How Does All This Real Estate Stuff Work, Anyway?

Let’s be honest—real estate can feel like a maze. If you’re a first-time buyer or just haven’t bought or sold a home in a while, all the contracts, agreements, and steps can seem overwhelming. But don’t worry—at Amherst Madison, we’re here to make the process straightforward, stress-free, and even enjoyable.

So let’s break it down: How does this whole real estate thing actually work?


Step 1: The Listing Agreement

(Between the Seller and Listing Broker)

If you’re selling your home, the process starts with a listing agreement. This is a contract between you and your real estate agent that outlines:

  • The asking price for your home
  • How long your home will be on the market
  • The commission rate
  • The agent’s responsibilities in marketing and showing your property

This agreement gives your agent the legal ability to represent your home on the market and advocate for your best interests as a seller.


Step 2: The Buyer Agreement

(Between the Buyer and Buyer Broker)

If you’re buying a home, your journey starts with a buyer agreement. This outlines:

  • Your agent’s duties to represent you
  • How long they’ll be working with you
  • Any potential commission responsibilities

This agreement makes it official: your agent is working for you—not the seller. Their job is to guide you, protect your interests, and make sure you get the best deal possible.


Step 3: The Purchase Agreement

(Between the Buyer and the Seller)

When you’ve found the one, your agent will draft a purchase agreement. This is a legally binding contract that covers:

  • The final purchase price
  • Any contingencies (like inspections or financing)
  • The proposed closing date
  • All the responsibilities of both parties

This agreement ensures everything is clearly laid out, so both buyer and seller know what’s expected for a successful closing.


What We Do at Amherst Madison

At Amherst Madison, we go beyond just drafting contracts. Our agents are by your side every step of the way to:

✅ Identify your ideal home
✅ Present properties that match your goals
✅ Help you craft a competitive offer
✅ Negotiate terms with confidence and clarity
✅ Support you with resources and service long after the sale is done

Whether you’re buying, selling, or just trying to figure it all out, we’re here to simplify the process and make sure you feel informed, empowered, and supported.


Still have questions? Reach out to one of our experienced agents today and let’s walk through the process together—no pressure, just real help from real people.