The idea of negotiating with a real estate agent instils uncertain concerns in the majority of buyers and sellers. While some agents are sincere and reputable, 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 duty as a buyer or seller of a property to carefully choose an estate agent. So, before you approach a real estate agent, here’s what you should know about them. Do you want to learn more? view more here
What is the role of a real estate agent?
The realtor serves as an intermediary between the buyer and the seller and helps to complete the selling of a house, depending on which side he is working with (the buyers or the sellers). His client offers him a fee in exchange for his services (seller, buyer or both). When operating 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 home staging.
In the case of a residential property, a real estate agent can begin by posting the property’s information 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 step will be to market the property both offline and online, using postcards and advertising in real estate magazines.
In addition to selling your house, 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 expected to assist you in obtaining the best possible deal. He or she is with you every step of the way before the house is sold, counselling you on everything from finding a lawyer to selling the house.