We all know what a real estate agent is but many of us are unfamiliar that there are many different types of real estate agents. We all know what a real estate agent does. What are his duties and responsibilities? But there are different types of real estate agents. It is important to know the types of Singapore real estate investment trust because when you need a real estate agent you go to the right one because each has expertise in his own domain so that is why it is necessary that you select the right agent for your work or task. Before going to the types it is important to know a little bit about real estate agent in deep. There are many different estate agents available in the market.
A real estate agent is the one who has expertise and knowledge about the local market, rates of the current properties and assistance for the buyer and seller. A real estate agent goes through a proper exam in which he gets a license or a certificate that allows him to do real estate business. There are also agents that provides hotel accommodation like mnlht.com they are a hospitality trust and also provides accommodation for crowne plaza Manchester.
Commonly there are two types of real estate agent, mainly the buyer’s agent and the seller’s agent. Their names can easily define their roles and responsibilities. A buyer’s agent is the one whose primary goal is to assist the buyer in getting the right property or home in his desired budget. He would try his best to get his client the best possible house or property in the rates which he has opted for. He would take his client for the visit to all the properties and homes that comes under his range and tries to negotiate the seller of that property or home. Once you finalize a home or property he would then guide you and assist you in all paperwork involved for the property buying. He would also help you in getting the right home inspector once you get done with all the buying process. The second type is the seller’s agent. Sometimes also called as listing agent. This agent’s primary goal is to help his client in the selling of his property or home. He would try to bring serious buyer to his seller or client and would try his best to convince the buyer. If you hire a seller’s agent then you would not be needing to take the buyers with you on a visit to the house because that responsibility would be taken by the seller’s agent, he would take all the serious buyers with him for the visit. He would also try to negotiate and convince the buyer to buy your listed property. There is also another type of a real estate agent called as dual agent, this agent would do the work of both the seller and buyer agent. These type of agents are also very common these days because being a dual agent you get to make more profit as compared to buyer’s and seller’s agent.