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Indianapolis Real Estate Article

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The Realities of Real Estate Agents

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With the sale of property wrapped up in laws, guidelines and ordinances, competent real estate agents are just the type of professional many do not like to go without. The purchase or sale of property can sometimes be confusing and intimidating, especially for those who are new to the world of real estate. Real estate agents and their specialized knowledge not only work to create a smooth buying or selling experience, but an educational one as well. The agent who is not able to provide this for his or her clients is not likely to find themselves in great demand.

Real estate agents are commonly referred to as sales agents, as they work to get their clients the highest price when selling and the lowest price when buying. Because of the number of aspects involved with the buying and selling of property, becoming a real estate agent requires one to meet all licensing requirements for their state of practice. Thanks to the advent of the internet, training for a real estate license can now be obtained through accredited online courses. Sellers or buyers acting on their own behalf do not require licensing. Likewise, in some states, attorneys can also act as an agent without needing to meet state licensing requirements.

In the world of real estate, there can be some confusion as to the difference between Realtors, real estate agents and real estate brokers. While agents work for others and focus mainly on sales, brokers often take on their own branch responsibilities. Realtors are those who are a combination of a broker and agent. Each type of agent has their own level of schooling, training, and exams that must be successfully passed in order to obtain a legitimate license for practice. Practicing without a license is both unethical and unlawful. As an unfortunate number have found, those who use unlicensed professionals leave themselves open for no compensation under the law should a transaction hit a snag and go terribly wrong.

Legitimate and ethical real estate agents are those who display their license number prominently and welcome all inquiries into their background and sales experience. They also regularly renew their license in order to continue practicing legally. While some agents work for a firm or other prominent outfits, others work as free agents or proprietors of their own agencies. For the most part, agents work on a commission. Depending on whether they work for a firm or their licensing and experience, many agents will offer their clients a number of helpful services related to the sale or purchase of property.


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Indianapolis Real Estate News

Simon Property Group and Woodmont Outlets/EWB Development, LLC Receive Site ... - MarketWatch (press release)


Simon Property Group and Woodmont Outlets/EWB Development, LLC Receive Site ...
MarketWatch (press release)
INDIANAPOLIS, May 22, 2012 /PRNewswire via COMTEX/ -- Simon Property Group, Inc., (NYSE:SPG) , the world's leading retail real estate company, Woodmont Outlets and EWB Development, LLC announced they have received approvals from the Chesterfield City ...

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Simon Property shareholders reject CEO pay plan - BusinessWeek


Wall Street Journal

Simon Property shareholders reject CEO pay plan
BusinessWeek
AP Simon Property Group Inc.'s shareholders overwhelmingly rejected the company's plan to boost its CEO's pay over an eight-year period, according to a document filed Tuesday with the Securities and Exchange Commission. The vote was not binding, ...
Investors Reject Simon Property CEO's PayWall Street Journal

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Indianapolis area has most-affordable housing - Indianapolis Star


Indianapolis area has most-affordable housing
Indianapolis Star
When Indianapolis real estate agents say now is a good time to buy a home, it's more than a sales come-on. The metro area is once again the most affordable big-city housing market in the nation, wresting back an honor that had been stolen away the past ...

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Simon Property becomes biggest real estate company - BusinessWeek


Long Island Business News

Simon Property becomes biggest real estate company
BusinessWeek
The nation's largest shopping mall operator, Simon Property Group Inc., is now also the world's largest real estate company. Indianapolis-based Simon Property this month is listed at No. 1 on the FTSE EPRA/NAREIT Global Real Estate Index.
Simon Property Group becomes biggest real estate companyIndianapolis Star

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Employment up over 40% at First Internet Bank - MarketWatch (press release)


Employment up over 40% at First Internet Bank
MarketWatch (press release)
First Internet Bank offers commercial and industrial lending locally, commercial real estate lending regionally, mortgage loans in 49 states, and personal loans and deposit accounts in 50 states. First Internet Bank did not receive any economic ...

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