A real estate agent is a person who is licensed to represent buyers and sellers in any real estate transaction. Real estate agents are usually working with certified realtors and real estate brokers who have additional certifications and training. Real estate agents work by commission basis which means that their income highly depends on their knowledge and abilities in assisting clients in closing transactions. Real estate agents do various duties and responsibilities whether they are working for a buyer or a seller. The role that a real estate agent plays when dealing with a seller is a property advisor, giving the seller a sound advice on how to effectively price the house or any property basing the current market value, the things the seller needs to prepare prior to selling the property, and the best way to create a listing.
A real estate agent buys, sells or rents properties for clients, performing various duties such as studying property listings, interviewing prospective clients, accompanying clients to property site, discussing conditions of sale, and drawing up the real estate contracts, including agents who represent a buyer. A real estate agent presents purchase offers to sellers for consideration, negotiates prices and other sale terms. Real estate agents make comparisons among properties determining the competitiveness of market prices and also appraise the value of properties. A sound advice is given by a real estate agent to a seller or a buyer about market conditions, terms of prices, legal requirements, and mortgages. When it comes to promotion or marketing of properties, real estate agent plays an important role through property listings, open houses, and advertisements, as well as developing sales content presentations or other materials. During inspections and visits, real estate agents accompany buyers for them to be given advice on the value and suitability of the homes they are visiting.
As a consumer, you must fully understand whether a real estate agent is representing the seller, the buyer or both, because the real estate agent’s loyalty greatly affects every detail of a real estate transaction most especially when it comes to the final pricing. In order for sellers and buyer to be made aware of any conflicts, a real estate agent should disclose their representation. Choosing the perfect real estate agent for you might be tedious and overwhelming, but you have to consider the tenure, reputation, expertise, services, licensing and certifications and communication style of a real estate agent. If you are looking for a trusted, reliable and expert real estate agent, we are here to help you out.Looking On The Bright Side of Sales