First-time Home Buyers Guide: Know the Lingo

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So, you want to buy your first home, congrats! This is a big deal! A home purchase is one of the largest investments you’ll make in your lifetime. Starting your home search can be both exciting and stressful. We’ve turned 74 years of local Wisconsin home-buying advice into a simple guide to help ensure that you buy your dream home. To start your journey we want to help you understand the real estate lingo. 

Real Estate Agent vs. REALTOR®

The word Realtor is a trademark referring to someone who’s an active member of the National Association of Realtors (NAR). A certified Realtor adheres to a strict code of ethics based on professionalism and protection of the public.

Multiple Listing Service (MLS)

When you work with a Shorewest Realtor, you’ll have access to their multiple listing service (MLS), a list of properties for sale compiled by real estate agents and brokers. MLS is a powerful force for competition. An MLS levels the playing field so that the smallest brokerage in town can compete with the biggest multi-state firm. Buyers and sellers can be confident that they have access to the largest pool of properties for sale in the marketplace.

Once you’re ready to take the next steps and speak with a real estate professional, find a local expert in your neighborhood here – https://www.shorewest.com/wisconsin-real-estate-agents.

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Categories: First Time Home Buyers, Home Buying

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