Real Estate Agents

What Do Real Estate Agents Do?

Did you know that there are more than two million real estate agents in the US? With the housing market as hot as it’s ever been, real estate can be a lucrative career and help people get into their dream homes.

Have you ever wondered, what do real estate agents do? Here is a brief real estate agent guide so you know what to expect from them.

Facilitate Purchase Agreements

It can feel overwhelming to wade through all of the paperwork when you want to buy or sell your home. Real estate agents can do the heavy lifting for you when it comes to making sure everything is in order to ensure the sale.

You can count on companies to negotiate with sellers and buyers to make sure that you get the best deal possible. They will often communicate with other agents before they come to an agreement that works for both parties.

Set Up Open Houses

Open houses are a great way to showcase a property to a number of interested buyers. The real estate agent can give group tours and efficiently show the home without having to schedule individual appointments.

Real estate agents also contact staging companies to set up furniture and accessories in the home before the open house. This is helpful if the owners had to move or they wanted to get a head start on packing beforehand.

Help Potential Buyers Find a Home

Real estate agents also help people find a home when they want to buy. For this task, they research listings in the area that are within the buyer’s preferences. Some of the most important factors include lot size, budget, and location.

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Usually, the real estate agent picks a few choice homes to show that fall the most into the buyer’s top preferences. Then they can show these homes off before they start making offers.

Communicate with Loan Officers

When you buy a home, you will most likely be getting a mortgage, which is a long-term loan that you will pay off to own your home. After you get a loan approved, you need to find a home that is within your loan amount.

Once you have your heart set on the perfect property, your real estate agent will then contact the loan officers with the exact amount of the purchase, which includes closing costs and the commission for the real estate agent.

What Do Real Estate Agents Do?

You may still be asking yourself, what do real estate agents do? With this handy guide, you can know exactly what to expect from your real estate agent when you want to buy or sell your first property.

Would you like to learn more about all things related to real estate? Check out our site for more real estate agent tips and tricks today.