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What Real Estate Agents Do

Real Estate Agents are licensed to sell real estate to buyers and sellers. They are usually licensed to negotiate, arrange, and operate sales under the supervision of a real estate broker. Selling and listing property can include showing it, listing it, signing contracts, and purchasing contracts. State laws regulate real estate laws and agent duties. This article may differ from one state to the next. It is also a requirement that real estate agent be licensed in realty. Most real estate agent Thornleigh work in residential sales and listing.

Listing Homes for sale

Most homeowners will contact a brokerage to help them list their home on the local Multiple Listing Service. All local brokerage members can share this database and work together to find a buyer. The following tasks and activities are performed by a real estate agent Thornleigh when listing a property:

  • For a listing price, determine the value of your home in today’s market.
  • Assist the homeowner with preparing the home for listing or showings.
  • You can enter the address into the MLS database.
  • Advertise the property to other agents and members of the MLS.
  • Advertise your home in print and other traditional media as well as online.
  • Supervise and/or organize home viewings.
  • Potential buyers should report to the seller any feedback or interest they may have after viewing the property.
  • Help the buyer to make an offer and get a signed purchase contract.
  • Assist in the coordination of the entire process, from signing the contract to closing it, including scheduling inspections and preparing documents.

Collaborating with Buyers

The old saying “live or die by listing” has been true for many years. It is possible to do very well as a dedicated buyer agent these days.

Rarely will the same agent or brokerage list a home as one that will work with a buyer. Any other agent or brokerage can bring a buyer who has made an offer through the MLS. An agent can represent either a buyer or a seller in a transaction. Let’s take a look at the tasks and activities of an real estate agent Thornleigh who works with buyers.

  • Assist buyers in finding and viewing homes that match their needs.
  • Assist them in securing a mortgage.
  • Discuss current market conditions and whether sellers believe they are pricing their homes correctly.
  • You can work with them to create the initial offer and purchase agreement.
  • Negotiate and counter-offer with the seller to work with them.
  • Upon the execution of a purchase contract, the buyer can coordinate the transaction.
  • Coordinate/schedule appraisals and inspections as well as other activities that are related to the transaction.
  • Deliver and explain all documents, title insurance, deeds, and other documentation.
  • Assist them in closing the deal and getting their keys.

The Internet has had a lot of impact on real estate and travel agents. With the help of services, their jobs have become easier in some ways. However, buyers can find homes that fit particular needs or providing sellers assistance in marketing properties. So they can get more clients through this tough economy
But one thing is true: Without personal contact, there isn’t much difference between these two types of professionals. Even though many people still believe differently!

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