Do you want to sell a house fast in Maryland? If so, then you’ll probably end up working with a real estate agent, a broker, a realtor, or an investor. It’s important to know the differences between these real estate professionals. After all, hiring the wrong real estate professional can elongate and complicate the process.
In this article, we’ll discuss what each of these real estate professionals does, focusing on the differences between them. If you get to the end—which we’re sure you will—you’ll know which professional is best for your current situation.
What Does A Real Estate Agent Do?
A real estate agent is a licensed professional who can assist individuals with purchasing, selling, or renting a residence. Although they are independent contractors, real estate agents are nonetheless required to operate under a real estate broker. Also, the commission they make from a sale is split with their broker.
There are two types of real estate agents:
- Buyers agents
- Listing agents
What Is A Real Estate Broker?
A seasoned real estate agent who has successfully completed advanced training and passed a broker’s exam is a real estate broker. This professional has more responsibilities than a regular real estate agent. Real estate brokers are classified into three categories:
- Managing brokers
- Associate brokers
- Principal/designated brokers
What Does A Realtor Do?
Real estate agent and realtor are often used interchangeably, but they aren’t the same. Specifically, a realtor is a real estate professional who’s been recognized by NAR (National Association of Realtors).
What Does A Cash Home Buyer Do?
An individual, organization, or business that buys a residence with cash—typically via wire transfer or check—is referred to as a cash buyer. Buyers who pay in cash often have deep pockets, and because they pay this way the process is a lot shorter. In other words, since they don’t rely on financing, there’s no waiting for a mortgage. This is what slows down the traditional home-selling process. You could wait months just to have a buyer get denied a mortgage at the last minute. But not if you sell for cash!
Who’s Best To Work With?
When it comes to choosing the best real estate professional, you need to think long and hard about what you’re hoping to achieve. Selling for cash is the quickest way to sell by far. And since cash buyers purchase homes as is, you won’t need to spend on repairs or renovations. In many instances, cash buyers can close in under 30 days, and they help with moving too.
At Maryland Cash House Buyers, LLC, we buy houses in Maryland as is, and we don’t charge commissions or fees. Reach out to us if you’re looking to enjoy a smooth home-selling experience!