DIFFERENT REAL ESTATE AGENTS DO DIFFERENT JOBS
When you’re looking to buy property, you’re jumping in the middle of a large, and highly organized industry. Real estate is one business that will never completely go away; people will always need to have a place to live, and other people will almost always need the services of someone else to help them manage, rent out, and sell properties. Within the world of real estate agents, there is a distinct order by which everyone abides. There are opportunities for any and everyone to move up, different requirements for each position, and all of the chances in the world for you to meet an agent that is in tuned with your specific needs, and can help you get the results that you’re looking for.
A real estate broker is the boss of a real estate agency. There is special certification, which, like any real estate agent’s requirement, vary from state to state. Some classes may be specifically required, and an aspiring broker will need to pass an exam. Without this certification, you can still be licenced to sell real estate, but you won’t be able to run a real estate company, and employ agents who sell real estate on behalf of your company. Real estate brokers’ salaries are usually made up, in part, of a percentage of selling prices of homes. Some brokers, however, don’t want the pressure of being the only one in charge, and being solely responsible for every agent in the agency. Brokers who choose to work as agents are associate brokers, and they have the same responsibilities as an agent. How this affects their salary varies.
A real estate agent is a person who is licensed by the state in which they live to sell real estate. A real estate agent could represent sellers, buyers, or both. Real estate agents may sell homes, land, commercial use buildings, multi-family homes, or even houseboats. Real estate agents are easy to find, easy to work with, and act as a go-between for owners and potential buyers and potential tenants. Some real estate agents will also do property management, but that is usually a task delegated to a building manager, or landlord. If a real estate agent leaves the state in which they’re licensed, they will have to check with their new state for the licensing requirements, and that could take time, money, and involve course work and paperwork.
A seller’s agent, as much as the name would infer, is a real estate agent that represents a party that is selling a property. A seller’s agent is who you will work with when you are ready to put your home on the market.
Looking for a home is no small feat, and you will know if you’ve ever had to look for a home before. Take some of the weight off of your shoulders by contacting a real estate agent. A buyer’s agent will spend time talking to you about what you want and your budget, track down listings, and show you homes that might work for you.