Why Seek the Help of a Real Estate Agent
Normally, the percentage would run from 4% to 6%. However, this could still vary depending on the agreement between the broker and the homeowner.
Why enlist real estate agents? Why not sell or market the house on your own?
Well, as we have said earlier, the process of buying and selling real estates does not fall on elementary conditions. It is bounded by complex tax regulations, marketing and advertising schemes, and complicated mediums of selling. Thus, for ordinary people who have no orientation on either sales or laws, selling real estates is not just difficult, it is undoable.
Besides, real estate agents are in a way the authorities in the market within their communities. They know exactly how to give prices on various properties and they know exactly which property would best suit a future owner. They also have the access on financing as well as the laws and local zoning.
In a nutshell, real estate agents are the intermediaries between the sellers and the buyers.
Real estate agents are normally independent workers who work on a contract basis with real estate brokers. Brokers are the business people who sell other people's real estate properties, or manage them for a fee. These brokers would give the agents commission on the sold properties.
However, both agents and brokers could go beyond the sales. They also spend significant amount of searches and time to obtain listing of properties that would agree to fall under their firm. This may sound easy enough since there are lots of people who always search for assistance but this is further from the truth as you might have first perceived. Often, this would set the difference between succeeding and failing. In the absence of properties to sell, there is logically no earning. But that doesn't stop there.
Even with some listing of properties, there is still no assurance of succeeding unless they have established themselves enough. This will vary depending on the credibility the agents and brokers have gathered, the accomplishments, the years they have existed and their fang with competition.
Most real estate agents and brokers contract and sell residential properties. However, some focus or at least specialize on industrial, commercial and agricultural types of real estate. Each specialty would need a great extent of knowledge on the field.
As with the process, this often starts with the meeting between the agent or the broker and the client. This would supply enough information and the feel of what property suits the client. This would also establish rapport between both parties which would help them become transparent with each other. His qualifying stage would also help determine the extent of how much the buyer could afford. In fact, the acquaintance between both sides would help create a good environment. After the initial meeting, they might meet for several times more and discuss on the agreements and issues they both would be facing.
Related Tags: selling a home, sell houses, selling houses fast
Mario Churchill is a freelance author and has written over 200 articles on various subjects. For more information on selling houses fast checkout his home selling tips.
Your Article Search Directory : Find in ArticlesRecent articles in this category:
- Qualifying Equals More Sales and More Income
In my experience in the new home sales industry and the opinion of the top producers across virtuall - Questions From Home Sellers
Home sellers have been contacting me about selling their homes with the question: "Should - Top 10 Reasons You Can Sell More Real Estate With A Podcast
A lucrative career in real estate used to mean shaking a lot of hands and praying for favorable mark - How Important is a Real Estate Appraisal?
A real estate appraisal is necessary any time you buy or sell any kind of real estate. The purpose - Window Treatments Can Help Sell Your Home - Let a Home Stager Show You How
New window treatments can make a world of difference when selling your home. They can add value and - Sell Land Contract Agreements for Cash To Professional Note Buyers
You can sell land contract agreements to a professional note buyer for a lump sum of money. Many peo - Selling With A Real Estate Representative
Selecting a RealtorFinding the right real estate representative takes some time and care. A good pla - How To Prepare For An Open House
To further maximize exposure, your Realtor may recommend you hold one or two types of open houses as - Home Selling Tips - Tips On Selling Your Own Home And Preparing Your Home For Sale
Top Ways to Boost Your Homes ValueSelling your home is a major life event; buyers and agents will co - Geez, Where Has Your Success Gone?
Has your well gone dry? Over the past several years most real estate agents appeared to get by. Some
Most viewed articles in this category:
- Great Curb Appeal: Your First Line Of Defense For Selling Your Home
Trying to sell your home without "Great Curb Appeal" is an uphill struggle. Without pristine curb a - Dependable Recumbent Bicycle Dealers
Recumbent bikes place the cyclist in a laid-back, easy chair riding or reclined posture. Unlike conv - Prospecting for Real Estate Clients is Not a Short-term Activity
Have you ever mailed a prospecting letter to 100 or even 500 homeowners in your neighborhood, waited - Free Home Staging Tips that Make Your Home Sell Faster
A 2006 Chicago Tribune article cites a National Association of Realtors (NAR) study validating the i - Putting Your Best Foot Forward When Selling Your Home
As the real estate market cools off, it is important to focus on the fundamentals if you want to sel - Home Loan Finances
You can take a loan from banks or lending companies. Banks and such companies have their set criteri - Selling Your Gilbert Home in a Tough Market
Selling Your Gilbert Home When No One Is Making An OfferThis may seem like a terrible time to have y - Real Estate Market for Sellers in 2007
For much of this decade, sellers have sat in the cat seat when it comes to the real estate market. A - Staging, Selling Your Home For More Money
In the middle-of-the-road housing market, homes are remaining for sale longer than they did about on - Trying to Sell a Home with Little or No Equity
Many homeowners are sweating finances these days. For a variety of reason they are in over the head