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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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Phoenix Arizona Real Estate News

Levrose hires sales/leasing agent - AZ Central.com


Levrose hires sales/leasing agent
AZ Central.com
24, 2012 07:16 AM Aaron Norwood joined Levrose Commercial Real Estate in Scottsdale as a sales/leasing associate. He focuses on landlord and tenant representation in the Phoenix metro real-estate market. Previously, he worked for 1st USA Commercial ...

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Advanced Auto Parts Store Trades for $278 PSF - CoStar Group


Advanced Auto Parts Store Trades for $278 PSF
CoStar Group
By Holly E. Polivka Cole Real Estate Investments, a Phoenix, Arizona-based commercial investment firm acquired the Advanced Auto Parts store in North Ridgeville, OH from WXZ Development for $1.67 million, or about $278 per square foot.

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Cole Buys Toys/Babies 'R Us Location for Nearly $3.8M - CoStar Group


Cole Buys Toys/Babies 'R Us Location for Nearly $3.8M
CoStar Group
By Holly E. Polivka Cole Real Estate Investments, a Phoenix, AZ-based commercial investment firm, acquired property at 8505-8515 Day Drive in Parma, OH, from Parmatown Realty for $3.75 million, or about $78 per square foot.

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Paulson-Led Group to Sell Hotels to End Their Bankruptcy - Bloomberg


Paulson-Led Group to Sell Hotels to End Their Bankruptcy
Bloomberg
Paulson, a New York-based hedge fund, and co-investor Winthrop Realty Trust (FUR) are marketing the Arizona Biltmore in Phoenix with a opening price of $425 million, and the 279-room Claremont Hotel starting at $80 million, according to two people ...

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American Internet Services (AIS) Expands With Digital Realty In Phoenix - MarketWatch (press release)


American Internet Services (AIS) Expands With Digital Realty In Phoenix
MarketWatch (press release)
... Internet Services (AIS), a leading provider of enterprise-class data center, cloud and connectivity services in the western United States, to expand its data center presence in Digital Realty's 120 East Van Buren property in Phoenix, Arizona.

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