Keith Ellis Armidale Estate Agents

Estate agents are rewarded for finding homes for sellers by becoming a record agent for executing the sales contract with the seller.

Keith Ellis Armidale The seller pays 6 per cent of the purchase price of the home as a 'property commission', with half going to the buyer's agent and the other half to their own estate agent.

To better understand brokers and agents, we take a closer look at the role of an estate agent, followed by his role as an agent and the qualifications required.

Understanding the roles and qualifications of different types of real estate professionals can give you a better understanding of the type of real estate professional that best suits your needs.

While some estate agents are dual agents (i.e. do both), it can sometimes be more advantageous to work with a broker who specializes in your needs.  
   
An estate agent is a professional who helps with the purchase and sale of real estate and has acquired a real estate license.

Keith Ellis Armidale However, in general, anyone who has obtained a basic real estate license, which includes a certain number of accredited courses and an examination, can be described as an "estate agent." In almost all states, a real estate agent must work with a real estate agent or broker - a real estate agent who is more experienced and licensed.

Not all brokers are brokers, but they are licensed real estate agents, and some are engaged in something related to buying and selling real estate, such as a home, a business, or an investment property.  
   
A dual agency is when a single real estate agent or broker represents both parties (i.e. buyer and seller) in a real estate transaction.

A stockbroker helps broker or arrange the listing of a property through a company affiliated with the MLS, such as the National Association of Realtors (NAR) or the Real Estate Board of America (RBA).

A dual agency agent is a licensed professional who can arrange real estate transactions by assembling buyers and sellers and acting as their agent in negotiations. This applies to the person (s) who are the buyer or seller, as well as a broker or agent's office.

Keith Ellis Armidale If you see multiple listings from the same agent, or if the "sell" banner goes up quickly, look for an estate agent.  
   
If you do not know the agent personally, visit the agency and talk to several agents before making a decision. Before you consider a real estate agent, you need to be someone you trust and ask yourself, "What is this real estate agent doing that I should be doing?."