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Real Estate News

Resource Real Estate Diversified Income Fund (RREDX) Maintains Quarterly Distribution
Today, Resource Real Estate Diversified Income Fund announced its quarterly distribution of $0.1500* as of March 31, 2015. This represents a 5.7 percent(Mon, 13 Apr 2015 12:47:00 -0700)

3 Impressive Real Estate Mutual Funds to Enhance Your Return - Mutual Fund Commentary
Even though real estate has been through tough times recently, securities from this sector should continue to be an integral part of portfolios with a long term horizon.(Mon, 13 Apr 2015 08:18:03 -0700)

Wheeler Real Estate Investment Trust, Inc. Schedules 2015 First Quarter Conference Call for Wednesday, May 13, 2015
Wheeler Real Estate Investment Trust, Inc. announced today that it will issue its financial results for its 2015 first quarter ended Marc(Tue, 14 Apr 2015 05:30:00 -0700)

QuickLiquidity Creates Fund to Solve Liquidity Issue for Real Estate Crowdfunding & Partnership Investors
FORT LAUDERDALE, Fla. -- via PRWEB - With widespread criticism citing the demand for greater liquidity for minority interest owners in real estate partnerships and real estate crowdfunding positions, QuickLiquidity ...(Tue, 14 Apr 2015 03:05:39 -0700)

Resource Real Estate GPS Global Opportunity Fund Investors See Returns Over 33 Percent
Resource Real Estate Global Property Securities , a joint venture between Resource Real Estate, Inc. and Channel Capital Pty Ltd, today announced their RRE GPS Global Oppo(Mon, 13 Apr 2015 06:00:00 -0700)

InnVest Real Estate Investment Trust completes $80 million mortgage refinancing
InnVest Real Estate Investment Trust completes $80 million mortgage refinancing(Mon, 13 Apr 2015 05:30:00 -0700)

Real estate people
Michelle Crabtree, of Premier Sotheby's International Realty, has been selected as a 2015 Five Star Real Estate Agent. This is the eighth year that she has been a winner for providing exceptional service and overall satisfaction, a distinction held by only the top 6 percent of Realtors.(Mon, 13 Apr 2015 03:31:23 -0700)

MRED Continues to Meet the Standards
LISLE, Ill. -- Midwest Real Estate Data (MRED), Chicagoland's multiple listing service (MLS), has announced that the Real Estate Standards Organization (RESO) has certified MRED for RESO Data Dictionary ...(Mon, 13 Apr 2015 09:52:22 -0700)

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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!