Did You Know?
The typical home sale today involves more than 200 steps from the initial contract acceptance to the day of settlement. A REALTOR® can navigate you each step along the way.
Put a REALTOR® to Work for You
REALTORS® have the knowledge, dedication and resources to coordinate a smooth transaction. Plus, REALTORS® know current real estate laws and have all the necessary forms to keep you protected throughout the home buying or selling process.
REALTORS® are different from real estate agents because they abide by a higher standard, which is the National Association of REALTORS® Code of Ethics. They not only have to follow state licensing rules, but must also subscribe and adhere to the Code of Ethics. When making one of the largest financial decisions of your life, you want someone by your side you can trust. Not sure if your real estate agent is a REALTOR®? Simply ask them or search our website member list.
Real Estate is Our Life
All real estate licensees are not the same. REALTORS® nationwide are required to abide by a strict Code of Ethics. REALTORS® in York & Adams Counties must also complete ethics training and continuing education every three years. Not many professionals can make that claim!
REALTORS® Serve the Community
REALTORS® also serve the community to make a positive impact on where we live and work through the RAYAC Foundation:
- Sponsoring several events and fundraisers annually, specifically a bowl-a-thon and golf outing
- Contributing thousands of dollars and volunteer support each year to local housing organizations
- Providing funds to areas affected by a natural disaster
How Real Estate Commissions Work
Click HERE to read about Real Estate Commissions Facts.
Consumer Notice
Pennsylvania’s agency disclosure law aims to make consumers aware of the various types of real estate representation available to them. When consumers meet with REALTORS®, they will be presented with a Consumer Notice form. This form simply outlines the five types of agency representation and documents that the REALTOR® has advised you of your options. It is not a contract. When a consumer determines what type of representation they desire, another form is sign indicating permission for that relationship and duties owed to you under that relationship.
- Seller Agency – in this relationship, the licensee works only for the seller, owing the seller client loyalty, confidentiality and a good faith effort to find a buyer for the property.
- Buyer Agency – in this relationship, the licensee works only for the buyer, owing the buyer client loyalty, confidentiality and a good faith effort to find a property for the buyer.
- Dual Agency – in this relationship, the licensee acts as the agent for both the seller and the buyer in the same transaction, with the consent of all parties. Real estate companies have buyer and seller clients; it is not always possible to predict when a buyer client will choose to buy a property from a seller client. While this may put the agent in the middle, it does assure that sellers have the greatest exposure for their properties and that buyers can make selections from the entire market. A dual agent must provide services fairly without promoting either party’s interests over the other.
- Designated Agency – created for the in-house transaction where both buyer and seller are represented by individual agents in the same company. It allows the agent selected by the buyer to continue representing the buyer’s interest while the agent selected by the seller continues to represent the seller’s interests. This allows the consumers to retain the services they sought when choosing real estate agents to advocate for them.
- Transaction Licensee – in this relationship, the licensee provides communication or document preparation services, or similar real estate related services without being an agent or advocate for either the seller or the buyer. A transaction licensee could not disclose the fact that the seller will accept a price less than the asking price, or any other information deemed confidential by the consumer.
NAR Consumer Guides
NAR is pleased to share the latest installment in our “Consumer Guide” series on seller concessions.
This resource covers the most common types of seller concessions, rules for when and where to offer them, and how they can facilitate a successful transaction for both homebuyers and sellers.
As a reminder, the guides in this series are available for download in both English and Spanish on facts.realtor.
Please allow a few days for the Spanish version of the latest resource to be translated and uploaded.
For ease of reference, below is a running list of the resources published to date:
State and Local Tax Deductions
What is the VA Home Loan Guaranty?
Working with a Real Estate Attorney
Open Houses and Written Agreements
Real Estate Auctions
REALTORS’® Duty to Put Client Interests Above Their Own
Assistance Programs
What Veterans Need to Know About Buying a Home
Homeowners Association
Offers of Compensation
Marketing Your Home
Negotiating Written Buyer Agreements
Property Taxes
Real Estate Contract Contingencies
Preparing to Sell Your Home
Steps Between Signing and Closing on a Home
Listing Agreements
Fair Housing
Multiple Listing Services
Seller Concession
Why Am I Being Asked to Sign a Written Buyer Agreement?
Understanding and Protecting Yourself from Title Fraud
Open Houses and Written Agreements
REALTORS’® Duty to Put Client Interests Above Their Own
What Veterans Need to Know About Buying a Home
Offers of Compensation
Negotiating Written Buyer Agreements