Real estate business is arguably the most lucrative industry in most economies around the globe. In this regard, various professionals are in the business of facilitating property transfer. A buyer or seller must thereby be mindful enough to seek the services of a professional that is skilled and knowledgeable enough to secure the best deal possible. In a lucrative industry like the real estate sector, it is probable that there will be conniving individuals that are out to rip-off the unsuspecting public. Therefore you must be cautious in selecting an agent and ensure that the one procured is keen on advancing and protecting your interests.
A buyer’s agent is responsible for the identification of an ideal property based on the preference of his principal. Thereafter the buyer’s agent can schedule showings that are meant to help the buyer settle on a perfect home. Also, the agent is charged with the crucial roles of negotiating and securing the best price on behalf of his agent. The seller’s roles are somewhat entwined with those of a listing agent. This is because most of the time a seller undertakes the responsibilities of a listing agent and vice versa. Therefore it is crucial to understand the role of a listing agent in order to secure a flat fee mls as well as the best services in the market. These roles are enlisted as follows;
Editing a listing description
You must ensure that you procure a listing agent that will write an endearing description of your home so that searchers are prompted to make a purchase. A talented writer will draft informative listings that will highlight the best features of your property and subdue its inadequacies.
Pricing of property
It is every seller’s desire to sell their property at the best market price, and in this regard, it is the responsibility of the listing agent to ensure that the property is valued correctly. A seller’s agent has adequate knowledge of the market and thereby primed to communicate a price that is standard based on data and analysis.
Subsequent to the foregoing, it is the role of the listing agent to negotiate the prices with potential buyers. In practice, a seller’s agent values his property and thereafter it is his responsibility to negotiate the buyer’s offer based on the set value. The negotiating process is based on offers and counter offers, and a good listing agent will ensure that he employs his best skills to initiate the best price possible.
Hosting open houses
This is a crucial role of the listing agent. He is in charge of scheduling showings and answers the queries that are fronted by potential buyers. In this regard, your agent should be available whenever potential buyers schedule appointments.