Generally, Real estate agents are licensed to look after the agreements of selling and buying of the apartments. Their work is to help sellers and buyers to sell and buy real estate under the supervision of a real estate broker. In the Negotiation and arrangement of sales agent showcase, list the properties, and complete the contracts related to purchasing agreements. The state government operates all the laws, duties, and licensing related to the real estate.
Listing Homes for Sale
When the homeowners choose they want to sell their homes, most likely they contact the real estate brokerage, so that their home can be listed on the local multiple listing service. This specific database is then shared among all local brokerage members, who then work to find a buyer for the home. In listing a home, the particular duties of the real estate agents are:
- Determine the current value of the house in the market.
- Encourage the homeowner to prepare the home for listing and showings.
- Access the home into the database of MLS.
- Starts marketing of the home to other agents of MLS.
- Use social media for advertisements on the internet.
- Conduct and program home showings.
- Report to the seller if any buyers show interest for home.
- If a buyer makes an offer, the agent helps the seller to get genuine for the singed agreement.
- Regulate the process of signing the contract and closing the deal.
Working with Buyers
However, established dedicated and experienced buyer agents are doing well these days. The agent is also the one who works with the buyer, And MLS allows this for making an offer. Thus agent is authorized to work from both sides of the transactions, and they have access over the conditions of seller or buyer. Here given are the duties of Real Estate Agents in Dubai.
While working with the buyers:
- Agent Help the buyers to find and view homes according to their requirements.
- Guide them about the areas, conditions of the market, and helps to manage the actual price of the home.
- Work with the buyers to form the initial agreement of the purchase with all legal activities.
- Also negotiate if needed, for the offers of sellers.
- Once the process of purchase is executed, the agent coordinates with the transaction process on the side of buyers and also makes sure all the legal activities related to the purchase.
- Coordinate/schedule the appraisals, inspections of the home, and other transaction-related activities.
- Deliver and explain conditions mention in the documents, insurance policies, and the deeds related to purchasing.
- The agent also coordinates during the closing activities of the deal.
While Real Estate Companies in Dubai are often, compare with the agents of travel, because of the drastic changes due to the evolving internet. Now one can see the value in work and the smooth transaction process, which is even safer than the previous time. But these companies are working to provide help to the sellers and buyers with their valuable services.