Intro to Real Estate Agents



Posted: Tuesday, September 14, 2010

by Mark Lucas
NLP Patterns

If you have decided to find and buy real estate or residential or commercial it is one of the most important decisions a person can do. Especially if you buy a home for personal use it will become more prominent in the decision. It combines your personal hopes, dreamsand those of your family. Therefore it is in your interest to choose an experienced real estate agent who listens and understands your needs.

Real estate brokers and agents are the people who work in real estate. They can help buyers and sellers of real estate, whether it be house, apartment or other type of real estate. Real estate broker is a person acting as an intermediary between sellers and buyers of real estate and attempts to find sellers who wish to sell and buyers who wish to buy.

In U.S., real estate agents or brokers assist sellers in real estate sales and marketing for the highest possible price in the best conditions. When the agent signed an agreement (or in many cases, verbal agreement), they assist buyers by helping them purchase property in the best possible price under the best conditions. Without a signed agreement, brokers may assist buyers in the acquisition of property but still represent the seller and the seller's interests.

Given the agent successfully finds a suitable buyer for the property, the broker receives a a commission, or brokerage services. In North America, it is usually 5% to 7% of the price to be considered a "standard" for residential real estate. Commissions negotiable between seller and broker. Commission can also be paid as a fee or some combination of fixed fee and percentage, especially if the property is cheaper, or other unusual properties.

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