Amid the advancement in technology, most people in recent times search for their home online, but it does not mean that the role of brokers has been any less important, in fact, according to a study by the national institute of Realtors (NAR), 87% of the recent homeowners decided to buy a property through brokers or a real estate agent.
Let us have an overview of what is a real estate agent, what work they do, and how to determine if the real estate agent is good for you or not.
The work of a real estate agent
Real estate agents are licensed and go through a state-mandated process for it, they are the ones responsible for listing the homes that are for sale, helping the buyers in navigation purposes, showing homes to prospective buyers, and helping out in the various paperwork of a real estate transactions.
The responsibility to market the property is also upon the real estate agent, it is their job to take pictures of your property, post them on newsletters, and online for the promotion. There are some real estate agents that are buyer’s exclusive agents, they work on the behalf of only those who want to buy. Because of this, the chances of a conflict are reduced, as the agent would not be working on both sides of the transaction.
Purpose of a real estate agent
The real estate agent can help you find a lender that can get you pre-approved for buying a new home, it is the job of a real estate agent to find the right home for you, they connect you with professionals like title agents and home inspectors. Whether you are buying a home or selling, a real estate agent helps you by negotiating the prices on your behalf. The real estate agents are responsible for representing their clients, whether they are buying or selling, they cannot take any decision by themselves, they can move ahead with a decision by getting it approved from you first. The real estate agent can advise you on the pricing of the property and market the property as well, the real estate agent should have a good knowledge of the latest technology and how to reach more people on social media.
Finding a real estate agent.
Let us take a look at how you can find yourself some good real estate agents-
- Asking for recommendations is one of the best ways to search for the best real estate agents, asking other people would provide you a good insight into whether the real estate agent delivers satisfactory results or not.
- There are many real estate agents online, you can search for them and compare on the basis of the information provided about them on the net.
- Keep a check on the local listings, you can enquire about the real estate agents on the local listings, contact them.
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