How a Real Estate Agent Works

Whether you’re buying or selling, you should work with a real estate agent to

navigate the process and score the best deal possible. This licensed professional

knows the property values, schools and neighborhoods in your area, and they’re

familiar with how home transactions work. Real estate agents also have access to

resources that the average person doesn’t, such as an extensive network of other

real estate professionals and a database of recent sales. In addition to assisting

clients, they handle marketing, listing and open house duties, among other tasks.


Real estate agents are typically compensated on commission, so they earn their pay

when they close a deal. As a result, their daily responsibilities can vary greatly. In

some cases, they may have to spend time at the office handling administrative tasks

or networking with other professionals. But other days they’re meeting with

potential buyers and sellers, or showing homes. Also read


If you’re looking to buy a home, an agent can help you understand the market, find

homes that match your criteria and negotiate on your behalf. They can answer

questions about mortgage lenders, real estate attorneys and home inspectors. In

some states, an agent can be a dual agent, meaning they represent both the buyer

and seller in a real estate transaction. However, that requires disclosure to both

parties and is illegal in some states.


When a client signs an offer to purchase, the real estate agent reviews it and

ensures all necessary information is included. They may also recommend a home

inspection to detect any issues with the property. If problems are discovered, the

agent can negotiate a price reduction or ask for repairs before closing.


During the closing period, an agent communicates with all parties involved in the

sale. This can include a title or escrow agent, the seller and the buyer. They can also

help with a walk-through of the property, which can be an opportunity for the buyer

to check for any damage that occurred during the closing process.


If you’re interested in becoming a real estate agent, you can learn about the

requirements and qualifications in your state. Then you can start on the path to a

rewarding career in a field that can be both exciting and lucrative. For more helpful

tips and guides to help you navigate the home buying or selling process, sign up for

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