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What do real estate agents or brokers do?

April 26, 2017agents brokers Real Estate

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What do real estate agents or brokers do?

1 Answer

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10 Posted

-What is a listing broker? -What efforts will the real estate agent make to sell the property? -When is the broker’s commission earned? -What is a binder? -What is a contract for purchase and sale? -Can a contract for purchase and sale be contingent (conditional)? -What is a mortgage? -What types of mortgages are available? -What portion of a monthly mortgage payment actually goes towards reduction of the loan? -Where can a purchaser obtain a mortgage? -How does a buyer obtain a mortgage loan? -How does a borrower know what a mortgage loan will cost and what the monthly payments will be? -What happens if the buyer defaults on his mortgage loan and fails to make payments? Q. What do real estate agents or brokers do? A. A suitable property for purchase can be found in many different ways. Driving through a desirable neighborhood will often disclose “for sale” signs posted on lawns. Advertisements for property by geographical location are listed in the classified section of almost every n