In the real estate industry, client trust is paramount. Buyers have access to marketing technology and information that, ten years ago, was only available to agents.
Choosing an agent can be tricky. Many of the best real estate companies in NYC are vying for your business. Compass, for example, has a reputation as an innovative firm that offers cutting-edge tech and world-class agents.
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Buyer’s Agent
Whether you’re a first-time home buyer or have purchased multiple homes, having the right real estate agent like professionals at Kelly Parker Howard Hanna Real Estate Services, can help ease the process. Unlike listing agents, who represent sellers, buyer’s agents work exclusively with buyers.
They can provide insights into the local market and advise you on the best neighborhood, school, and zoning options for your family. They can also help you set up tours of homes and dig up additional information that’s only sometimes available on listings or websites.
When choosing a buyer’s agent, look for an experienced professional with experience working with buyers and a good reputation in the community or region. Request references from friends or relatives who’ve recently bought a home. Also, ask about the agent’s licensing history.
Seller’s Agent
A seller’s agent, or a listing agent, represents the party selling a property. They provide various services, such as helping clients find contractors to perform home improvements, hosting open houses, and creating marketing materials.
One of their most important duties is ensuring a seller’s home is priced correctly. It can help them to make the most money possible in a short amount of time. They can also assist with the negotiation process, running best and final offers, and other aspects of a real estate transaction. A good listing agent can save clients time and stress during the sale process. They can even be worth their commission in the long run!
Lease Agent
Residential leasing agents typically work for a single property management company or apartment community. They help to set lease terms, conduct property tours, and handle all leasing documents and security deposits. They also run credit checks, inform residents about changes to the rental agreement, and follow fair housing laws.
To be a good leasing agent, you’ll need excellent sales skills and the ability to communicate well with new residents and current tenants. It’s helpful if you have experience in hospitality, real estate, or customer service. A high school diploma is enough to get you started, but some properties and jurisdictions have stricter educational requirements.
Property Manager
Property managers are responsible for the day-to-day management of rental real estate. It includes advertising and showing the property, conducting background checks on prospective tenants, and coordinating lease contracts.
Some property owners opt to self-manage, while others employ professionals. This is especially true for sizable rentals like apartment complexes and office buildings.
Renting out an income-producing property is a popular way to earn extra money and get several tax breaks. But it’s also a big responsibility with many maintenance tasks and financial accounting. It can be challenging to handle alone if you’re out of town or working full-time. A property manager can help you separate investing from operations. They are experienced in landlord-tenant law and can ensure you follow local regulations.
Landlord’s Agent
A landlord’s agent is responsible for finding tenants and arranging contracts. They may also be involved in dealing with any damage caused by a tenant. A good agent will have plans for evictions if needed and should have independent redress and client money protection.
Representatives of landlords market commercial real estate buildings for lease or sale. They possess extensive knowledge about market trends and leasing rates, allowing them to negotiate on behalf of their clients to secure the best value for their property. They can help with leases, tenant improvement allowances, security deposits, rent increases, etc. They work on a commission basis with the landlord or building owner. They may charge a tenant find service fee or a letting agency fee for each tenant they find and screen.
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