how much do real estate agentsmake

Testimonial 1:

Name: Lily Thompson Age: 45 City: New York City

"I cannot express enough my admiration for the exceptional work done by real estate agent John from XYZ Realty. As someone who had no prior experience selling a property, I was completely clueless about what does a real estate agent do for the seller. However, John guided me through the entire process with utmost professionalism and expertise. His dedication was commendable, and he left no stone unturned to ensure that my property was well-represented in the market. From conducting thorough market research to staging my home beautifully, John truly went above and beyond. Thanks to his efforts, my property sold in no time, and I received a fantastic price. I highly recommend John and XYZ Realty to anyone looking for a real estate agent who truly understands what does a real estate agent do for the seller!"

Testimonial 2:

Name: Robert Johnson Age: 52 City: Los Angeles

"I recently had the pleasure of working with real estate agent Sarah from ABC Properties, and I must say, she exceeded all my expectations. Selling a property can be a daunting task, but Sarah made the entire process feel like a breeze. Her knowledge and experience in the industry were evident from the very

What does a real estate agent do for sellers

Aug 18, 2022 — A seller's agent's job is to represent the current homeowners who are putting their property on the market. Many agents, especially Realtors, 

Who typically presents an offer to the sellers?

Usually the listing agent presents the offer to the sellers. Exceptions: The selling agent may accompany the listing agent to provide backup information or clarify terms If the sellers do not have a listing agent, the selling agent makes the presentation.

What is a seller's agency?

A seller's agent is a real estate professional (a Realtor, a real estate agent or a real estate broker) who helps prepare and list a property for sale (the latter being the reason they're also known as listing agents). They represent the person selling a property and must work in their best interests.

Which of the following is one of a listing agent's duties?

Final answer: A listing agent's duty includes cautioning the seller against sharing sensitive information during the listing term to protect the client's best interests. However, their responsibilities also extend to pricing the property, marketing and negotiating with buyers.

What is not a smart way to negotiate on a house?

“Don't think by lowballing the offer right out of the gate you'll be able to get a steal,” she says. In fact, there's a good chance if you come in too low, the sellers will flat-out reject the offer without even trying to negotiate with you.

How might a seller benefit from using an agent?

You can try to do it alone to save money, but hiring an agent has many advantages. Agents can get broader exposure for your property, help you negotiate a better deal, dedicate more time to your sale, and prevent your emotions from sabotaging it.

Frequently Asked Questions

What is the most important for real estate agent?

Top Ten Traits of a Real Estate Agent
  1. Knowledge is power.
  2. Build a network of connections.
  3. Understand the local housing market.
  4. Attention to detail.
  5. Engaging personality.
  6. Interest in houses and architecture.
  7. Hustle and tenacity.
  8. Honesty and integrity.

Why you should always use a real estate agent?

Act as an expert guide. Buying a home typically requires a variety of forms, reports, disclosures, and other legal and financial documents. A knowledgeable real estate agent will know what's required in your market, helping you avoid delays and costly mistakes.

Do realtors lie to make a sale?

Unfortunately, a few agents will stretch the truth with the client. The reason why agents mislead a seller or buyer is because they're desperate to earn their commission. Most of the time, the agent will try hyping up their client when finding homes for sale in California.


What is the biggest mistake a real estate agent can make?
7 Common Mistakes from Rookie Real Estate Agents
  1. Failing to Communicate with Clients.
  2. Neglecting Their Education.
  3. Not Turning Down Overpriced Listings.
  4. Failing to Prepare a Business Plan.
  5. Poor Financial Planning.
  6. Not Finding Their Niche.
  7. Poor Time Management.
Are the sellers likely to pay closing costs?
Typically, sellers pay real estate commissions to both the buyer's and the seller's agents. That generally amounts to average closing costs of 6% of total purchase price or 3% to each agent. Additionally, sellers often pay for the buyer's title insurance policy, which is a low-cost add-on to the lender's policy.

What does a real estate agent do for sellers

What is included in selling expenses? Selling expenses can include: Distribution costs such as logistics, shipping and insurance costs. Marketing costs such as advertising, website maintenance and spending on social media. Selling costs such as wages, commissions and out-of-pocket expenses.
What is the largest closing expense for the buyer? Origination fee (or service fee) Most lenders charge an origination fee to cover service and administrative costs. This is typically the largest fee you pay to close your mortgage. Most borrowers pay 0.5% – 1.5% of the loan amount, though it can be higher or lower depending on your lender, according to Credible.

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