Advantages of working with a real estate agent
The advantages of working with a real estate agent are very many, because he is the mediator who manages all dealings between the seller and the buyer in its various forms, which facilitates the buying and selling process. Buying and selling, and fully aware of the market and its changes, so that the process is successful and in your favor in the end.
Seven reasons to work with a real estate agent
An expert real estate agent helps save time by narrowing down options and focusing on what suits you best in terms of location, price, space, and other specifications
The real estate agent can help you review the terms of the lease to ensure that your rights are protected
Real estate companies offer a large number of real estate units, and even if the property you want is not available, they must have other similar properties
Real estate companies are highly skilled in price negotiation, which is of great importance when researching the sales market, but it is also important in obtaining good rental deals that may include months or free services, or others
Real estate agents can handle real estate paperwork and guide you through the process of registering the property upon purchase
Learn more about the real estate agent’s legal system ||||
Real estate companies have long experience and deep knowledge of market conditions, features of different regions, real estate complexes, etc., and are therefore able to answer all your questions about these matters
It pays to come back to real estate agents if you need them again in the future
Learn more about the importance of dealing with a real estate agent |||||
Indispensable Specifications for Choosing a Real Estate Agent
To be fully aware of all the information related to the region and the site in which you want to buy or sell
The best real estate agent for you is the one who knows exactly everything related to the location or the area in which you want to invest in terms of services, education, health and transportation, as well as ease of access to the area and the degree of safety in the area, and he must be aware of all the differences between the regions and some of them in order to provide assistance The best and most effective for you
Research comprehensively about the size of this agent’s presence on the Internet
A good and successful real estate agent has an impressive website with constantly renewed content, and besides that, he must be present in a large, active and permanent manner on social networking sites for several reasons, as you can clearly see through his channels on the communication sites how to interact between him and clients and their evaluation of him, as well as the testimonials that he gives. Provided by customers in the mediator’s right about the service and its effectiveness and quality.
A good and professional real estate agent is always available to clients through all means of communication and all electronic windows. Studies have shown that 85% of potential clients in the real estate market first search for what they want on the Internet
Browse the list of available properties on the broker’s website
Whether the properties offered for sale or for rent, you must browse them and see if the properties are displayed in a detailed, clear and accurate way or not. You also browse the pictures of the properties displayed on the site and see whether the pictures are of great quality or not. This is not if you only want to buy a real estate, but It would be very useful if you wanted to display your real estate on that broker’s website at a later time to see and make sure the way real estate is displayed on the site and whether it is suitable for you or if you would like different additions
You have to conduct interviews with more than one mediator before you choose
You have to present all the options in front of your eyes, especially if you are entering the real estate market for the first time and do not have much experience in buying and selling, it will be difficult to know all the details that you must take into account when dealing with a real estate broker, but when conducting interviews with more than one broker, These interviews will help you to evaluate well and choose the most suitable for you in terms of dealing, and remember that you are looking for a mediator who is honest and honest, as he knows all the required information and is able to answer the questions that revolve in your mind without deception, and you must feel personal comfort when dealing with him. If you are not comfortable in dealing with him personally, you will not be able to deal with him professionally
Don’t get fooled by your hasty sales volume
You must search about whether the sales made by the broker were carried out in the required manner and quality or not. You should also inquire about the time the property was offered for sale and whether the sale was made at the required price or not
You should know that the amount of sales is certainly important, but the quality of sales is much more important
Do not reveal all your papers to the real estate agent
. Although it is important that your relationship with the real estate broker be good, you must be especially careful with regard to the extent to which you need to complete the sale or purchase of the property. For example, if you make it clear that you want to buy this property at any price, this may become a pressure card used by the owner of the property. The real estate agent and the broker in order to sell you the property at a higher price. The opposite is also true, if you own the property and indicate to the broker that you are ready to waive the specified price, this may be used against you to reduce the price more than it should be. Do not share everything with the real estate broker until you guarantee that the sale or purchase process will take place properly and without harm to your personal interest
-Agreeing from the beginning of dealing on the commission
mustAlways keep in mind that the main gain of the real estate broker is the commission he gets from buying and selling deals, and therefore you will naturally find him trying to get the largest percentage possible. Therefore, in order to avoid any disputes or problems that may occur during the buying or selling process of the property, you must settle the agreement with The real estate broker is on his percentage and commission from the beginning, in order to avoid any dispute or problems that may occur because of that matter
real estate attorneys, home inspectors, promoters and other real estate professionals.
