What does a real estate agent do?

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Realtor FAQs

If you still have questions about what a real estate agent does, you might benefit from reading this list of frequently asked questions.

What does a real estate agent do after closing?

Here are some of the main tasks of a real estate agent after the closing of a house by his client:

  • Reach out to customers after 30 days to make sure they’ve installed smoothly.
  • Answer all questions about the contract.
  • Offer a list of local utility companies to use.
  • Give recommendations to contractors, landscaping companies, etc.

It’s a good idea to stay in touch with your real estate agent after your home closes – writing a thank you letter can be a great way to do this.

What does a commercial real estate agent do?

A commercial real estate agent specializes in buying or selling commercial property. For example, if you were looking to purchase an investment property, you would likely work with a commercial real estate agent.

Although they sell different types of properties, the day-to-day duties of a commercial real estate agent are similar to what residential agents do. However, commercial real estate agents may also have to manage rental properties in addition to buying and selling.

What does a closing agent do?

Closing agents are real estate professionals who work for homebuyers and help them move through the closing process. They ensure that the property has a clear title and that there is a smooth transfer of ownership. Closing agents have unique responsibilities and can help expedite the buying process.

Can anyone become a real estate agent?

Yes, anyone over the age of 18 can become a real estate agent. However, you will need to complete your pre-licensing registration and pass your real estate licensing exam.

On average, it takes 4-6 months to complete the required courses and pass the exam. But the exact licensing requirements vary from state to state.

Are real estate agents worth it?

If you’re considering buying a home without an agent, you might be wondering if working with a real estate agent is worth it. After all, you technically don’t need a realtor to buy or sell a home.

And real estate agents receive a commission of between 5% and 6% of the sale price. This means that if you sell your home for $250,000, your agent could receive up to $15,000 of the proceeds.

However, most people find real estate agents well worth the small commission. Here are some of the ways real estate agents can help you:

  • Find homes and neighborhoods that fit your budget and lifestyle.
  • Share inside information about a particular home or neighborhood.
  • If you buy, your agent will negotiate an offer with the seller and help you get the best deal possible.
  • If you sell, your agent will list your home and market it, so it reaches many potential buyers.
  • Decipher legal documents and help you understand what everything means.

How do I find the right real estate agent for my situation?

There are several routes you can take if you’re trying to find the right real estate agent. The best place to start is to ask family and friends for referrals. Once you’ve received a few recommendations, be sure to review their resumes.

Once you’ve narrowed down your search to a few candidates, you might want to schedule an interview where you can ask the agent a few questions. For example, it’s a good idea to ask if they have any references from previous clients.

What is the difference between a real estate agent and a real estate agent®?

A REAL ESTATE AGENT® is a real estate agent member of NAR and respects its code of ethics. So basically every REAL ESTATE AGENT® is a real estate agent, but a real estate agent may or may not be a REAL ESTATE AGENT®.

However, a real estate agent® is not necessarily better at his job than a real estate agent. If you are trying to choose a REAL ESTATE AGENT® or real estate agent, you should consider that person’s experience, qualifications and skills first and foremost.

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