Posted on May 19, 2020
(may 19, 2020)
Real estate salespeople, and other licensees who are required to work for and under the umbrella of a designated broker, are often referred to as real estate agents.
In legal language, the term "agent" refers to the strictly defined relationship between a real estate salesperson and the buyers and sellers with whom he or she conducts business. An agent is an individual who is authorized and consents to represent the interests of another person.
As an agent, you act to assist people through the process of buying, selling and renting land, homes and other properties.
In addition to meeting licensing requirements and having a comprehensive understanding of pertinent real estate laws, real estate agents have a long list of responsibilities. Real estate agents typically do the following:
Advise clients on mortgages, market conditions and pricing
Advise sellers on how they can make their homes more attractive to buyers
Compare properties to determine fair and competitive market prices
Generate lists of appropriate properties for buyers based on their price range and needs
Guide buyers and sellers through the transaction process
Manage lists of contacts
Mediate negotiations between buyers and sellers
Prepare and submit all required paperwork, including various contracts
Present all purchase offers to sellers for consideration
Promote properties through advertising, listing services (such as MLS) and open houses
Show properties to prospective buyers
Solicit potential clients to buy, sell and rent properties
Stay current with real estate laws and trends
Work nights and/or weekends to accommodate clients' needs
Here, we take a look at a few considerations that will help you fulfill your agent responsibilities, while advancing your career as a real estate agent.
article and texts courtesy by : Jean Folger
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