The terms real estate, real estate agent, and real estate business are commonly confused. Real estate itself is not related to business, as it represents a property of land and buildings that includes its natural sources, such as flora, fauna, crops, parks, pools, etc. that are immovable and exist within Whereas real estate business is the profession of selling, buying or renting these properties.
Real Estate Agents
Buyers and sellers face a challenging situation when matching their goals, and buyers may not receive the right property, while sellers may not get the right price. Real estate agents can help establish a relationship between buyers and sellers and to find the right buyer for a seller and vice versa. These real estate agents are easily available in the market.
Brokers & agents act as intermediaries between buyers and sellers and offer the best service to meet their demands. Agents can assist buyers who are buying and property owners who are renting or selling their properties. As an agent, he listens to their demands and seeks to fulfill them. For a property sold or leased under his supervision, an agent charges about one percent of the price of the property from both parties, Agents use websites to promote the sale of properties, and often work at night and on weekends busy showing properties to buyers.
Things you should know about Real Estate Agents
The benefits of working with agents are immense to those struggling to find a property or a price that suits their interests, but we need to be smart about choosing an agent. Agents are not always going to show you the best properties or tell you all about them. They might get greedy and show you properties that are going to profit them more than you.
On the other hand, property owners might end up, leaving you with paying guests that can trouble you in the future, in fact, as the general goal of an agent is to sell the property as soon as possible, they may excite you and ask you to sell your property at comparatively lower prices than that you expected, and would be getting after some days. It’s better recommended to choose your agent and the other party to buy or sell wisely, after taking your time, and not to get excited about every other offer you get.
New Real Estate Business Mediums in market
Nowadays many online sites and applications have been developed to remove the work of agents. Both parties contact each other directly and choose the deals of their interest. Though this move has increased the transparency between both parties, because being fully online, may result in misleading each other. That’s why it is highly recommended to see the property in person before booking it. The thing that seems to be good and satisfying online can be completely opposite from that what you will be getting in real.
Source by Shalini Madhav