What an Agent in Real Estate Does

Typically, real estate brokers focus on either residential or commercial properties. Whether they work for the seller or the buyer will determine how they are expected to perform in either scenario. Listing agents, or agents that represent the seller, counsel clients on how to price and ready a home for sale. They frequently offer advice on impromptu changes to raise costs or promote quicker deals. Listing services, marketing, and the seller agents' professional network are how the property is marketed.

Buyer-represented agents look for houses that fit the buyer's criteria and price range. Typically, these Real Estate Agent in Sunshine Beach use historical sales information for similar properties to assist potential purchasers in formulating a bid.

Subsequently, the agents function as intermediaries between the primary parties, facilitating the exchange of offers, counteroffers, and other queries, effectively conducting negotiations on behalf of the client. Agents on both sides will have work to do when a bid is accepted: guiding their clients through the paperwork, corresponding on their behalf, offering advice on moving and inspections, and generally seeing the sale through to closure.

It's important to understand which party a Real Estate Agency in Sunshine Beach represents throughout a real estate transaction: the seller, the buyer, or both. The real estate agents' actions during the transaction might be greatly influenced by the party they represent and have a fiduciary duty to. The legal term "dual agency" refers to the ability of an agent to represent both parties in a real estate transaction; state regulations govern this ability. 




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