7 Duties of Real Estate Agents, Here’s What You Can Ask Of Them

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7 Duties of Real Estate Agents, Here’s What You Can Ask Of Them

Real estate agents can help you sell, buy, or rent properties. Check out the things you can ask for from a property agent in this article.

7 Duties of Real Estate Agents, Here's What You Can Ask Of Them

 

When you start having trouble selling, buying, or renting property, maybe this is the right time for you to hire the services of a property agent. However, of course you can’t just choose because the profits you get will depend on the role of a property agent.

To know more about real estate agents, this article will cover:

  1. What is a real estate agent.
  2. Duties and obligations of property agents.
  3. Benefits of using the services of a property agent.
  4. Tips for choosing a real estate agent.
  5. Meaning of area specialist property agent at watermarkoldtown.com

What is a Property Agent

What is a Property Agent

Property broker or property broker is another term for property agents who have the task of intermediary between investors or buyers and sellers. Property agents offer services that simplify the process of buying and selling and renting properties. Property agents are grouped into two, namely independent agents or individuals and agents under the auspices of the company.

Property agents under the auspices of the company are certified agents. You can choose an agent from a trusted property agent company. Property agent companies are regulated in the regulation of the Minister of Trade concerning Property Trade Intermediary Companies.

Some of the things that are regulated include property agent companies must have a Property Trade Intermediary Company Business License and have at least two experts as company leaders and a property agent. Not only that, the matter of the commission has also been regulated as follows.

  • 3% commission : for selling price less than or equal to Rp1M
  • 2.5% Commission : for selling price between Rp1M to Rp3M
  • 2% commission : for selling price greater than Rp3M
  • 5% commission: for rental and property contracts

Duties and Responsibilities of Property Agents

Duties and Responsibilities of Property Agents

In addition to being an intermediary between buyers and sellers, property agents also have several other tasks that are not simple. The following are 7 duties and responsibilities of a property agent.

1.Provide actual information to clients about current property conditions and prices and make the right property listings for buyers based on price ranges and needs.
2. Provide advice and solutions to sellers so that the properties offered are able to captivate the hearts of buyers and are able to influence potential clients to buy, sell, and rent properties.
3.Comparing the same type of property in an area to determine competitive prices.
4. Guiding buyers and sellers during the transaction process.
5.Manage contact lists and all necessary documents, including rental or purchase agreements.
6.Promoting properties through advertisements, listing services on property portals, and open houses.
7. Display property listings marketed to potential buyers.

Benefits of Using Property Agent Services

Benefits of Using Property Agent Services

Here are some of the benefits of using the services of a real estate agent.

1. Usually a professional property agent already has a specialist area. When marketing property, property agents already have a good understanding of the environment and prices. This will help potential buyers when they want to ask about the benefits of investing and the condition of the living environment. Meanwhile for home sellers, the advantage of using property services is that you no longer need to do research because property agents already have data about the potential and shortcomings of your property location.

2. Saving time and focusing on sales are other benefits of using the services of a property agent, you don’t need to spend time receiving many phone calls from potential buyers because the property agent will screen them for you.

3. The next benefit is to speed up the sales process because the property agent has a strategy in marketing the property entrusted to him. In addition to good marketing techniques, they also have an extensive database and connections in marketing properties. Agents also usually exchange information on buying and selling homes to speed up the selling process.

Tips for Choosing a Property Agent

You should not arbitrarily choose a property agent because this is related to the success of selling, buying, or renting property. As reported by Beritasatu.com, here are 6 tips for choosing the right property agent.

1. Find out the profiles of property agents and their companies online, ranging from credibility, how to market properties online, to effectiveness in finding potential buyers.

2. Check the reputation of the property agent from the licenses and awards held. In addition, the websites of well-known agency companies are usually listed with outstanding agents. This can be your reference in choosing a property agent at the company.

3. Prepare some questions to interview several property agents before making a final decision. Ask specific questions about their experience, sales history, and strategies at work.

4. Ask for references from several previous clients. Ask how the agent works, how long the property has been on the market, how the agent is able to negotiate, and at the next opportunity whether they want to use the services of the property agent again or not.

5. Choose an agent who has expertise in the area you want and has proven to have sold properties in that area.

6. Look for an agent who has good negotiation skills and can be relied on.

Meaning of Area Specialist Property Agent at watermarkoldtown.com

Meaning of Area Specialist Property Agent

 

Find a trusted property agent by name, company, phone number, and sales history on the watermarkoldtown.com site. You can also search for property agents by region or special expertise such as apartment sales and commercial or industrial.

Not only that, to make it easier for you, watermarkoldtown.com provides area specialist property agents, namely those agents who have good knowledge and listings in the area. This can give you better insight and profit.

How to take advantage of the area specialist features at watermarkoldtown.com is to download the watermarkoldtown.com application on your smartphone. Then click the menu in the upper left corner, click Find Agent, select Area Specialist Agent, and select the area you want to go to. After that, you will see a list of property agents and their sales history. Choose the best according to you.

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