What does a real estate agent do?
A real estate agent is a person who helps people sell their property or buy a property. This property is usually a house, but it can also be another type of structure or empty soil. The agent must know the market value of real estate, be able to evaluate positive and negative aspects of real estate, know how to advertise and know how to negotiate sales. He or she also often works with financial institutions to help people get loans they need to buy real estate. The agent usually works on a commission and gets a small percentage of each sales to help complete.
To help someone buy a house, the agent must first find out what type of house the client, the price of a house that the buyer can afford, and all the places that would be acceptable. Then, using a network system that exists for the sale of houses, the agent then identifies properties for sales that correspond to the necessary criteria. He or she takes the client to many first -hand sites looking at the houses, explains the positionThe tight and negative features of each of them give estimates of real estate values and answer any questions that the client may have. If the buyer decides to offer an offer in the house, the agent will help select an offer and offer an offer to the seller agent.
Before completing the purchase, the agent must usually cooperate with other experts in the real estate industry to ensure that all paperwork has been properly completed and the client has the necessary financing. This could include working with banners of banks or creditors, domestic evaluators and mortgage brokers. The agent then organizes a meeting where the client signs all paperwork and accepts the keys to his new home.
help sellers
When a client wants to sell a house, a real estate agent helps to determine the price. Acena sking is often based on the recent sale of similar houses in the same area. The agent also advises clients about how to prepare a houseOn the display to make potential buyers as accessible as possible, such as maintaining clean, providing rooms of simple decorations, basic repairs and wall painting. The agent then advertises the home to other agents and the general public.
When someone is interested in the house, the agent is arranged to show it to a potential buyer and often work with the Buyer's real estate agent. Agents could also organize open houses-admissions, when someone is invited to go through the houses for sale and ask questions or get information from agents. After the offer in the house, the agent will advise the client whether to accept it and process the sale if the offer is accepted.
training and licensing
Real estate agent is usually formally trained during special classes for work, but on-the-work training is also common. In most places, the person must pass the exam that allows him to license. Someone who is licensed can only work as a real estate agent only in jurisdiction that has issued a license. University degreeUsually they may not be an agent, but many jurisdictions require a person to be licensed at least at a certain age. It is also often necessary to check in the background.