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Real Estate agent: Duties and Responsibilities

Author: Neva Frahfnklin
by Neva Frahfnklin
Posted: May 26, 2018

The first question that arises is their really a need for a real estate agent or an advisor? Well, it’s hard to say if one has enough knowledge about real estates, ongoing land prices, and market values. These people are highly trained professionals have great knowledge about the ongoing market value of lands. They are well aware of the prices too when they will increase and decrease, which helps many times in finding or selling a land.

Mostly these agents work for a real estate broker or realtor who has additional training and extra certifications. These agents completely work on the commission basis that is why their income is totally dependent on their ability to assist clients.

The real estate agent performs different duties depending on whether they are working for a buyer or a seller. If the agent is working for a seller, the agent advised his client on how to calculate the price of the house and how to prepare it for selling, which includes last minute improvements that can have a huge impact on the purchaser or boost the sale. The seller agents usually market the property through networking in their circles and advertisements.

Some amount is fixed before the sale which is always some percent of the principal amount. Now the agents of the purchaser party search for available properties that match the buyer’s criteria and wish list. The earnings of a real estate agent are on the commission basis, the more he sells houses, the more money he makes. However, due to the advancement of online searches, nowadays people are searching houses online and buying or selling them as per the requirement.

Sometimes a single real estate agent plays both the role of buyer and seller. But these agents are mostly fraud. They make you sell the property at a price in order to get an amount and convince the purchaser party to buy it to get his art of earnings from there as well. Stay away from these people. But these agents play a vital role when we talk about big properties. When I say big, it means million dollar properties. There’s always a fear when such expensive deals take place, whether the purchaser is trustable, or whether the papers are clear, is it worth it buying at this price?

Then the professional real estate advisors come to rescue you in such difficulties. These highly professional realtors have tremendous knowledge in selling and buying of your house. These people are so talented that they know how to and where to sell your property at the best price available in the market. But what if the real estate agent if not getting for what he’s working for? For example, if the realtor is working for $2000 and getting only $1000 who’s responsible for that and who helps them. There are many such companies and organizations working for the real estate agents such as Mr. Larry Weltman Toronto, Customer Service Representative (CSR) for "AccessEasyFunds" that provides a real estate agent with advances on their commissions. Larry Weltman office is situated in Ontario, Canada.
About the Author

You should be a blend of both. I can relate my point in the context of Canadian self-made man with a vision and faith.

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Author: Neva Frahfnklin

Neva Frahfnklin

Member since: Aug 15, 2017
Published articles: 5

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