Tuesday, October 3, 2017

What You Did Not Know About Real Estate Agents

Did you know that the real estate broker does not receive his professional fees until the notarial act is signed with the signature of the deed? In fact, the amount of money that the agent receives as part of the agreement established in the contract of his real estate services with his client, receives it when the transaction is formally specified in the notary.


Commonly called 'commission', the compensation for your services does not go directly into the pockets of the real estate agent. If the collaborating agent (representing the buyer) participates in the sale, the agent inscribing the property (representing the seller) must share the commission, paying the agent representing the seller. On the other hand, as a self-employed person, the real estate agent who has registered the property and represents the seller, has incurred several expenses even before receiving their compensation, such as advertising expenses, liability insurance, transport expenses, operating expenses office, etc.

The sale or purchase of a property involves a variety of complex financial, legal and technical procedures. Doing business with a Real Estate Agent allows you to perform one of the most important transactions of your life without complications avoiding many worries. Remember, you will only receive payment of your compensation for your services when you get concrete results, ie if you successfully completed the sale of your property.

High Qualified Professionals

Real Estate agents to practice must take compulsory training courses offered by recognized certified institutions such as the College of Real Estate. In addition, they have the possibility to access a wide range of continuing education courses that allow them to improve their knowledge and be updated with real estate activity.


Professionals of Real Estate also must pass an examination to obtain a license that allows them to carry out the activity that is administered by the organization of self-regulation of the property brokerage (OACIQ). In addition, they are subject to a professional code of ethics and are regulated by professional practice standards. In short, your agent is qualified and very professionally trained.

Contact Us:-

Shop T4/250 Old Northern Rd,

Castle Hill NSW 2154

Call At:-(02) 9634 3444


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