In the recent years, the Real Estate Industry has witnessed tremendous growth. With the ever increasing demand of properties for industrial and residential purposes, the role of Real Estate Agents has become more significant in such transactions. Usually, the primary role of the Real Estate Agent is to act as an intermediary between the sellers and the buyers. But the changing scenario has led to the precedents where buyers and sellers prefer separate Real Estate Agents so as to obtain impartial and specialized services.
In the current time, Real Estate Agents are a vital component in any property transaction owing to their specialized knowledge and understanding of the Real Estate Sector. Besides locating suitable properties as per the demand of their clients, Real Estate Agents have started undertaking certain specialized roles which are listed below.
- Comparative Market Analysis Comparative Market Analysis refers to the estimation of value of a property in comparison to others. It is a specialized job to evaluate the current value of a property. The Real Estate Agent is responsible to determine this value and convey it to the buyer or the seller, whomsoever he represents.
- Marketing Real Estate Agents play a significant role in the marketing of the property to be sold. They may resort to online techniques or the conventional methods to familiarize the prospective buyers with the property.
- Guidance In Selling Owing to their vast knowledge and experience in property transactions, Real Estate Agents facilitate and guide the sellers during the selling process. Their role becomes particularly very important for the sellers who are completely unaware to the selling procedures.
- Preparing Contracts And Documents Real Estate Agents are also involved in the preparation of all kind of paperwork including contracts and documents. The terminology of documents is often not easy to understand for the lay man. Real Estate Agents serve as the interpreter of the legal terms and conditions stipulated in the contracts thus guiding the seller through the transaction.
4 Comments
Delhi Properties
05 June, 2012 at 4:48 am
The real estate agent has the responsibility of establishing a relationship with their client and pursuing all means in which to fulfill the request of the client with regard to real property transfers.
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resalepropertiesgurgaon
05 June, 2012 at 4:49 am
The agent has the responsibility of establishing a relationship with their client and pursuing all means in which to fulfill the request of the client with regard to real property transfers.
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eBUILD (@e_BUILD)
01 June, 2012 at 5:07 am
Agreed! Real Estate Agents these days have become very proficient and contribute greatly to success of the sector.
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Home Loans advisor Gurgaon
28 May, 2012 at 11:28 am
Finding a good real estate agent / broker is essential to enjoying a painless real estate transaction. The saying is "20% of the agents do 80% of the business," and it is true.Successful agents make customer satisfaction their number one priority and put their customers' needs before their own
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