Real estate agents are professionals that are certified and licensed by the state to represent purchasers and sellers property transactions. These agents are usually contracted by realtors or brokers that have acquired requisite training and certifications. Real estate agents work on a commission or offer a flat fee mls listing and therefore you ought to find one that illuminates suitable terms. Seller and buyer agents have different roles, and therefore property owners must choose one that represents their interests adequately. Sellers’ agents have the enormous responsibilities of preparing the house for sale, improvements of the house and advertising.
Ideally, a seller’s undertakes the same roles as a listing agent. A listing agent represents the interests of the seller, and the property sale is typically based on a listing agreement. The listing agent may have exclusive rights to sell from the seller, and in this regard, he is entitled to a commission thereto. Brokerage firms own the listing agents, and they are thereby bound to act within the confines of such authority. In most occasions, the listing agent is regarded as the seller’s agent because there is an aspect of dual representation and indeed the roles of the two are entwined.
In this regard, listing agents are crucial in property transactions, and therefore you should be mindful in their selection process. The following traits could enunciate an ideal agent.
It is imperative for an agent to use his best knowledge and facilities to advance the interest of the seller. Most listing agents have websites that are crucial in reaching a wider audience and target market. Websites act as effective advertisement platforms, and they are preferred due to the fact that E-commerce has become integral in most economies.
Honesty and integrity
A listing agent has a fiduciary duty to act in good faith and advance the interests of the seller with due diligence. The seller puts his trust on the agent and therefore the agent should and must act in such regard. The listing agent must always share pertinent information with the seller because withholding information may hamper the deal in its totality.
The real estate market is dynamic, and therefore listing agents are required to be adaptive for them to have the edge over competitors. Such dynamism makes it imperative to hire an experienced agent that has adequate knowledge on the market. Experience makes it easy to predict challenges and take necessary measures to inhibit his principal from losses.