This can also help speed up each step of the process, ensuring you get a successful property sale deal faster.
Help Overcome Setbacks: If a home inspector’s report or appraisal highlights new issues, a buyer’s agent can advise you on how to proceed with the transaction, then act as a temporary neutral party between you and the sellers or broker.
If negotiations become heated or hostile, it is extremely helpful to have a seasoned professional keep you calm and offer productive solutions.
Tours of homes that fit the price range.
An agent can also explain the ins and outs of different properties and neighborhoods, to help buyers decide which house is right for them, by explaining the pros and cons of different options.
Offer Negotiation: The buyer’s agent will advise clients on the appropriate price to offer and present it to the seller’s agent.
Questions asked to the client by the real estate agent
Do you work with another real estate broker?
Usually the client hides his information about his communication with more than one real estate agent even though he may have reached an advanced stage of negotiations, so the real estate agent must ask the client about the stage he has reached with the other real estate agent so that he does not enter into a conflict with his professional colleague or expose the client to Violation of any prior agreement with his agent, whether in the event of sale or purchase.
Why is now the perfect time to buy or sell a property?
Asking this question gives you an idea of the client’s current situation and his motives for buying or selling, since some only want to know the market situation, supply and demand, while others need the material or real estate urgently. This answer helps the agent to time his work and anticipate the period he needs to work with this client.
To learn more about the ideal time to buy a property in Turkey ||||
What are the basic needs for wanting to buy or sell the property?
The real estate agent must work with his clients to create a list of main needs and desires in relation to the purchase or sale of the property, as this helps the client to understand the concessions that he may have to make. This usually applies to those who want to buy a property, because the needs of the property may be multiple, whether in terms of features, location, space, etc. In the event of selling, it is usually necessary to know the possibility of negotiation, or if the price is fixed.
What are your expectations?
It is preferable to know the client’s expectations in order to give appropriate information about the real estate market and others to bring points of view closer to the current market situation, including (budget, market condition, types of real estate, time, season) to determine the client’s needs and limit his options within the client’s price range
Are you financially ready?
As is common among real estate agents, many deals may be disrupted when they reach the final stage, which is payment, because the customer is not financially ready or his financing has been refused if he is looking for real estate financing. By asking this question, the real estate agent avoids falling into this situation.
Is the customer aware of the costs associated with buying or selling the property?
All details and costs of any real estate operation, whether the real estate agent’s percentage of the quest, office expenses, government fees, etc., must be clarified in order to take them into account on the client’s side and arrange the appropriate budget for his decision.
The real estate agent is the link between the seller and the buyer by law
The Real Estate Finance Law obligates the real estate agent to announce to each of the investor, the owner of the property, and the creditors whose rights are restricted to the conditions of sale before the day specified for the auction, for a period of not less than thirty days and not exceeding forty-five days, and he also pastes the advertisement on the property and on the board prepared for advertisements in the competent court located in Its department is the real estate with its publication in two widely circulated newspapers at the expense of the financing investor, or the investor may request advertising or publication more than once at his expense.
The real estate agent conducts the bidding on the day specified for the sale, and the bidding begins with a call for the basic price and ends with the sale being made by the one who submitted the highest bid.
If this offer is less than the basic price, or the number of bidders does not exceed three persons, the real estate agent must postpone the sale to another day within the next thirty days, announcing it with the same procedures stipulated in Article 19 of this law, and the financier may not participate in the auction.
That did not reach the largest offer of the basic price and was less than the dues of the financier.
He had the right to request that the sale be made against him in return for the investor’s discharge of all his obligations.
History of real estate agents
Real estate agents have a long history that stretches back to ancient civilizations. The concept of owning land and property has been around for thousands of years, and as a result, there are also the specialists who facilitate the buying and selling of real estate.
