The Real Estate Broker usually will sell, for a fee, real estate owned by others. The Real Estate Broker must obtain agreements from property owners to place properties for sale with real estate firms. The Real Estate Broker monitors fulfillment of purchase contract terms to ensure that they are handled in a timely manner. The Real Estate Broker compares a property with similar properties that have recently sold, in order determine its competitive market price for the seller. The Real Estate Broker often acts as an intermediary in negotiations between buyers and sellers over property prices and settlement details, and during the closing of sales.
The Real Estate Broker generates lists of properties for sale, their locations and descriptions, and available financing options, using computers. The Real Estate Broker maintains knowledge of real estate law, local economies, fair housing laws, and types of available mortgages, financing options and government programs. The Real Estate Broker checks work completed by loan officers, attorneys, and other professionals to ensure that it is performed properly. The Real Estate Broker gets appraises on property values or they may need to assess income potential. The Real Estate Broker maintains awareness of current income tax regulations, local zoning, building and tax laws, and growth possibilities of the area where a property is located. The Real Estate Broker manages and operates real estate offices, handling associated business details.
The Real Estate Broker supervises agents who handle real estate transactions. The Real Estate Broker arranges for title searches of properties being sold. The Real Estate Broker also helps rent out properties especially for large business’s who own and operate apartment complex. The Real Estate Broker gives buyers virtual tours of properties in which they are interested, using computers. The Real Estate Broker reviews property details to ensure that environmental regulations are met. The Real Estate Broker develops, sells, or leases property used for industry or manufacturing. The Real Estate Broker maintains working knowledge of various factors that determine a farm’s capacity to produce, including agricultural variables and proximity to market centers and transportation facilities.
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