How a Real Estate Agent Works
If you’re looking to buy or sell a home, chances are you will work with a real estate
agent. But how exactly does that person do their job? In this article, we’ll take a look
at what a typical day might be like for a real estate agent.
The first thing that a real estate agent does every day is find clients. This is done by
networking and meeting with people in their sphere of influence, which can include
friends, family, neighbors, coworkers, classmates, and acquaintances. They will
often give out business cards and follow up with phone calls, emails, or regular mail
to keep their name fresh in the minds of potential clients.
Once an agent has found clients, they will then work to close on the sale of a
property. This involves communicating between the buyers and sellers, relaying
offers and counteroffers, advising on inspections and appraisals, and shepherding
the sale through to closing. Some agents even conduct a final walkthrough of the
property with the buyer before closing to ensure there is no damage from a move-in
or other events.
Depending on whether they are working for the seller or buyer, an agent will also
help them with their marketing strategy. This can include getting professional
photos taken of the property and listing it on the local MLS, as well as creating print
and online advertisements for their client.
Agents who are working for the seller will often provide advice on how to stage a
home so that it appeals to the highest number of potential buyers, such as removing
clutter or putting up fresh flowers. They will also handle any negotiating with the
buyers and assist in finding and scheduling any necessary repairs to make the
transaction go smoothly. For more info https://www.martinlegacyholdings.com/
On the other hand, agents who are working for the buyer will search for properties
on the market that match their client’s price range and wish list. They will show
them the homes they are interested in and help them make an offer once they have
found a home that fits the criteria.
During the closing process, an agent will communicate between both parties, as well
as the mortgage lender and any title or escrow agents involved in the sale. They will
also review all closing documents to ensure accuracy and make sure that all
conditions in the contract have been met before transferring the deed to the new
Most agents also pursue additional education, training, and certifications to improve
their skills and marketability. This may be in the form of real estate courses,
webinars, or seminars. While obtaining these credentials isn’t always a part of a
daily job function, it can be a crucial component to their success in the industry.
Some agents even become brokers, which means they’ve undergone more rigorous
licensing and educational requirements and can independently work on their own or
hire other agents to assist them with clients. This can also lead to higher commission rates, which in turn can boost their bottom line.