What Real Estate Agents Do, Who Is A Real Estate Agent, And What Do They Do?

what real estate agents do
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Many wonder what real estate agents do, who a real estate agent is, and how you can become one.

Indeed, you will find answers to these questions and more information on the Jobcareguide webpage.

First, let’s find out who a real estate agent is.

 

Who Is A Real Estate Agent?

Factually speaking, a real estate agent is a professional who facilitates the buying, selling, or renting of properties.

Such properties include residential homes, commercial buildings, land, and other real estate assets.

Interestingly, real estate agents serve as intermediaries between buyers and sellers, helping clients navigate the complex process of real estate transactions.

Therefore, you need a real estate agent when you want to buy or sell your building or land, among others.

Now what does a real estate agent do? Please let’s look at the duties of a real estate agent in the details below.

 

The Job Description Of An Estate Agent

So what is the job description of an estate agent? Undoubtedly, real estate agents are very crucial to the real estate industry. 

Thus, their responsibilities may include the following:

 

Listing Properties:

Real estate agents assist property owners in listing their properties for sale or rent. 

Therefore, they help create compelling listings with detailed descriptions and attractive visuals.

 

Marketing:

Agents market properties through various channels, such as online listings, social media, open houses, and networking events.

By so doing, they attract potential buyers or tenants.

 

Finding Properties:

Real estate agents help buyers or renters identify properties that match their criteria and preferences.

Here, they research available listings and arrange property showings.

 

Negotiating:

Agents play a key role in negotiating deals between buyers and sellers. Thus, they help both parties arrive at mutually agreeable terms on price, contingencies, and other aspects of the transaction.

 

Paperwork:

Real estate transactions involve significant paperwork, including contracts, agreements, disclosures, and legal documents. In this regard, agents assist in completing and managing these documents accurately and efficiently.

 

Market Knowledge:

Indeed, a good real estate agent knows local real estate trends, property values, neighborhood demographics,

Not only that, but they also make other relevant market information for their clients.

 

Legal and Ethical Guidance:

Real estate transactions are subject to various legal regulations and ethical considerations. 

In light of this, agents help clients navigate these complexities to ensure all parties transact business legally and ethically.

 

Problem-Solving:

Sometimes, issues can arise during a real estate transaction. 

By so doing, agents help identify potential problems and work to find solutions that protect their client’s interests.

 

How Much Does A Real Estate Agent Make?

Notably, real estate agents typically earn a commission based on a property’s sale or rental price.

Most often, the seller or the landlord typically pays this commission.

Sometimes, the listing agent and the buyer’s agent will also share the commission (if applicable).

 

Summary:

Importantly, please note that the term “real estate agent” is often used interchangeably with “realtor.” 

However, a realtor is usually a licensed real estate agent who is a member of the National Association of Realtors (NAR).

As a result, Realtors adhere to a strict code of ethics and professional standards.

Remember that not all real estate agents are seen as realtors, but all realtors are real estate agents.

 

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