Real Estate brokers are who provide help to find the best deal in property you are either selling or buying. They are known as a mediator between the sellers and the buyers. There are two types of agents involved in dealing; one is with whom the seller lists the property and the other who shows the property to prospective buyers.
But for buyers, it is very important to know that both the listing agent and the agent who shows properties are working on behalf of the seller. His main motto is to convince buyers to find better deal. He is responsible to disclose all negative and positive information of the property that a buyer is thinking of.
The role of seller’s agent is to determine the exact rate of the property, schedules advertising and facilitates the sale. On the other hand, the showing agent helps buyers to contact the listing agents, show homes, monitoring the transaction and helps in finding better deal.
Most of the deals, the fee of both agents are paid by the sellers. But many buyers love to hire their personal agent to find reasonable and authentic deal. However, for hiring a personal agent you will have to pay. The fee is nonrefundable and is decided according the length of the home and the extent of the services provided. It is good to sign a contract with the agent in terms of fee and is reviewed and approved by your lawyer.
Overall, real estate agents are considered integral part of finding best deal for both sellers and dealers.