What are the services of a real estate agent?

Oct 10, 2022, 16:44 PM
Title : What are the services of a real estate agent?

The service of a real estate agent will be dependent upon the type of agency appointment.

The types of agency appointment are;

  • Acting on behalf of a seller
  • Acting on behalf of a buyer
  • Acting on behalf of an owner

The services of an agent acting on behalf of a seller may include:

  • Inspecting the property.
  • Providing a market appraisal.
  • Researching comparative sales evidence.
  • Research the Certificate of Title and any documents relating to encumbrances.
  • Provision of a marketing plan that would consider the price, the most suitable type of promotion and the attributes of the property.
  • Recommend ways to optimise the appeal of the property.
  • Recommend the most appropriate types of advertising.
  • Determine and research any existing tenancy arrangements.
  • Target buyers and how to reach that target market.
  • Negotiate the purchase price and conditions of sale.
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