What is a Realtor?

Not all real estate licensees are REALTORS®. A REALTOR® is a real estate professional who is a member of the Virginia Peninsula Association of REALTORS®, the Virginia Association of REALTORS® and the National Association of REALTORS®. REALTORS® subscribe to a strict Code of Ethics and pledge to treat all parties to the transaction honestly.

By working with a REALTOR®, you can ensure that your transaction will be handled professionally, from start to finish.

When selling real estate, your REALTOR® will:

Provide you with information on current real estate values and help you set a realistic, competitive price for your property.
Recommend repairs or cosmetic work that will significantly enhance the marketability of your property.
Calculate the net proceeds you can expect from the sale of your property.
Provide maximum exposure through the REIN Multiple Listing Service, which reaches over 5000 members, providing the quickest exposure to the maximum number of buyers.
Free you from the problems associated with showing your property by handling phone inquiries, appointments and showings.
Pre-qualify prospects so that your property is shown only to serious, qualified buyers.
Objectively present all offers and counter-offers and assist you in analyzing all offers to ensure that you get the best price and terms possible.
Advise on negotiating factors such as price, financing, terms, date of possession and often the inclusion or exclusion of repairs and furnishings.
Coordinate the various inspections, disclosures, forms and warranties that sellers are required by law to furnish to buyers.
Prepare you for the closing procedures.

When buying real estate, your REALTOR® will:

Determine how much property you can afford, plus provide you with information on financing options.
Access the REIN Multiple Listing Service to search a database of over 9,000 active property listings.
Objectively show you properties.
Supply information on real estate values, taxes, utilities costs, schools and other community services that could affect your decision to buy.
Evaluate the prospective property in terms of resale value.
Assist you in drawing up a detailed contract, spelling out the terms and conditions of your offer.
Advise on negotiating factors such as price, financing terms, date of possession and often the inclusion or exclusion of repairs and furnishings.
Coordinate the various inspections, disclosures, forms and warranties that sellers are required by law to furnish to buyers.
Prepare you for the closing procedures.