What Sellers and Buyers Should Know About Real Estate Agents
The notion of dealing with a real estate agent instils unknown fears in the majority of buyers and sellers. Checkout Realtor for more info. While some agents are genuine and trustworthy, placing their clients’ best interests first, there are plenty of unscrupulous individuals out there looking to make a fast buck at the expense of others. It is your responsibility as a buyer or seller of a home to carefully select an estate agent. So, before you approach a real estate agent, here’s what you should know about them.
What is the role of a real estate agent?
The realtor acts as a middleman between the buyer and the seller and assists to finalise the sale of a property, depending on which side he is working for (the buyers or the sellers). His client offers him a commission in exchange for his services (seller, buyer or both). When working on behalf of a seller, the agent is responsible for entering the property’s information into local multiple listing services as well as other marketing activities such as house staging.
In the case of a residential property, a real estate agent may begin by posting the property’s details on his or her personal or company website, depending on whether or not he is employed by a realtor firm or operates independently. The next stage would be to sell the home both offline and online, using postcards and adverts in real estate periodicals.
In addition to marketing your home, the agent who lists it is responsible for following up with other agents who may have clients who have expressed interest in it. An agent is also meant to assist you in obtaining the finest possible offer. He or she is with you every step of the way until the house is sold, counselling you on everything from finding a lawyer to selling the house.
The realtor does not charge the client/home seller for his marketing efforts, but you will be responsible for any legal fees associated with the sale.
When working with a seller, a realtor is in charge of sifting through property listings in the area where his client is interested. He coordinates with the seller’s real estate agent and arranges for his clients to see the property. A buyer’s real estate agent assists in negotiating the best deal for his client and remains with the buyer throughout the purchasing process. He’s also in charge of finding a specialist to do a property appraisal. Some real estate agents may also provide additional services such as mortgage advice and assistance.
Every Door Real Estate
5506 6th Ave, #204, Seattle, WA 98108
Phone No. : +12067410380