Basics of Property Management: Screening Potential Tenants

3 Main Roles Played By Real Estate Agents

20 July 2021

Jesse Obrien

Real estate agents facilitate a smooth transaction process for buyers and sellers. But what exactly do real estate agents do? Their roles vary significantly depending on several factors such as market conditions, experience, and property type. However, there are some basic duties that every real estate agent must perform for the overall satisfaction of the clients.

Here are the 3 main roles played by real estate agents.

Act As a Link Between Buyers and Sellers of Properties

Buying or selling a property can be a daunting task, especially if it's the first time. Fortunately, real estate agents have the expertise needed to ensure your transaction goes smoothly and is completed as quickly as possible. If you're selling your property, a real estate agent can serve as the liaison between you and the buyer. Likewise, when searching for a property to buy, the real estate agent can link you with potential sellers. They understand the market and discuss offers with potential buyers or renters on behalf of clients. Further, they gauge whether the deal is worth accepting and advise accordingly.

They Navigate Complex Issues on Behalf of Clients

Real estate agents possess skills and qualities that help in building strong relationships with their clients. They are good communicators and solve any issues that may arise during a transaction. You can entrust them since they handle the processes with the utmost professionalism and quickly. They understand the real estate laws and manage all the paperwork. By doing so, they ensure you're fully compliant and liaise with various parties to facilitate a smooth transaction.

Negotiate on Behalf of Prospective Clients

Real estate agents can give clients a leg-up when searching for a place to stay or lease. They are a powerful tool when negotiating favorable terms for their clients. For example, they can discuss with a landlord to allow a tenant to keep a pet for an extra fee. Also, they help negotiate for lower security deposits for tenants. On the other hand, they can advise the landlord to settle for a higher deposit if the prospective tenant has a poor credit rating.

A real estate agent helps property owners in making decisions concerning the sale or lease of their real estate properties. They can manage several offers and advocate for a better price during a negotiation. Also, you can entrust them when searching for a property to lease or rent. So, enlist the services of real estate agents and enjoy the above benefits.

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