Real Estate agents are professionals who help to bind the buyer to the seller. A lot of real estate agents even do rentals where they bind tenants with landlords and also hold the property on the landlords’ behalf. The real estate agents work by bringing the two stakeholders together and paying a fee for their services. For sales, they charge commission only to the seller but the fee is paid to all parties involved in the transaction for rentals (i.e. the agent controlled rentals). In general, real estate agents measure their fee as a percentage of the purchase price (for sales) and as part of the rent (for rentals). People who wish to sell / let their property leave the details of their property with the real estate agent (and usually even leave the keys to the house so that the real estate agent can arrange for viewing without getting them into any trouble).Learn more by visiting selling a home
The other interested party (i.e. the buyer / tenant), by contacting the real estate agent, obtains access to this material. So, the real estate agents are becoming a hub of knowledge. Many home seekers (including real estate investors) use real estate agent services not only to get good deals but also to get them fast. Since real estate agents are probably most familiar with the market condition in their field of service, it makes sense to contact them and get an idea of the rate going for property in that field. Real estate agents will usually know the prices of various types of property, and at various locations in the area. Using the advice obtained from a good real estate agent, a property seller will probably get several thousand more for his / her house.
A good real estate agent will also consider a home buyer / tenant’s needs and provide advice as to what kind of home they might find within their budget. So a good real estate agent will not only give the buyer / tenant a list of available properties but will actually discuss their needs and make a suggestion. In fact this works in two ways in favor of real estate agent. First, if the real estate agent can sell the house they get their commission and second, if they can make the buyer happy they earn a good reputation (and therefore more business). It is worth remembering though that real estate agents are acting on behalf of the seller. Articles from SoComputer Technology, beware if they try too hard to sell a house.