Real Estate Agents and How They Can Help
What are real estate agents and what exactly do they do? If you’ve ever been involved in purchasing or selling real estate, or even looking around for new property, then you have most likely dealt with a real estate agent. Knowing exactly what real estate agents do however is something that many people simply don’t understand. They think that an agent simply shows people around a house and introduces potential buyers to the home. But good real estate agents do much more than this.
A real estate agent is professional who is specifically trained in helping property buyers meet and communicate with property sellers.
For people and businesses who wish to sell their property, they can provide a real estate agent with property details, keys, and any other necessary information so that the agent is able to show their property to potential buyers without ever having to bother the seller of the property.
On the flip side of the coin, the individual or group that is interested in purchasing the property is able to get all the information needed in order to make a purchase without ever having to bother the seller and working exclusively with the real estate agent.
In a nutshell, the real estate agent acts as a central information hub between the buyer and seller, who provides all of the information needed to make the sale a success and ensure that the buyer is satisfied with their purchase.
Why is this? Normally, real estate agents know their own area better than anyone else. They are able to quickly find quality properties for potential buyers and easily find potential buyers for people who are wanting to sell their property. Not only that, but they also understand exactly how much each type of property is typically selling for in their area and are able to negotiate great deals for both buyers and sellers.
A good real estate agent like Mark Tung, can typically get several thousand dollars more for property sellers. On the other hand, great real estate agents are also able to help potential homebuyers determine exactly what they need. They then provide suggestions and other tips so that they can help them find the best property possible that fits within their budget.
Typically, real estate agents will charge a commission in order to provide their services to both parties. Once a property sells, a real estate agent will charge the seller their commission rate that is then paid by the seller’s lawyer directly to the company that the real estate agent works for.
Normally, these commission rates are calculated as a percentage of the final sales value of the property and it is clearly agreed upon, in a contract, prior to the real estate agent trying to find buyers for the property.
By making property buyers happy as well as getting the most money for property sellers, real estate agents are able to establish themselves with a good reputation and ultimately more business in the future.
The important thing to remember, however, is that if you are looking for a home to buy you need to keep in mind that real estate agents normally work for the seller. With that said, have a little bit of caution if the agent you are working with is trying too hard to make a sale.
Mark Tung real estate agent http://markpatsy.co.nz/