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It depends on the brokerage relationship you have with your client. No Brokerage, Transaction Brokerage or Single Agent. With some you are resposible to both parties, with others you are only responsible to your client. It also varies by state.

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17y ago

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How can I effectively be my own real estate agent?

To effectively be your own real estate agent, you should educate yourself on the real estate market, understand the buying and selling process, research comparable properties, set a realistic price, market your property effectively, negotiate skillfully, and ensure all legal requirements are met. It is also important to stay organized, communicate clearly, and be prepared for the responsibilities that come with being your own agent.


How long does a real estate broker take?

how long does it take to become a realestate broker in the state of Florida


How much does a realestate make?

Well, it is all commission based. But the average salary for a realestate agent would be from $40,000 to $60,000. If you are committed to selling houses and have a good understanding of the market around you, you can make over six figures a year. Most realestate agents who work under a firm may receive less commission than those who own their own. Those working under firm may get 1.5 to 2% in commission, compared to those who have their own company and make 3% in commission. For example lets say a person under a company and a person under a firm both sell a $500,000 home. The agent under a firm would make $10,000 while those who have their own company would make $15,000. The only reason in price difference is because those under a firm automatically has homes to sell because of their company builder. But those who have their own most of the time have to find their own homes to sell through netwoking, ect.. Hope this helps!!!


Want to cancel a realestate purchase how can you stop payment of a cashiers check It is currently being held in escrow?

In short, it is out of your hands and you can only throw yourself upon the mercy of the seller and the escrow agent to allow you to rescind your payment. There is no such thing as a "stop payment" on a cashier's check. The money has already been withdrawn from your account and paid to the cashier who issued the check to the person named on the check. On the other hand, you might suspend the transaction by notifying the escrow agent of the change in plans, or (worst case) by filing for an injunction to prevent delivery of the check to the seller. It may then be returned to the bank to be re-deposited, but more likely is endorsed by the seller to the escrow agent who will deduct the penalties and return the remainder to you in another check.


What are the responsibilities of a managing director?

There are many responsibilities for a Managing Director. This includes delegating the day-to-day running of the company, making sure the aims of the company are being met, and reporting to the executive board.

Related Questions

Can you break your lease if you buy a house in AZ?

i dont know call your realestate agent!


What is the average percent chared to sell a home by a realestate agent?

i dont know i think %3


What is the difference between a realestate agent and a realestate broker?

A realtor is authorized to assist with peopling trade land, and is paid a commission when an arrangement is finished. The specialist might address either the purchaser or the dealer. A land representative does likewise work as a specialist however is authorized to work freely and may utilize specialists.


Where can I find a foreclosure list in my area?

You can call your local realestate agent and get a list of foreclosured homes in your area.


What are the types of travel agent and their responsibilities?

Travel agent: NO ANSWER Responsibilities: Similar to a journalist


Does Chemeketa Community college have a program to teach me how to become a realestate agent?

No, Chemeketa Community College does not list Real Estate as a program they offer on their website.


Does community college teach how to become a realestate agent?

In general, depending on location, that shouldn't be a problem. You'll want to look for a course entitled "Real Estate Practice".


What is a sale agent's responsibilities?

A sales agent has many responsibilities. These experts are expected to assist their customers with finding the products or services that will be meet their needs or prove to be affordable for a specific budget.


What is sales agent responsibilities?

A sales agent has many responsibilities. These experts are expected to assist their customers with finding the products or services that will be meet their needs or prove to be affordable for a specific budget.


What is a good Realestate company to work for as a new agent new to the business in Georgia?

One good company that you could work for is Vincent Davis. The company services north Georgia.


How do you use math in realestate?

Well you may use math by calculating your collected income from commission you' ve earned. For example, say you sold a $300,000 home. Most realestate agents get paid about 3% of the closing value of the home. So you would do 300,000x.03 and you would get $9,000. But don't foget about taxes, which is always 10%. So 10% of $9,000 is $900. So then subtract 900 from 9000. Then the realestate agent knows that he/she will be getting about $8,100 from selling the home. Hope that helped!!!


Responsibilities of a sales agent?

what is a sale agents responiblties what is a sale agents responiblties