ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -A real estate agent is a professional mediator who will act as an intermediary between both the parties and will assist in carrying out a hassle free transaction. People tend to search direct deals but more often than not get confused and lost in the process or could end up paying a lot more than the actual value.

Detailed explanation-2: -The daily duties of a real estate agent include marketing and listing property, working directly with homeowners and buyers, and helping various parties with paperwork. Attracting job applicants is often relatively simple; however, attracting quality applicants can be challenging.

Detailed explanation-3: -If you have been involved in real estate for any length of time, you’ve heard it said that the three most important things when it comes to real estate are “location, location, location.” I’ve heard nationally-recognized experts say that over and over on national media.

Detailed explanation-4: -A real estate broker or salesperson operates as a special agent which is the type of agent that is most common for a real estate salesperson or broker to be. The special agent is one who is only granted limited authority to act on behalf of the principal.