by Amar REALTOR® | June 28, 2022 6:56 pm

What does a Real Estate Agent do? An in-depth look

A Real Estate agent connects the right buyers and sellers for buying and selling homes. But there are more responsibilities of Real Estate Agents that people don’t know. For Real Estate Agents, each day is different, and they have several tasks to do regularly.

Suppose you’re looking for a Real Estate Agent to buy or sell the property. In that case, you need to know the responsibilities of a Real Estate Agent and the benefits of hiring a professional Real Estate Agent.

In this guide, we’ve covered everything about a Real Estate Agent, its responsibilities, and the benefits of hiring a professional agent.

Let’s get started!

What is a Real Estate Agent?

A Real Estate Agent is a person or an agency that helps people buy, sell and rent land & properties hassle-free. With the help of an agent, buyers and sellers in real estate can easily do transactions and legal formalities handled by a Real Estate Agent. A Real Estate Agent must be a state-licensed agent. Whenever a Real Estate Agent connects buyers & sellers, and a sale happens, then a Real Estate Agent gets a commission, which is a percentage of the sales of the house.

Many commercial & residential Real Estate Agents help connect with the right buyer and seller and end up with a win-win situation. A Real Estate Agent earns commission from both parties, but the seller mainly considers the commission. You can verify whether the Real Estate Agent is licensed by checking on the state real estate commission’s website or searching the Association of real estate license law officials’ database.

Real Estate Agent Vs. Realtor

Surely you’ve heard the name Realtor, and many people think Real Estate Agents are called Realtors. But a Realtor comes with different terms. A Real Estate Agent or broker can be called a realtor, but they need to be an active member of the National Association of Realtors (NAR). So if you’re looking for a realtor, make sure that an agent or broker is an active NAR member.

Real Estate Agent Vs. Broker

Brokers are also Real Estate Agents, but they are more qualified, more knowledgeable, and take more training and get additional licenses to work as a broker. A Real Estate Agent must work under a broker, but a broker can work independently and supervise any agent under the brokerage.

Brokers are also getting commission from each agent’s commission portion. These brokers have a large network of Real Estate Agents, so they’ll charge less commission for property buying & selling.

What does a Real Estate Agents do?

Real Estate Agents work under the supervision of a broker, and they’ll get complete training and guidance for buying/selling and closing the deals. Here are some general responsibilities that every Real Estate Agent does when they’re working with a buyer or seller:

Administrative

Answer Phone calls and emails
Schedule appointments
Update property listings
Handle documentation process
Order supplies

Research

Real estate market analysis
Keep in touch with the real estate market, trends, and best practices
Find open for listing properties

Marketing

Keep promoting themselves
Build a strong presence on social media
Build connections with potential clients and local businesses
Run advertisement campaigns
Build a blog or website

These are some general responsibilities of a Real Estate Agent when working with buyers and sellers to close a deal.

What does the Buyer’s Agent do?

If you’re looking for a property and hire a Real Estate Agent, then you should know the responsibilities a Real Estate Agent does for a Buyer. Hiring a Buyer’s Agent to find and crack the best deal has numerous benefits. Let’s see how a Buyer’s Agent can help you:

Listen to your likes & dislikes: A Buyer’s Agent will consult with you and understand your likes & dislikes about your dream home. A Real Estate Agent will know your clear budget, interest, and likes & dislikes to develop a clear idea about the property per the client’s requirements.
Find Potential Homes: Your agent should find the most relevant dream home listings based on your interest, likes, budget, and other factors that help you find your dream home.
Talk to listing agents: Your agents will handle the outreach and talk with all the listing agents to find the answer to your queries. Your agent will deal with negotiation, documentation, and procedures.
Provider Referrals: Your agent must provide referrals as per need. If you’ve hired a professional Real Estate Agent, you’ll surely get good connections for a referral.
Generate and submit an offer: If you’ve selected your dream, you can contact your Real Estate Agent and create a bid to submit your request or proposal to the listing agent. If you’ve hired a professional Real Estate Agent, the agent will discuss with the local seller and negotiate most effectively.

What do listing agents do?

If you’re planning to sell your property, you need to hire a professional Real Estate Agent for a seller who helps find a potential buyer for your property and helps you sell the property at the best price. Here are some tasks that are listing agents do:

Help Price your home: A listing agent helps the seller to estimate the best price of your home based on the complete home inspection, upgrades, interior, and other changes that give a thorough evaluation of your home and come up with the best price.
Make Presale Prep suggestions: When planning to sell your property, you should take suggestions from real estate experts like Amar Realtor and figure out the changes required before selling the property and enhancing the property to get a decent amount for your property.
Promote your home: You need to hire a professional real estate Photographer and do some high-quality and attractive Photoshoots for your property. So that you can share on social media platforms and run advertisement campaigns to reach potential buyers and get qualified leads for your home and end up selling a home at the best price.
Guide you to pick the best offer: Your professional Real Estate Agent can help you get amazing offers or bids for your properties, and you can consult with your Real estate agent to pick the best offer and end up with a win-win situation.

What do Real Estate Agents do at closing?

A Real Estate Agent works as a mediator between Buyer and Seller. To handle all the documentation processes and review the deal, an agent will manage the process and close the deal at the best price.

How do Real Estate Agents get paid?

A Real Estate Agent earns a commission, a percentage of the property selling price. And an agent only makes when the property sells because of an agent.

Conclusion

Real Estate Agents play a major role in buying & selling properties. Most buyers & sellers prefer to hire a professional Real Estate Agent to make their process hassle-free and let agents handle all the documentation and procedures at affordable prices. A Real Estate Agent can take the complete process of buying/selling property, including meeting in the office, showing properties, negotiating, handling documentation, and many more.

Now it clearly shows the importance of having a Real Estate Agent. If you’re looking for a professional Real Estate Agent in California, then Amar Realtor can be the best Real Estate Agent in California. We can help you in buying & selling homes and make the process hassle-free. Contact Amar Realtor today to make your entire buying & selling process easier.