The Differences between Listing and Buyer's Agents for Real Estate
Posted on Monday 17 February 2014
Whenever a client wants
to buy or sell a house, he would certainly need advice from a real
estate agent. It is their job to know the fundamentals of a household
and its price in the market. Since the housing industry relies on the
buying and selling of houses, some real estate agents specifically
choose a field of expertise. Two types of such agents are called
listing agents and buyer's agents.
Listing agents focus on
helping their clients sell their houses in the real estate market.
They do the initial inspections of the house in question and make
suitable price offers based on their observations. They also handle
the listing of the house through the MLS and make sure that potential
negotiations are taking place.
Buyer's agents are the
real estate agents that help customers select proper houses for
purchase. They use the MLS system to trace the desired houses for
their clients and make offers based on initial inspections of the
said house. They also handle the paper work and inform the clients if
the potential house is available and good for residing.
These two types of real
estate agents handle the housing business with knowledge and
experience, so much so that capable listing agents may also be good
buyer's agents and vice versa. However, one should note that it’s
proper to hire separate agents for buying and selling in order to
prevent an agent from over-working and to make transactions more
efficient and on time.
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