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Real Estate News

Director of real estate center sees opportunities (San Diego Union-Tribune)
Michael Lea came to San Diego State University’s newly established Corky McMillin Center for Real Estate with a résumé full of casualties he witnessed firsthand: Imperial Savings, a San Diego thrift that went belly-up in the ’80s; Freddie Mac, the secondary lender where he served as chief economist long before it went into receivership; and Countrywide Financial, taken over by Bank of America ...(Mon, 08 Feb 2010 08:20:41 GMT)

Erie County Real Estate Transactions (The Buffalo News)
Following are real estate transactions over $5,000 as listed in records of the Erie County clerk's office for the weeks ending Dec. 25 and Dec. 31.(Mon, 08 Feb 2010 11:56:23 GMT)

Niagara County Real Estate Transactions (The Buffalo News)
Following are real estate transactions over $5,000 as listed in records of the Niagara County clerk's office for the week ending Dec. 25.(Mon, 08 Feb 2010 11:56:13 GMT)

Most Japan Stocks Fall on Weaker Euro; Real-Estate Shares Rise (Bloomberg)
Feb. 8 (Bloomberg) -- Most Japanese stocks fell after the euro weakened versus the yen to a one-year low, while real- estate shares advanced after Nomura Holdings Inc. said they are an “attractive” investment.(Mon, 08 Feb 2010 03:31:55 GMT)

Selling Your Miami Real Estate Property - A Simple Guide To Get A Good Price For It (Turks.US)
There's only one goal in selling your home in Miami real estate -- and that is to get a good price to make it worth your while.(Mon, 08 Feb 2010 12:02:25 GMT)

Arab real estate volume estimated at USD 27tr (MENAFN)
Arab real estate volume estimated at USD 27tr(Mon, 08 Feb 2010 11:37:28 GMT)

Summit weathers real estate slump with some big transactions (Summit Daily News)
SUMMIT COUNTY - The local real estate market in 2009 took a hit similar to nearby counties, but a few large transactions helped to soften the blow. The $107 million sale of Copper Mountain and the record-breaking $8.3 million home that sold in Breckenridge were among highlights in a year when transactions overall were down 32 percent. "We've all suffered a pretty drastic decline compared with ...(Mon, 08 Feb 2010 08:06:20 GMT)

Kevin Cottrell, chief economist for Kelsey Cottrell Realty Group, Presents The Real Real Estate Market for 2010 in St ... (dBusinessNews.com)
Ballwin, Mo., – Kevin Cottrell, chief economist for Kelsey Cottrell Realty Group, presents, “The Real Real Estate Market for 2010 in St. Louis,” for St. Louis Realtors February 11, from 1:00 – 4:00 p.m., at the Lodge of Des Peres located at 1050 Des Peres Road, Des Peres, Mo., 63131.(Sun, 07 Feb 2010 17:37:26 GMT)



Facts About Real Estate Agents

Because of the complexity and importance, people usually seek the help of real estate brokers and sales agents when buying or selling real estate.

Real estate brokers and sales agents have a thorough knowledge of the real estate market in their community. Agents and brokers also act as intermediaries in price negotiations between buyers and sellers.

Real estate agents usually are independent sales workers who provide their services to a licensed real estate broker on a contract basis. In return, the broker pays the agent a portion of the commission earned from the agent's sale of the property. Brokers are independent business people who sell real estate owned by others; they also may rent or manage properties for a fee. When selling real estate, brokers arrange for title searches and for meetings between buyers and sellers wherein details of the transactions are agreed upon and the new owners take possession of the property. A broker may help to arrange favorable financing from a lender for the prospective buyer; often, this makes the difference between success and failure in closing a sale. Brokers supervise agents who may have many of the same job duties.

Besides making sales, agents and brokers must have properties to sell. Consequently, they spend a significant amount of time obtaining listings—agreements by owners to place properties for sale with the firm. When listing a property for sale, agents and brokers compare the listed property with similar properties that recently sold, in order to determine a competitive market price for the property. Once the property is sold, the agent who sold it and the agent who obtained the listing both receive a portion of the commission.

Before showing residential properties to potential buyers, agents meet with them to get a feeling for the type of home the buyers would like. In this prequalifying phase, the agent determines how much the buyers can afford to spend. In addition, the agent and the buyer usually sign a loyalty contract which states the agent will be the only one to show houses to the buyers. An agent or broker uses a computer to generate lists of properties for sale, their location and description, and available sources of financing. In some cases, agents and brokers use computers to give buyers a virtual tour of properties in which they are interested. With a computer, buyers can view interior and exterior images or floor plans without leaving the real estate office.

Agents may meet several times with prospective buyers to discuss and visit available properties. Agents identify and emphasize the most pertinent selling points. If bargaining over price becomes necessary, agents must follow their client's instructions carefully and may have to present counteroffers in order to get the best possible price.

Once both parties have signed the contract, the real estate broker or agent must make sure that all special terms of the contract are met before the closing date. Also, if the seller agrees to any repairs, the broker or agent must see that they are made. Increasingly, brokers and agents are handling environmental problems as well, by making sure that the properties they sell meet environmental regulations. For example, they may be responsible for dealing with lead paint on the walls. While loan officers, attorneys, or other persons handle many details, the agent must ensure that they are completed.


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This website provides a directory of real estate agents across the country. If you are looking for real estate agents, real estate brokers, buyer agents, you can browse our real estate agent directory. We also provides helpful articles on real estate, home buying, mortgage, etc. Enjoy!