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Real estate agent

All about real estate agents

Real estate agents are professionals who help buyers find property and sellers sell property. In Montana some real estate agents also do rentals where they help tenants find rentals. In some cases real estate agents are also licensed property managers who maintain the property on the behalf of the landlords. The real estate agents are paid a commission for their services, but do not receive a salary from the brokerage they work with. Real estate agents generally calculate their fee as a percentage of the selling price. People, who want to list their property for sale, leave the details of their property with the real estate agent to market and sell the property, to arrange showings of the property and present all offers to the sellers. The buyers can find the property listed on line and contact their own agent (called a buyers agent) or can call the listing agent for details and access to the property. Providing information about the property to buyers and buyers agents is part of the marketing plan.

Home buyers use real estate agents when it is a sellers market so that they have a better chance of buying a home at a price they can afford. But buyers also use agents in a buyers market where the competition is stiff and making the right offer the first time wins the bid. Agents with experience can guide buyers through the process to help them achieve their goal.

Many agents have mastered the art of negotiation and this can benefit both buyers and sellers when it comes to getting what they want out of the transaction. A seller can often get the best price for his/her property by using the advice received from an experienced real estate agent. An agent will also analyze the needs of a home buyer and show them homes available within their budget. Real estate agents will discuss their needs and make a suggestions.

A licensed Realtor is required to taking ongoing education classes every year to represent you with the sale of your home. They are required to know the local and state laws concerning the transaction whether they are representing you as the seller or the buyer or both (dual agent).

Agents work with lenders, banks, title companies, home inspectors and a host of support business and all of this networking and relationship building works for you to ensure that your sale, your purchase is handled legally and timely.

These are just many of the reasons for staying away from the pitfalls that “FSBOs” [For Sale By Owner]  have found themselves in after a sale which has ended up costing them money they did not expect to pay.

About the author

Sherry Fields Sherry Fields has been working in real estate since 2002. Working with the development team for the Hilton Garden Inn gave her strategic information on the commercial real estate market in Missoula. Broadening her scope she moved into the residential market and earned the designation SFR in short sales and foreclosures. Currently affiliated with Prudential Montana Real Estate, she works with both buyers and sellers "building relationships so you can buy & sell with confidence". Sherry Fields has recently earned the CREN designation - Certified Real Estate Negotiator. While price is a large part of negotiation - it is also about timing everything from the closing date to inspections, appraisals, home insurance - and it is about negotiating items that can show up in home inspections to achieve a mutually acceptable outcome.

**************************************************************************** © 2016 BHH Affiliates, LLC. Real Estate Brokerage Services are offered through the network member franchisees of BHH Affiliates, LLC. Most franchisees are independently owned and operated. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of HomeServices of America, Inc ®. Equal Housing Opportunity. Privacy Policy Sherry Fields 1020 South Ave. W., Missoula, MT 59801 | Phone: (406) 207-8448 | Email: Sherry.Fields@bhhsmt.com *******************************************************************************



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