Welcome to another real estate tips and advice video from Nick Fong. Nick is the founder and broker of the number-one real estate company in all of Baja California Sur, which includes Los Cabos. That means his wisdom is sound and will help you succeed in real estate. As such, uncover the difference between listing agent and selling agent along with great real estate advice. If you’re also exploring Los Cabos luxury real estate and top communities, visit Luxury Los Cabos.
Nick Fong has been presenting his tips and advice for years now. And as his brokerage grows, his knowledge and experience grows with it. Now that he’s become the most successful real estate broker in Mexico, he enjoys sharing the why and the how regarding his success. If you’re curious about the difference between selling agent and listing agent, read on to learn more from the source: Nick Fong of Ronival Real Estate.
Listing agent vs. selling agent: What’s the difference?
Nick reveals a concise explanation in the video about how a buyer’s agent differs from a selling agent. If you’ve ever looked up selling agent vs listing agent, this is the clarification you need.
When you represent the buyer, you are the selling agent – the agent selling the property to the buyer. And obviously the listing agent represents the owner of the property that wants to sell it. Here’s a simple explanation:
- Listing agent: represents the property owner who wants to sell. They list the property on the MLS, market it, arrange showings, ensure documentation is accurate, and negotiate the sale on behalf of the seller.
- Selling agent (buyer’s agent): represents the buyer. This is the agent who brings the buyer to the transaction and helps negotiate the purchase.
Although it sounds counterintuitive, the “selling agent” is actually the one working with the buyer. As Nick admits, it’s a common mistake to think the selling agent is the one selling the listing—but that’s actually the listing agent’s role. Understanding this distinction is crucial when comparing selling agent vs listing agent responsibilities.
How Technology Helps Real Estate Agents Succeed
According to Nick, technology plays a key role in the success of Ronival Real Estate. He says that in order to have achieved the success they have and will continue to have, technology allows Ronival to be better organized. As an example, it allows Nick and his agents to know more about their clients so they can provide the best customer service possible. Also, it provides a foundation for better communication.
It’s always important to start with a great CRM, or Customer Response Management system. Nick Fong’s CRM houses all of Ronival’s client information and status. It covers all operations from sales to property management. Most importantly, the CRM handles the monthly rentals and vacation rentals all handled by Ronival Real Estate.
Nick reveals that their success comes from real estate technology being used to help him and his entire team throughout Baja Sur to respond to client requests very quickly – it channels them to the right person right away. Then, real estate technology provides all that is needed for a productive and fruitful client conversation. Also, it ensures that the professional relationship will grow and strengthen with every contact.
How to close more real estate deals and make more money
Nick Fong has one tip that will help you close more deals. As he says, when you get a property under contract—whether you represent the buyer or the seller, or both—consider a power of attorney. With the delays that occur during closings and knowing that most buyers and sellers do not live in Cabo or elsewhere in Baja California Sur, it’s easier to get that power of attorney.
Even more importantly, Nick says that if they’re living in the United States or in Canada, Nick and his real estate agents have the ability to do a remote power of attorney. Also, he says that this is something new. So if you want more information, definitely let them know. But in general, use a power of attorney. That will lead to more sales and more money in your pocket.
Baja California Sur real estate
Many Americans, Canadians, and people from other countries choose to make Los Cabos and other magical towns in Baja California Sur, Mexico, their home or vacation home. Discover how to purchase your dream home in Baja.
If you’re ready to take the next step, here are a few helpful resources:
- How to buy real estate in Los Cabos (process, timelines, and what a great buyer’s agent actually does)
- How to sell real estate in Los Cabos (listing strategy, negotiations, and maximizing your outcome)
- Contact our team (questions about representation, offers, or the right plan?)
Make an appointment with the top Real Estate Broker in Baja: Nick Fong, featured on HGTV’s Beachfront Bargain Hunt.
Since 2010, Ronival has been helping clients find the best homes in Cabo and throughout Baja California Sur. And, they’re highly-skilled negotiators that’ll get you the best price. Whether you plan to buy a property or quickly sell your Baja real estate, they’ve got you covered!
If you’d like to take a tour of a property in Cabo or anywhere else in Baja California Sur, just click CONTACT to inquire. Or, call directly at 619-831-2000. Ronival will be happy to answer your questions. You can also schedule a time to show you around this breathtaking location.
Ronival on YouTube
See Nick Fong in action on his Ronival YouTube Channel. Find his videos on the Ronival VLOG, where you can read a short, yet in-depth post. Below is an example of one of Nick Fong’s Ronival videos:
Thank you for reading The difference between selling agent and listing agent REVEALED. Be sure to read other posts about Cabo and Baja California Sur on the Ronival blog.