What Wanted Realty Offers and How to Work With Them
Wanted Realty is a South Carolina real estate brokerage serving buyers and sellers across the state
Wanted Realty operates as a licensed real estate firm in South Carolina, helping people buy, sell, and lease residential and commercial properties. The company works with individual agents who represent clients through transactions, from initial property search or listing through closing. Like other brokerages in the state, Wanted Realty must comply with South Carolina's real estate licensing requirements and the rules set by the South Carolina Real Estate Commission.
If you are looking to buy or sell property in South Carolina, understanding how a brokerage like Wanted Realty works—and what to expect from the process—can help you make informed decisions about representation and next steps.
Key Takeaways
- Wanted Realty is a licensed South Carolina brokerage where individual agents represent buyers and sellers in real estate transactions.
- Real estate agents in South Carolina must hold an active license issued by the South Carolina Real Estate Commission and follow state and federal fair housing laws.
- Buyers typically do not pay agent commissions directly; sellers' proceeds usually cover both the listing agent and the buyer's agent through a split agreed upon at listing.
- You can verify an agent's license status and complaint history through the South Carolina Real Estate Commission's public records.
- Working with a real estate agent involves signing a representation agreement that outlines the agent's duties, the scope of the relationship, and how disputes would be handled.
How real estate agents and brokerages work in South Carolina
A real estate brokerage like Wanted Realty holds the license that allows agents to conduct transactions on behalf of buyers and sellers. Individual agents work under that brokerage license and must be sponsored by a broker—they cannot operate independently. The broker is responsible for supervising agents, maintaining trust accounts for client funds, and ensuring compliance with state law.
When you work with an agent from Wanted Realty, you are entering into a relationship with that agent, but the brokerage itself is the licensed entity. The agent represents your interests in finding, negotiating, or selling property. In South Carolina, agents must disclose whether they represent the buyer, the seller, or both parties (called dual agency), and they must do so in writing before or at the time an offer is made.
What to expect when buying or selling through an agent
If you are buying, an agent can show you properties listed in the Multiple Listing Service (MLS), help you understand market conditions, assist with making an offer, and guide you through inspections, appraisals, and closing. The agent represents your interests in negotiating price and terms. You do not pay the buyer's agent a commission; that cost is typically paid from the seller's proceeds as part of the commission split agreed to when the property was listed.
If you are selling, the listing agent markets your property, coordinates showings, advises on pricing, and manages the offer process. The listing agent's commission is paid by you (the seller) from the sale proceeds, and that commission is usually split between the listing agent and the buyer's agent. The exact percentage varies by agreement but is negotiable at the time you list.
Before representing you, an agent should provide a written disclosure explaining the type of representation and any potential conflicts of interest. You should read this carefully and ask questions if anything is unclear.
Licensing and oversight in South Carolina
All real estate agents in South Carolina, including those at Wanted Realty, must hold an active license issued by the South Carolina Real Estate Commission (SCREC). To obtain a license, agents must complete pre-licensing education, pass a state exam, and be sponsored by a licensed broker. Licenses must be renewed periodically, and agents must complete continuing education to maintain their license.
The South Carolina Real Estate Commission maintains a public database where you can look up an agent's license status, any disciplinary actions, and complaint history. If you have a concern about an agent's conduct, you can file a complaint with SCREC, which investigates violations of the South Carolina Real Estate Commission Act and the Code of Ethics and Standards of Practice.
Commission structure and how costs are handled
Real estate commissions in South Carolina are not set by law or by any board—they are negotiable between the seller and the listing brokerage. Commissions vary and are typically a percentage of the sale price. The listing agent and broker agree on a split, and the listing agent usually offers a portion to the buyer's agent through the MLS.
As a buyer, you do not negotiate commission directly with your agent. The commission comes from the seller's sale proceeds. However, you should understand that your agent's compensation is tied to the sale price and closing of the transaction, which is why it is important to work with an agent whose interests align with yours and who will represent you fairly.
As a seller, commission is one of your largest costs in a transaction. You can negotiate the percentage with the listing brokerage, and you should understand what services are included before you sign a listing agreement.
Fair housing laws and your rights
South Carolina and federal law prohibit real estate agents and brokerages from discriminating based on race, color, religion, sex, national origin, disability, familial status, or sexual orientation. If an agent refuses to show you a property, steers you toward or away from certain neighborhoods, or treats you differently because of a protected characteristic, that is illegal.
If you believe you have experienced discrimination, you can file a complaint with the South Carolina Real Estate Commission or with the U.S. Department of Housing and Urban Development (HUD). Both agencies investigate fair housing violations and can take action against agents and brokerages that break the law.
Questions to ask before signing a representation agreement
Before you commit to working with an agent or brokerage, it is reasonable to ask about their experience, their marketing strategy (if you are selling), their knowledge of the neighborhoods you are interested in, and how they handle disputes or complaints. Ask whether they are a member of the local Board of Realtors and whether they follow the National Association of Realtors Code of Ethics, which includes additional standards beyond state law.
Review the representation agreement carefully. Understand how long the agreement lasts, what happens if you want to end it, what services are included, and how disputes would be resolved. If anything is unclear, ask for clarification in writing before you sign.
Frequently Asked Questions
How do I verify that an agent or brokerage is licensed?
Visit the South Carolina Real Estate Commission website and use their public license lookup tool. You can search by agent name or brokerage name to confirm current license status and view any disciplinary history or complaints.
Can I work with multiple agents at the same time?
You can speak with multiple agents, but once you sign a buyer representation agreement with one agent, you are typically bound to that agent for properties shown by that agent or their brokerage. Read the agreement carefully to understand any exclusions or how to end the relationship if needed.
What should I do if I have a complaint about an agent?
Contact the South Carolina Real Estate Commission and file a formal complaint. Include details about what happened, dates, and any documentation. SCREC will investigate and may take disciplinary action if a violation is found. You can also consult an attorney about civil remedies.
Is commission negotiable?
Yes. If you are selling, you can negotiate the commission percentage with the listing brokerage before you sign the listing agreement. If you are buying, commission is typically paid from the seller's proceeds and is not something you negotiate directly, but you should understand how it works.
What is the difference between a real estate agent and a real estate broker?
A broker holds the license that allows real estate transactions to occur and supervises agents. An agent works under a broker's license and cannot operate independently. Brokers have additional education and regulatory responsibilities beyond what agents must meet.