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.

This is a terrific home at a great price and the features are many and there is a bright sunroom which is not shown in the county assessment. Enjoy th...

MODEL HOME FOR SALE! Buy this beautiful Columbia model today and close in time for Christmas! Spacious home features 4 Bedrooms, 2.5 Bathrooms, and co...

Front of development 1 1/2-year-old townhouse in The Reserve at Williamsburg is just steps from Central Park, clubhouse and pool. If you liked the Cal...

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.

Cape sophistication and coastal charm on this waterfront beauty. Personal home of builder/architect, John Lisa Sawin. All new, interior design transfo...

You need to see it to believe it! Sitting on two acres in Williamsburg this home has too many features to list. From the luxurious in ground swimming ...

This property is no longer available to rent or buy. This description is from September 21, 2017 River front! Sited in the charming New England inspir...

One of Richmonds most recognized homes exudes luxury and style. Every inch of this home has been touched. Designed by Albert F. Huntt and selected for...

Great opportunity to own in popular Middletown Farms! This almost 1,800 square feet home offers 4 bedrooms 2 full baths. Interior photos are coming on...

Southern Charm! You will enjoy the multitude of outdoor living spaces this home has to offer. Enjoy your deep set porch that awaits your rocking chair...

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.

Welcome to The Island at Landfall Jamestown, surrounded by the historic Powhatan Creek, enjoy tranquil views of the marsh and creek, with abundant wil...

This listing is NOT a foreclosure. This home is being offered by owner at BELOW recent appraised value! Please contact owner direct at (757 784-8793 t...

Unique Highland Park home with full basement. Potential for two separate living units. Each with 2 bedrooms, 1 bath and kitchen and fireplace. No func...

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).

Spectacular building lot surrounded by stately homes. Nearly an acre in beautiful Kingsmill ready for your dream home. Purchaser eligible for discount...

New construction in the Vineyards . One of the last remaining lots. Another opportunity to own this spectacular home with over 3800sf. Kitchen that lo...

Location, location. Stunning 3 mile view of the James and Chickahominy rivers in prestigious Governors Land. Walkway to Country Club, pool, tennis, gy...

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.

Location, location, location! A rare opportunity own this beautifully appointed home with over 6,000 sq.ft., 6 bedrooms 7 baths right in the heart of ...

Extremely well maintained Cape Cod located in sought after First Colony. This home is a true gem nestled on over a half of an acre just across the str...

Don't miss this immaculate, transitional-style home! Newly painted exterior and replaced siding trim! This home features 4 bedrooms, 2.5 baths, loft a...

Owner/Agent. Beautiful remodeled 2726 sqft, two story transitional style brick home. Everett Model built in 2007. Features an open floor plan kitchen ...

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.