Your home is probably the biggest financial investment you have ever made. When you are selling it, you naturally want the right buyer and the best possible price. A real estate professional can help you market your home and can help you make the right decisions about selling it.
Choosing a REALTOR® to market your home is a smart choice. A REALTOR® is a member of a local real estate board and/or the Manitoba Real Estate Association and the Canadian Real Estate Association. More importantly to you, a REALTOR® has access to the Multiple Listing Service (MLS®) and, further, is bound to adhere to a strictly enforced Code of Ethics and Standards of Business Practice. This means you can be assured of professional and ethical conduct from the salesperson or broker you choose.
When you sign a listing agreement with a REALTOR® to sell your house, that REALTOR® becomes your agent for the purpose of selling your home. There are a number of responsibilities that a REALTOR® takes on when he or she becomes your agent: he or she must protect your interests at all times; must abide by your lawful instructions, must pass on to you all information that comes to his or her attention that may affect the sale of your property; and must keep your affairs confidential.
If you have signed a Multiple Listing Agreement, every other broker and salesperson subscribing to the MLS® becomes a sub-agent of your broker. Sub-agents have the same responsibilities to you as your own salesperson and broker: loyalty, confidentiality and working in your best interests. In return for being a sub-agent, he or she will be paid a commission by the listing broker from the commission you pay to your broker.
The MLS® holds other advantages for you now, as well, if you live in the Winnipeg or Brandon area you will soon have your property listed on the Winnipeg MLS® system.
MLS® has proven to be an effective tool in the sale of real estate, and its effectiveness will only grow. Why not consider using it to your advantage next time you sell your home?
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