Wednesday, 6 November 2013

How do real estate agents work both for buyer and seller?

Ajax condos can serve either a buyer or a seller or provide benefits to both of them as a dual agent within their written consent in the sale or purchase of a property. Usually a property is considered as a house, but it might be an empty land or any other structure. A realtor (real estate agent) is a professional, who knows the actual market value of property, can determine benefits and drawbacks to sell a property in future and have proper knowhow about negotiating the price. In addition, real estate agent can help clients in financing a property and he or she typically does their job for a commission in a small percentage on each purchase and sale.

A buyer’s agent
When it comes to buy a house, the first step an agent does is searching for houses within budget range of a buyer as well as the location which should be suitable for the buyer. Actually, they have a robust network with which they can easily find “for sale” properties in prime locations. After searching the houses for sale in Ajax, they visit every site with their client to explain all the positive and negative aspects of each property and give rough estimate of total value of all the properties. They answer all the queries in the mind of buyer. They help the buyer to make an offer and choose offer price for the seller’s agent. All you have to do is know about the fee and expiration date of the contract they have made with the agent.

A seller’s agent
When it comes to sell a property, a seller’s agent helps to fix the price and this price is based on actual sale of similar homes in the same locality. Agent also helps the client to prepare the house to display for getting highest possible value from the buyers. For instance, giving some decorations in the rooms, keeping house interior clean, painting walls and making necessary repair. Afterwards, agents post an ad online and on printing media with picture to attract more buyers.

Once they find a potential buyer, they often work with buyer’s agent and they are invited to make queries and answer the buyer’s agent. Once the offer is accepted, the agent asks the seller to either process the sale or issue a counter-offer.

Bottom Line
Both seller’s and buyer’s agents are properly trained by special classes and on-the-job training as well.


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