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The Realities of Real Estate Agents
from:With the sale of property wrapped up in laws, guidelines and ordinances, competent real estate agents are just the type of professional many do not like to go without. The purchase or sale of property can sometimes be confusing and intimidating, especially for those who are new to the world of real estate. Real estate agents and their specialized knowledge not only work to create a smooth buying or selling experience, but an educational one as well. The agent who is not able to provide this for his or her clients is not likely to find themselves in great demand.
Real estate agents are commonly referred to as sales agents, as they work to get their clients the highest price when selling and the lowest price when buying. Because of the number of aspects involved with the buying and selling of property, becoming a real estate agent requires one to meet all licensing requirements for their state of practice. Thanks to the advent of the internet, training for a real estate license can now be obtained through accredited online courses. Sellers or buyers acting on their own behalf do not require licensing. Likewise, in some states, attorneys can also act as an agent without needing to meet state licensing requirements.
In the world of real estate, there can be some confusion as to the difference between Realtors, real estate agents and real estate brokers. While agents work for others and focus mainly on sales, brokers often take on their own branch responsibilities. Realtors are those who are a combination of a broker and agent. Each type of agent has their own level of schooling, training, and exams that must be successfully passed in order to obtain a legitimate license for practice. Practicing without a license is both unethical and unlawful. As an unfortunate number have found, those who use unlicensed professionals leave themselves open for no compensation under the law should a transaction hit a snag and go terribly wrong.
Legitimate and ethical real estate agents are those who display their license number prominently and welcome all inquiries into their background and sales experience. They also regularly renew their license in order to continue practicing legally. While some agents work for a firm or other prominent outfits, others work as free agents or proprietors of their own agencies. For the most part, agents work on a commission. Depending on whether they work for a firm or their licensing and experience, many agents will offer their clients a number of helpful services related to the sale or purchase of property.
Real Estate Appraisals News
How to avoid a low home appraisal - Newsday
 Newsday | How to avoid a low home appraisal Newsday Real Estate Newsday > Classifieds > Real Estate Print Aa How to avoid a low home appraisal Published: May 23, 2012 11:51 AM By JAY MACDONALD bankrate.com Thinking of buying or selling a home? Even when both sides agree on a price, the deal could fall ... |
Real Estate & Staff - Kearney Hub
Real Estate & Staff Kearney Hub Ag Navigator Real Estate is a licensed Nebraska Limited Liability company that specializes in agricultural sales, farm management and appraisals. Our representatives are located throughout the state with offices in Kearney and Bertrand. |
Accuracy of Appraisals Is Spotty, Study Says - New York Times
Accuracy of Appraisals Is Spotty, Study Says New York Times Excessive purchase prices — many based on faulty property appraisals — were a major factor, specialists say. Now, a new study has found just how inaccurate these appraisals can be. Using data from thousands of securitized real estate bonds in which ... Inaccurate appraisals contributed to real estate crash |
Real Estate Agencies in the UK Industry Market Research Report now updated by ... - San Francisco Chronicle (press release)
Real Estate Agencies in the UK Industry Market Research Report now updated by ... San Francisco Chronicle (press release) A fall in property prices during 2008-09, combined with risk-averse lending institutions making finance harder to come by, cut revenue for real estate agencies. 2008-09 was the worst year with an 8.5% fall in revenue triggering office closures, ... |
Elizabeth Green Named Industry Liaison for the Appraisers Guild of America - National Mortgage Professional Magazine
Elizabeth Green Named Industry Liaison for the Appraisers Guild of America National Mortgage Professional Magazine "The industry is struggling to adapt to an increasingly complex regulatory environment and the impartial role that a real estate appraiser plays in the housing sector has never been more vital,” said Peter Vidi, president of the Appraisers Guild of ... |