It is only once you decide to buy or sell a home that you realise just how many types of real estate agents, there actually are. This can add to your confusion as you aren’t quite certain of which one can help you, given your current position as either the buyer or the seller. Fortunately, it isn’t as complicated as you may think – it is simply a matter of knowing the various terms and understanding what they mean. After that, it is fairly straightforward, which agent will be right for you.

Seller’s Agent

If you are looking to sell your home, then you are going to need a seller’s agent. They are also known as listing agents. The main goal of this individual is to help you sell your home for as much money as possible and hopefully, within the shortest period of time. As a result, these experts will guide you in pricing your home and will market your property. Afterward, they will work to hold open houses and will show prospective buyers around the property. As far as payment goes, these professionals can either ask for a flat rate or for a commission. Both of these fees change from company to company and person to person.

Buyer’s Agent

Now, if you are someone who is looking for a home to purchase, then you are going to require the expertise of buyers agents in Brisbane or wherever else you are looking. It is important to note that sometimes, these individuals are referred to as selling agents, particularly in documents. Since these can be easily confused with seller’s agents, you should be able to spot the difference. This kind of expert is dedicated to helping you find the house that fits your specific requirements. To top it off, they will make negotiations on your behalf to get you a price that is as low as possible. These individuals, too, can either be paid as a flat rate or on a commission basis. Since there are variations between these fees, you need to figure out what the best option for you is.

Buyer’s Consultant

Some individuals may not want to pay for the full service of buyers agents Brisbane and so, will instead, look for a consultant instead. These individuals typically charge an hourly or similar rate, depending on when you require their services. While this may be a more affordable option for certain individuals, it does have the distinct disadvantage of only providing you with only partial guidance.

Dual Agents

These are becoming less common as this practice can be rather untrustworthy. In this scenario, a single individual will act on behalf of both the seller as well as the buyer. While this can make communication between the two parties simpler, it also means that it is often unclear whose side the agent is on. Due to this, most experts would advise that you stay away from such a situation as it will not benefit you in any way.

So, these are all of the professionals that are at your disposal, depending on the service that you require. It is now a matter of selecting one which suits your needs best.

 

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