code of ethics, which requires agents to uphold specific duties to clients and customers, to the public, and to other realtors. In addition to NAR, realtors must belong to a state or local real estate association or board.

All realtors are real estate agents or brokers (or something related), but not all agents or brokers are realtors, in other words. As of June 2020, the organization reported that it had 1.4 million members. Roughly 2/3's of members held real estate agent's licenses.

Over 4400 square feet of living space perfect for a large family or a place to have mom and dad stay while they are here for the summer. This 2 family...

1800 Farm house restored to something beautiful! House has been reconfigured, with new kitchen, laundry room, and main floor bath. Upstairs are two be...

This magnificent waterfront retreat located on a private island on Copake Lake, Columbia County, is the setting for a beautiful 4 bedroom redwood and ...

If you've ever dreamt of converting a grand Post Beam barn into your home, it is done and waiting for you. An artist/architect found one in 1998, dism...

For sale by owner or FSBO is a term that refers to a specific method of selling a property. In an FSBO listing, the owner sells the property without the use of an agent or a broker. Sellers typically choose to sell their home on their own to avoid paying the real estate agent the commission for the transaction.