A Real Estate Agent or Real Estate Broker is a person who facilitates the acquisition of property or real estate in another jurisdiction by a qualified buyer. A real estate broker normally acts on behalf of a client who has approached a real estate agency for buying property. The Real Estate Agency or the real estate broker’s role is to assist the client in finding a property that suits his or her needs, in accordance with the law. In England they say: a real estate broker is a person who is legally authorized to act as agents for the transfer of real property; also referred to as “in England they usually call a real estate broker a land agent.” A real estate broker can also be a person who holds a professional license, or an attorney, who holds an office in the county court, a Scotland Yard office, or in any other county in England and he has the duty to carry out the legal deals connected with the transfer of deeds of trust, mortgages, deeds of ownership, etc.. Have a look at Davy Talley – Keller Williams.
It is a misconception that brokers are businessmen who are only out there to make money from buyers, although that may be one of their functions. In general a real estate agency is made up of a group of experts who have the responsibility to serve the clients’ needs in a competent manner. They must undertake the necessary background research about the client before approaching him or her for any kind of deal. The main function of the agents involved in the buying process is to find the right property for the clients so that the buyer can benefit from it.
Before starting your career as a real estate agency broker, you should prepare for the licensing exam, which is likely to come at the end of your course. Preparation and hard work are two important ingredients for getting through the licensing exam unscathed. The exam consists of questions concerning real estate basics, contracts, escrow accounts, mortgage terms, title, building structures and the like. Once you pass the licensing exam successfully, you will become a licensed agent and you will be ready to take on the world of real estate brokers.