How a Real Estate Agent Works

A real estate agent is a licensed professional who guides clients through the purchase or sale of real property, including homes, apartments and land. Typically, they work under the supervision of a real estate broker.

Depending on their role, agents may be responsible for several different duties. Here are some of the primary responsibilities of a real estate agent:

Finding or Listing Properties

As a buying agent, your main job is to find houses that match your needs. This means searching through the multiple listings service and identifying homes that have features you’re looking for. It also means locating homes that have recently sold and researching their sales prices to estimate the value of your potential new home.

Making Offers on Homes

When you find a house that you want, it’s time to make an offer. This is where your buyer’s agent comes in handy, helping you come up with a competitive offer and negotiate with the seller to get you the best deal possible. More info

Mortgage Pre-Approval

A skilled real estate agent is going to help you prepare and submit a loan application so that you can secure a mortgage. This is a vital step in any home buying process, as it can be the difference between getting approved for a mortgage or having it fall through. It’s important that your buyer’s agent keeps track of your progress and helps you ensure that your application is on the right track before submitting it.

Showing Houses

A buyer’s agent is responsible for setting up appointments with buyers to view a home. They will also arrange to have the home inspected to ensure that there are no problems that might prevent a sale from closing.

The best agents are knowledgeable about local market trends and will be able to use their experience to find you a home that matches your budget. This can be very beneficial, especially in a fast-moving or shifting market.

Sending information to the lender required for a mortgage

If you’re buying a home, you will need to send your agent a list of documents and information that they will need to submit to your mortgage lender. These documents will include things like your employment history, financial status and debt payments. This is an important part of the mortgage application process and can save you a lot of time down the line. Click here


Creating a Virtual Tour of Your Home

Once you’ve found a home that you think is perfect for you, it’s time to create a virtual tour of the property. This can be a great way to attract more attention to your home and make it stand out from the crowd of other listings.

Getting the Price Right on Your Home

If your home is priced too high, it could take longer to sell. You might also find that the property doesn’t attract as many interested buyers as you hoped it would. This is where a listing agent can help you determine the proper price for your home and show you examples of comparable homes so that you can see how much similar properties are selling for.