13 Responsibilities That Property Agents Must Carry

Profession as a property agent or broker is relatively easy. In accordance with its main function as a negotiator, they must be clever in the process of buying and selling, until they take care of the bad stuff from beginning to end.

However, a handful of people still consider Property Dealer in Jaipur as brokers, who often make big profits without the client's knowledge in buying and selling property.

Of course this assumption is a wrong view. This assumption arises because several agents do not really understand their duties and responsibilities. These people justify all means, so that sometimes manipulate information.

In fact, a broker carries a number of responsibilities that are quite heavy. They are required to fulfill licensing requirements and have a comprehensive understanding of property law.

Provides actual information about the condition and market price of the property to the client

1. Advise sellers how to make their home captivate buyers
2. Compare the same type of property in an area to determine a fair and competitive market price
3. Make a list of the right properties for buyers based on price range and needs
4. Guide buyers and sellers when processing transactions
5. Manage contact lists
6. Mediate buyers and sellers
7. Compile and submit all necessary documents, including a lease or sale agreement
8. Offers a number of the best property listings that can be used as a basis for consideration for consumers
   
9. Promote property through advertisements, listing services on property portals, and open houses
10. Display property listings that are marketed to prospective buyers
11. Being able to influence potential clients to buy, sell and rent their properties
12. Continue to update the latest news regarding real estate trends and laws
13. Willing to work at night and weekends to accommodate client needs

To strengthen the marketing system, a property agent must also be smart to see opportunities.

Real Estate Consultant in Jaipur Commission

This fairly complicated responsibility is equivalent to the fee or commission that will be obtained. Formal property agents will usually get 2% - 3.5% of the transaction value, according to the sales target and the agreed time. The higher the value of the property, the lower the percentage of the commission.

This commission can reach 5% if the services start from marketing assistance, administration, to the credit agreement stage. For rentals (not buying and selling) the Real Estate Agent in Jaipur commission reaches 5%.

Normatively, those who are entitled to give commissions are recipients of payments or sellers. But it can also be borne jointly between the seller and the buyer according to the agreement.