Real Estate Agent are licensed professional who negotiate and arrange the buying and selling in real estate transactions. Most agents work for a real estate broker Or realtor who has additional training and extra certifications. Agents usually work completely om commission, so their income depend on their ability to assist clients and close transactions. A real estate agents must have a talent to satisfy his/her clients. They are some special people with extraordinary qualities. The thinking level of a real estate agent is very high. They have a unique talent of communicating with their clients
Real Estate is nothing but buying and selling of properties. It refers to land, as well as any physical property or improvements affixed to the land, including houses, buildings, landscaping, fencing, wells, etc.
Breaking down ‘Real Estate Agent’
Agents perform different duties, depending on whether they work for a buyer or a seller. Agents change his way of talking according to the person. Agents who work for a seller advise a clients on how to price the house and and prepare it for sale, including providing tips on last-minute improvements that can boost the price or encourage a speedy sale. If they work for a buyer then they suggest him to take his advice without any doubt. Seller agents market the property through listing services, networking and advertisements.
Agents who work for the buyer search for available properties that match the buyer’s price range and wish list. These agents often look at past sale data to help prospective buyers determine a fair offer for a particular property. Sellers agents market the property through listing services, networking and advertisements. Agents who work for the buyer search for available properties that match the buyer’s price range and wish list. These agents often look at past sale data to help prospective buyers determine a fair offer for a particular property. Most of the agents like to work with sellers, because they earn more by selling a property in a good price.
What a real estate agent represent ( buyer or seller)
First of all make sure that which party Real Estate Agent represent. Make sure to the right agent for your deal. It’s important for consumers to understand whether a real estate agent represents the buyer, the seller or both parties because the agent’s loyalty can greatly affect several details of the transaction, including the final price. Maybe the agent belong to another party then you will not get good profit according to your choice. State laws regulate whether an agent can represent both sides of a real estate transaction, and most states allow this. Agents must disclose their representation so that buyers and sellers are aware of any conflicts. At a very minimum level you will get betrayed by agent, but most of the time it doesn’t happen. A good Agent don’t want any trust issues between him and clients.
Explanation of Agents, Brokers and Realtors
Real Estate Brokers
Brokers are above in rank then agents. Agents work for brokers. Brokers own a firm or a franchise, and they are responsible to set up earnest and for approving final contracts. Brokers attend more classes and paas more exam then agents.
Real Estate Agents
Real Estate agents work for brokers. They split their commissions.
Real Estate Realtors
A realtor is a member of National Association of REALTORS. Both Agents and brokers can be Realtors.
Payment method of a Real Estate Agent
According to traditional method an Agent is paid a commission of a property’s sale price. Agents make money according to their performance in their work. An agent makes higher money by selling the property in higher price. It is a offline system but by the time it is changing. The modern method taking over the traditional method. Some agents charge a lower price but some agents charge up to 40% of the profit.
Real Estate is the best and fastest way to become guaranteed billionaire. If you have money for investment and you can afford a Real Estate Agent then you can make unlimited money. This process is little lengthy but the profit is also very high. For more information about Real Estate click here