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A real estate agent guides clients through the process of buying, selling, or renting residential or commercial properties. This includes locating and showing appropriate properties to their clients; advising them on price bidding, and helping them negotiate a contract; guiding sellers in selecting an appropriate asking price, and helping them present their property for sale; hosting open houses; and generally facilitating communication between all parties involved.
Real estate agents must also invest time in networking to find new clients and in publishing and reviewing real estate listings.
While people typically think of real estate agents as working with private residential properties, some agents work with commercial properties, helping corporate clients buy, sell, or rent properties to use for their business. Commercial realty requires more research on the part of the agent, as they work to locate properties that they can demonstrate will ultimately boost the client’s business.
While both perform the same duties and are often used interchangeably, there is a difference between the two titles. A Realtor is a real estate agent who is a certified member of the National Association of Realtors, and is thus bound by its code of ethics and professional standards.
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