Purchasing or selling a property is not an easy job, especially if you need to do it on your own.
You need a real estate agent who can perform the tasks on your behalf to save your time and keep you away from any kind of hassles.
But, many of us don’t know much about a real estate agent’s responsibility.
What can you expect them to deliver?
And how would you evaluate them?
So, in this post, we will highlight a few of the responsibilities that your real estate agent (http://realestate.about.com/od/isrealestateforyou/p/agent_daily.htm) should be able to fulfill.
Available To Serve Whenever You Need
A good real estate agent in Key Biscayne or anywhere in the United States should be available whenever you need. The agent must be available to do all the required hunting for you to find the right buyer or seller.
A real estate agent’s responsibility lies in running it as his core business to serve customers. But, busy real estate agents serving businesses other than real estate may not have suitable time to entertain your requests. So, it is paramount to have an agent who is highly available.
Provide Timely Responses
The agent should be able to provide timely responses and responsible enough to work on weekends and even at odd hours.
The agent’s working schedule needs to be flexible and predictable. This enables you to approach him anytime. Most of the people look for buyer and sellers for their homes only during holidays, weekends and other non-core business hours.
A responsible real estate agent understands this and makes his working hours suiting to his clients.
Developing Business Connections
A real estate agent should know the in and out of his locality. If the agent is in the business for a long period, it will get him a large number of valuable connections across his locality and thereby the best deals for his clients.
Building connections and local knowledge are a core responsibility of a real estate agent to bring in better negotiations when it comes to property dealings.
He should be well-versed with the volatile market prices and the pitfalls of the real estate market before he starts to entertain your demands.
Developing connections will provide him with a vast knowledge and resources to perform your job much quicker.
Possessing Legal Knowledge
This is vital as a real estate agent needs to ensure that the property you plan to buy or sell is free of legal complications.
It is the core responsibility of a real estate agent to know in and out of the property legalities to bring genuine buyers or sellers and avoid unnecessary hassles later.
A real estate agent should always be on his toes to at the first stage of property dealing itself.
Ability to Negotiate
A good real estate agent should be able to communicate and negotiate well to ensure the property bought or sold is a real value for money.
The real estate agent should speak the local language when needed and know the local way of dealing to maximize the benefits for his clients.
The agent should have extensive knowledge of the real estate pricing and how to close a deal right.
Charge on Deal Closure
Most of the real estate agents charge a commission on the final deal value. A good real estate agent should charge only when the deal is done and not for every transaction before the deal closes.
He should let his clients know in advance of his commission structure and be willing to answer any of the queries that might arise regarding his commission. The agent should be flexible with commission norms as the transaction value could vary according to the property he is dealing with.
So, have you hired a real estate agent yet? Do you plan to buy or sell out your property? Does your real estate agent serve the aforementioned responsibilities or more? Do you have any points to add here? Please leave your comments below and thanks for reading!
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