A real estate agent is a licensed professional who represents buyers or sellers of real estate. They are trained and educated in the legal and financial aspects of the real estate market and are able to help clients navigate the process of buying, selling, or renting properties. Real estate agents typically work on commission, which means they are paid a percentage of the sale price of a property when they successfully help a client buy or sell a home. They may also be referred to as real estate sales agents or brokers.
What Do Real Estate Agents Professionals Do?
Real estate agents perform a variety of tasks to help clients buy, sell, and rent properties. Some of the specific duties of a real estate agent may include:
- Helping clients find properties that meet their needs and budgets by showing them available listings and providing information about the local real estate market
- Advising clients on the best price to offer for a property, based on market conditions and comparable sales
- Negotiating the terms of a real estate transaction on behalf of the client, including the price and any contingencies
- Assisting clients in preparing and reviewing documents such as purchase agreements and mortgage documents
- Marketing properties for sale or rent by listing them on the multiple listing service (MLS) and other websites, creating flyers and brochures and holding open houses
- Providing clients with information about the local community, including schools, amenities, and transportation options
- Keeping clients informed about the progress of a real estate transaction and addressing any issues that arise
Real estate agents work with clients who are looking to buy, sell, or rent residential, commercial, and industrial properties. They may also specialize in a particular type of real estates, such as luxury homes or vacation properties.