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.

Great location and potential with some tlc in this 1400 sq ft plus beautiful brick bungalow with full bath upstairs. Full finished basement. 2 car gar...

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This property is no longer available to rent or buy. This description is from March 24, 2018 Hurry up before it''s too late. Excellent house for a hug...

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.

This Single-Family Home is located at 5154 Ternes St, Dearborn, MI sold for 88,325 on Jun 06, 2018. 5154 Ternes St has 3 beds, 1.5 baths and approxima...

Beautiful home on a gorgeous street! Many unique features, absolute must see- you'll love this one! Almost 1900 sq ft oakman blvd. Between ford and wa...

WOW!!! SUPER CLEAN REMODELED 3 BEDROOM AND 3 FULL BATHS. HOME FEATURES A REMODELED KITCHEN WITH GRANITE COUNTER TOP THAT'S OPEN TO A COZY FAMILY ROOM ...

Great location across the street from Woodworth School. Wonderful, covered front porch. Concrete and steps in good shape! This handsome 1926 Bungalow ...

Must see 4 bedroom, 3 full bathroom, 2 kitchen, finish basement with kitchen and full bathroom, natural firer place, two car garage, property sold as ...

Three bedroom brick home/aviation sub/east dearborn/ almost 1400 sqfeet/two car garage/ huge living room/dining room/ kitchen with breakfast nook/firs...

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.

**BRING ALL OFFERS. SELLER VERY MOTIVATED.** Beautiful Colonial in a prime area in east dearborn on a HUGE lot. Very clean and well taken care of. 2 c...

Wool to wool comfort tree bedroom ranch in great dearborn location living room dining room kitchen and full bath full basement and 2 car garage drivew...

TOWNHOUSE/Duplex/OTHER 7560-70 ESPER BEAUITFUL HOUSE, GREAT LOCATION, GREAT INVESTMENT MUST SEE! C OF O READY! TENANTS OCCUPY NEED 24 HOUR NOTICE TO S...

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).

Built in 1993 over 2,000 sq ft 4 bedroom 2 full bath and 2 half bath home w/ a family room, great location near ford rd greenfield, huge master bedroo...

WONDERFUL AND CLEAN HOME IN THE DEARBORN COMMUNITY, TWO BEDROOMS, AND FULL BATHROOMS WITH PLENTY OF UPDATES. LARGE CLEAN ATTIC WHICH CAN BE USED FOR S...

****clean 5 bedroom 3 bath bungalow with 1 car detached garage! Finished basement with kitchen! Updated entry level kitchen! Spacious master bedroom! ...

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.

Excellent location for this well maintained home ,walking to shopping and schools ,3bedrooms ,updated kitchen,flooring and much more ,nice newly built...

Super sharp 3 bedroom home, large finished basement with family room area, new kitchen 2018 with granite counters stainless steel appliances, 2 new fu...

Priced to sell bungalow. Would make a great starter home or investment property. This home just needs some tlc. Upstairs is unfinished. This home is s...

****very clean, brick, 3 bed 1. 5 bath colonial! Finished basement! Almost 1300 sqft! 2 car detached garage, entry through alley! Prcied to sell! Sell...

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.