An Iowa realtor is a real estate professional who has become a member of the National Association of Realtors (NAR). The NAR is a federally registered professional organization. To become a member, the real estate professional must abide by a stringent code of ethical and professional standards. The NAR regulates the use of the term realtor, if someone does not meet the standards or is not an active member in the state of Iowa, they cannot call themselves a realtor.
What Does a Realtor Do in Iowa?
An Iowa realtor will work hard for you to assist in buying or selling a property. A buyers agent will help to purchase a property and a listing agent will help to sell a property. A realtor will know about the laws that pertain to buying or selling real estate in Iowa. They can walk clients through the entire process, including giving advice about fixing up the property, how to price the home or land, and recommendations for staging or hiring a stager, contractors, or other professionals. An Iowa realtor will also have a vast network for marketing a home, can take care of open houses and setting up secure entry into the home, and assist in negotiating and with all paperwork.
What is the Difference Between Realtors and Real Estate Agents?
In general, real estate agents and realtors perform the same job. The difference, however, is the standards that realtors are held to. The NAR requires an active membership in the state of Iowa and adhering to a set of ethical and professional standards. Realtors and real estate agents must both take classes, study, pass an exam, and apply for a license. An Iowa real estate license must also be renewed every 36 months, with a requirement of 36 hours of continuing education.
Pros of Hiring a Realtor in Iowa
When it comes to making the decision to hire a realtor or try to sell your home yourself, there are many things to consider. Here are some pros and cons of hiring a realtor in Iowa:
Pros
- A realtor will save you time
- Searches for homes or properties can be designed to fit your wish list
- Paperwork will be done for you and explained
- A realtor has knowledge of local laws
- Get advice for pricing and staging
- Realtors will take care of open houses and providing secure entry for showings