In ancient Rome, for example, some professional agents specialized in buying and selling land and property. In the United States, the real estate industry began to emerge in the early 20th century.
The nation’s first real estate board was established in Chicago in 1906, and the first National Association of Realtors was founded in 1908.
Over the years, the real estate agent’s role has evolved and expanded. Today, real estate agents are licensed professionals who help clients buy and sell homes, commercial real estate, and other types of real estate.
They work with buyers to find properties that meet their needs and budget, and assist sellers in marketing their properties and negotiating a sale. Real estate agents also handle the paperwork and other legal aspects of the buying and selling process. Many different organizations and associations represent real estate agents and the industry as a whole, including the National Association of Realtors and the International Association of Real Estate Professionals.
What is the difference between a real estate agent and a real estate broker?
If we make a comparison between the two professions, we can express it as follows.
real estate broker; Requires more training and courses to become a managing broker, can work independently or by owning his own brokerage, and helps with interface
Learn more about the difference between a real estate agent and a real estate broker ||||
How types of real estate are handled by real estate agents
Keep up with local and regional market activity and sector news.
Search active, pending, and sold listings and review your daily activity sheet or report.
Completing, submitting and keeping real estate documents, agreements and records with the competent state agencies.
Plans and coordinates appointments, open house activities, showings, and meetings with clients and other real estate agents.
Develops real estate marketing plans for listings and creates flyers, newsletters, and other promotional collateral.
Responds to incoming emails and phone calls.
Types of real estate agents
1-median
Brokers are dealers who mediate buying and selling transactions for a commission, and act only on behalf of individuals or institutions to which they are a party. They facilitate the meeting of buyers and sellers and speed up the marketing process.
Brokers who work with buyers search for properties that match their clients’ criteria, negotiate, prepare offers, and assist buyers in other matters up to the date of closing the deal. Seller’s brokers determine market values of real estate for their clients, market and offer properties, communicate with sellers about offers, and assist with the bidding process.
There are three main levels of real estate brokers with varying degrees of responsibility
Associate mediators
They have licenses as brokers, but choose to operate under the authority of another broker. In general, associate brokers do not supervise other agents.
Managing Brokers
They supervise the day-to-day transactions and operations in the offices. They also hire agents, train new hires and manage the administrative staff.
Main Brokers
They supervise real estate agents to ensure they comply with state and local real estate laws.
2-Sales agents
The selling agent represents the buyer in the home sale process. This may sound confusing, but there is a logic behind this term. Before a contract is signed, the agent representing the buyer is usually referred to as the buyer’s agent. When the two parties come to an agreement, and the house is tied to a contract, the buyer’s agent becomes the selling agent. Because they found a buyer who got the house. The terms “sales agent” and “buyer’s agent” are often used interchangeably, and their responsibilities are the same.
3-Purchasing agents
The buying agent will guide you through the home buying process and is at your disposal for any questions or concerns.
4-Realtor
A real estate agent is a licensed real estate agent (or other real estate professional) and is a member of the National Association of Realtors. Founded in 1908, the association is the largest trade association in the United States. Active real estate agents who wish to join the organization must have a valid real estate license and a sound professional conduct record. Real estate agents have an incentive to join it because of its good reputation and attract more clients. All brokers are required to adhere to a comprehensive code of ethics, so clients can take comfort in knowing they are working with agents who have been thoroughly vetted and pledged to uphold certain professional standards.
5-Bottom Line Agents
The term bottom line refers to a company’s earnings, net income, or earnings per share. Reference to this term describes the relative position of the value of net income on a company’s income statement.
The term “bottom line” is commonly used for any actions that may increase or decrease the bottom line or the overall profit of a company.
A company that increases its profits or decreases its costs is said to be improving its bottom line. Most companies aim to improve their bottom line in two simultaneous ways: increasing revenue (i.e. achieving profit growth) and improving efficiency (or reducing costs).
Why should you rely on a real estate agent when investing in Turkey
Buying a property in Turkey is one of the most important search engines for quite some time. Real estate in Turkey has witnessed a twilight renaissance ||||
