What Does a Real Estate Agent Do?

Whether you’re buying or selling a home, you’ll likely work with a real estate agent

to complete the transaction. A good agent can make the process much easier for

you and make sure you’re taken care of from start to finish. But what exactly does a

real estate agent do on a day-to-day basis? Aside from meeting with clients, listing

properties, and showing homes to potential buyers, there’s a lot more to the job.

 

The average real estate agent works with a number of different people throughout

the day, from potential buyers and sellers to mortgage lenders, home inspectors,

and other real estate professionals. A typical day includes attending networking

events, making phone calls to potential clients, and meeting with clients to discuss

their real estate needs. They may also meet with other real estate agents or brokers

to learn about new listings or to discuss the local market, and they’ll often attend

regular office meetings to stay up-to-date on price changes in the area.

 

Real estate agents must be licensed in order to work in the field, and they typically

earn a commission from the broker they’re working with on each sale. They decide

which clients they take on and when, as well as how many hours they want to work.

They can also choose to work for discount brokerages that pay a base salary in

addition to commission.

 

If an agent works with a buyer, they’ll help them find properties that match their

budget and preferences. They’ll send them listings, tour homes with the client, and

advise them throughout the process. They’ll also assist with applying for a mortgage

and helping to negotiate a deal. Also read https://www.dignityproperties.com/who-pays-closing-costs-tennessee/

 

Once a home has been found, the real estate agent will help their client with

preparing to close on the property, making sure all paperwork is in order and that

any issues are resolved before closing. They’ll also help their client read through and

understand the closing documents and answer any questions they might have.

 

Depending on the state where you live, you may have the option to work with a

dual-agency real estate agent, which means that the agent represents both the

seller and the buyer in a real estate transaction. While this is allowed in some states,

it’s generally not in the best interest of either party and can lead to conflicts of

interest. If you’re considering working with a dual-agency real estate broker, check

their license status online to ensure they have a clean record and aren’t currently

facing any disciplinary action. To get started with your home search, apply for a

mortgage now with Rocket Mortgage(r). We’ll get you pre-approved and ready to

begin touring homes sooner. Getting ahead on the mortgage process is one of the

best things you can do when house hunting. Learn more about the responsibilities of

real estate agents in our blog post.