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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 Services News
Houston-Based Real Estate Developer Closes More Than $75 Million in Healthcare ... - MarketWatch (press release)
Houston-Based Real Estate Developer Closes More Than $75 Million in Healthcare ... MarketWatch (press release) Medistar Corporation is a full-service real estate development company that specializes in the design, development, financing and construction of healthcare real estate. The company focuses on medical office buildings, integrated medical plazas and ... |
CBRE Group reports a boost in revenue - Los Angeles Times
 GlobeSt.com | CBRE Group reports a boost in revenue Los Angeles Times Although fourth-quarter profit fell at CBRE, the real estate services provider saw higher revenue, helped by growth in its property sales and outsourcing businesses. By Roger Vincent, Los Angeles Times Real estate services provider CBRE Group Inc. CBRE quarterly profit beats Street, shares fall CBRE Group, Inc. Selected To Provide Property Management And Leasing Services ... CBRE Group Inc. Earnings: Fifth Straight Quarter of Shrinking Margins as Net ... |
American Realty Capital Changes Name to AR Capital Reflecting Expanded ... - MarketWatch (press release)
American Realty Capital Changes Name to AR Capital Reflecting Expanded ... MarketWatch (press release) AR Capital History and Focus: AR Capital was founded by Nicholas S. Schorsch, William M. Kahane, Michael Weil, Peter Budko and Brian Block in 2006 as a full-service real estate investment management firm providing advisory services to retail and ... |
Mayer Brown City real estate chief joins US rival as London office head - Legal Week
 Legal Week | Mayer Brown City real estate chief joins US rival as London office head Legal Week US firm Katten Muchin Rosenman has hired Mayer Brown City real estate head Peter Sugden as its new London managing partner. The firm said the appointment had come as part of its expansion plans in its core areas of real estate and financial services. Mayer Brown property and DCM heads quit for US firms |
MIPIM Launches RE-Invest: The Real Estate Summit for Institutional Investors - MarketWatch (press release)
MIPIM Launches RE-Invest: The Real Estate Summit for Institutional Investors MarketWatch (press release) ... System of Texas (United States), MN Services (the Netherlands), First Swedish National Pension Fund (AP1) (Sweden) and Dutch Railway Pension Fund (SPF) (the Netherlands) to discuss the key issues facing the real estate financial community today. |