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It's open to negotiation. However, two points are worth bearing in mind. On the one hand, the price may be much lower than the average house asking price -- which will limit an agent's interest in spending money on promoting it. On the other hand, it usually takes much longer to sell raw land than houses -- which can further reduce an agent's incentive to advertise the property. The main exception is with land that can be developed, which is likely to mean a price in the hundreds of thousands (or even millions). While this limits the number of potential buyers, it can also attract an agent with all the "right connections."
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What makes a real estate broker different from a real estate agent?
Real estate broker & Real estate agent are same both of them will do the same job.Answer:Real Estate Brokers required to have more experience and education, than agents. And also a real estate agent may be a person who works under a registered broker.
How is a real estate broker different from a real estate agent in California?
A real estate "agent" is licensed to practice real estate, but only under the direct supervision of a broker. Without a broker to oversee their activities and take responsibility for their actions a real estate agent is not allowed to practice. There is a trick of language here though, and it has to do with Agency Law. By law, an agent is a person who acts on behalf of someone else. A real estate broker is also called a real estate agent. This is because they are acting as an agent for the buyer or seller in a transaction. So the broker has the legal title of "broker" generally and the title of agent in relation to his or her client. A real estate agent working under a broker is an agent only to the broker, the broker is agent to the client.
What percent does a real estate co charge to sell a home?
It can vary but the traditional rate is 6% split evenly between the seller's agent and buyer's agent.
The office Michael scotts real estate agent?
Carol Stills is the real estate agent that sold Michael his condo and then later dated him.
Can an unlicensed real estate agent show properties?
If the real estate agent is unlicensed than they are not a real estate agent. If someone is seller their own home they can show their property or designate someone over 18 year of age to show their home. By law an unlicense individual are not allow to enter properties without a licensed real estate agent.
Can a real estate agent who is selling a property be the owner of the property?
Yes in many cases they are the owner of the property which they are selling.
Why should a property be sold with a top real estate agent?
A property should be sold with a top real estate agent to maximize the selling's profit. A top real estate agent should know what they are doing and what are the market values.
Is there a real estate school where I can learn to become a real estate agent?
Allied Real Estate School is a great place to start. They'll help you get your real estate license and be out selling houses in no time.
What is the income on a real estate agent?
Real Estate Agents make 3% of the sale of a house. That is 3% for the buying real estate agent and 3% for the selling real estate agent. So this can range widely by house prices. Most real estate agents incomes vary from part time work at $20,000/year to full time commercial real estate agent at $100,000+/year. It all depends on how many houses you sell and how hard you work at it.
What is a Real State Agent?
Real estate agent - A person who is authorized and experienced in the buying and selling of real estate property. Real estate agent is provide all details about real estate property value, demands, all guidline and rules of all type of proeprty.
Who are the top real estate agents in Carson Valley?
Who the top real estate agents are in Carson Valley is going to depend on ones definition of what makes an agent the best. There could be a best selling agent, a best listing agent, most friendly etc. Also, the top real estate agent can change from month to month.
What degree do you have to have to become a real estate agent?
In the US, states are in charge of the licensing requirements for real estate agents. There are currently no states which require a college degree to obtain a real estate license.
What is a sellers agent in real estate and the fees for such?
The selling agent represents the buyer (he/she sells the house).The advantage in working with a selling agent is that they have buyers. One of those buyers may be interested in buying your house.
What is the average real estate agents commission?
standard rate is 6% 3% for listing agent, 3% for selling agent. discounts are available
What does the real estate agent Mauricio Umansky specialize in selling?
Mauricio Umansky is a realtor located in Los Angeles, California. He specializes in the sale of luxury real estate. He can be seen on different real estate based reality shows.
How much does a real estate agent make a week?
Selling real estate is a commission based profession. Real estate agents get paid when they close on homes, they do not get a regular weekly or monthly income. The amount of the commission paid at closing is negotiated by the seller and the listing agent at the time of listing the home.
Do you pay a real estate agent that sells you a home?
No, they will charge the seller a fee based on the price of the house.
