In the situation where you have chosen to turn to a specialist, it is natural that you have to pay for the service you get and for the quality guarantee. In real estate this is made through the representation contract or the contract for real estate brokerage services, whether we are talking about the representation of the seller / owner or buyer / tenant.
Depending on the position you are in the real estate transaction, it is good to know from the beginning which type of agent suits you best. As we will see, the concept of this profession brings together under this general name, several types of agents.
Many people unfamiliar with the real estate industry use the terms “real estate agent” and “broker” as if they meant the same thing. However, there are differences between the two nomenclatures, the most important being the services offered by each of them.
A real estate agent is a true real estate professional, who has the necessary education in the field and who passed the real estate license exam. It is the most general of the titles, as it represents the starting point for most professionals in the real estate industry. Agents are also known as real estate associates.
On the other hand, a real estate broker continued his education and passed the level of real estate agent, obtaining a real estate broker license. Brokers can work independently or have other real estate agencies working for them.
The biggest distinction between a real estate agent and a broker is that a broker can work independently, while an agent must work under an authorized broker.
Purchasing real estate can be an exciting experience, but it can also turn into an awful experience if things go wrong. As with any potential investment, if you are looking for houses for sale in Erie, it is important to know the current market situation, and for this you will need to find professional real estate advice. There are many sites with tips to do this, but many of them are run by real estate brokers, and although there may be some good information out there, it is likely to come with a healthy dose of branding and some subtle, or less subtle, sales tactics. The best option is to go to a real estate agent, who is closer to the real estate market where you want to buy or sell, and can offer you reliable information and concrete advice, as objective as possible.
If you use the services of a real estate broker, you have all the chances to be just one of the many other projects they are involved into and to be put on a waiting list. Instead, a real estate agent does not have as many clients and you will benefit from much more attention. Your questions will be promptly answered, your problems will get solutions as soon as possible, according to your needs and requirements.
Besides, anyway, if you go to a real estate broker, it is likely to be redirected to a real estate agent that works for them.