ECONOMICS (CBSE/UGC NET)

ECONOMICS

SAVING AND INVESTING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Who assists you in purchasing real estate?
A
stockbroker
B
real estate agent
C
an insurance agent
D
a police officer
Explanation: 

Detailed explanation-1: -In a real estate transaction, there are usually two real estate agents involved: a buyer’s agent and a listing agent. Both are often referred to as real estate agents, or REALTORS®. The buyer’s agent works on behalf of the buyer, while the listing agent represents the seller’s interests.

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: -Answer: You’ll find two different types of agents: a buyer’s agent and a seller’s agent. The buyer’s agent works for you to locate the most appropriate home and negotiate the lowest possible price. The seller’s agent works for the seller to make a sale as quickly as possible for the highest possible price.

Detailed explanation-4: -Analyst – Performing financial analysis and valuation of properties. Appraiser – Valuing properties. Agent – a sales agent or “realtor” Building Inspector – Someone who examines buildings and works with appraisers. Commercial Broker – An agent who sells commercial properties. More items •27-Nov-2022

There is 1 question to complete.