Real Estate Brokers – Sale or Purchase - Help Available at the Right Time

Real Estate Brokers are the people who act as intermediary between buyers and sellers. When representing buyers they try to find a property with clear legal and financial issues. When representing sellers they try to earn high margin for sellers.
The money paid as commission to them is more than worth because of the immediate financial benefit they get us plus the peace of mind during the whole transaction. US Bureau of labour statistics claims about 600,000 working property brokers in US.

Real Estate Brokers can be found through
•    Online listings giving details of brokers available area wise
•    Newspaper Advertisements
•    References - Family and friends may refer us to some brokers with whom they had a good experience in the past.

How to choose ideal real estate brokers
•    Licence – They must carry a license, the license is provided by state government after they pass a qualifying test. To qualify for the test they must have done a course of approximately 40 to 90 hours duration as stipulated by the state.
•    Qualifications – They must know fluent English, they must have done a course in finance or business administration and should be minimum 18 years of age.

Real Estate brokers assist sellers in selling their property at the highest possible price at the terms favorable to sellers and while assisting buyers they try to get them property at the lowest possible price with best terms and conditions favouring buyers.
Generally brokers sign an agreement to represent buyer or seller which becomes a legal document for them to get their commission.

Services provided by real estate brokers are
•    Comparative Market Analysis(CMA) – A analysis of one’s home value with similar property in the market
•    FSBO document preparation
•    Hourly consulting for a fee
•    Exchanging property
•    Facilitating a Sale or Purchase