Real Estate Agent
What It Is:
A real estate agent, working on behalf of a licensed real sales transaction.broker, is a licensed professional who works on behalf of the buyer and seller of real during a
How It Works/Example:
A real will help negotiate a transaction between the buyer and seller, documenting the exchange of terms and conditions, and representing either or both parties at the settlement (the closing of the transaction where the real is transferred and money is paid). Real agents may also help with other aspects of a transaction, including inspections, legal documentation, and even financing. These services are usually secured by referral by real agents and not provided as part of the real agent's fees.agent, working on behalf of a real broker, acts as an intermediary between sellers and buyers. A real agent attempts to find sellers who wish to buy and sellers who wish to sell specific locations. In addition, an agent
Real market their services and attempt to secure an "exclusive" listing, the right to represent the property owner in any sale of his or her property. In the event that a sale is actually completed by another agent, the commission is usually shared.agents
A real real estate). The commission is usually paid by the seller at the closing (i.e. final transfer of property and money).agent usually works on a commission (depending on the location, market, and prevailing laws, a commission somewhere between 3.5% - 7% of the purchase price of the
In the United States, realagents must be licensed in order to receive a fee for their services.