In Australia, real estate brokers are ubiquitous, making it tough to distinguish between the excellent and the bad. If you're selling your house, you'll want to hire the greatest real estate agent you can find to assist you to receive the best possible price.

Understanding what a real estate agent performs will provide you with a much better starting point for comparing agents and determining which one is best for you.

Services real estate brokers provide to buyers:

There is a significant difference between real estate agents in general and buyer's agents in particular. A buyer's agent searches for, finds, and negotiates homes on behalf of the buyer. They usually only deal in this type of real estate and do not sell homes.

A buyer's agent can assist buyers in negotiating the greatest price at an auction or in a private sale. Because the buyer can hire an expert in bidding and negotiating, this can reduce the buyer's stress levels significantly.

Buyer's agents may have access to a large number of homes, some of which aren't publicized. They are usually paid a set fee or a portion of the purchase price of the property.

A real estate agent can assist you in finding their marketed properties or provide information on properties they are showing, but they ultimately work for the seller and will put the seller's interests ahead of the buyer's.

Services real estate brokers provide to sellers:

The job of a real estate agent boils down to one thing: getting the best price for the seller.

Real estate brokers will promote homes to potential purchasers in a variety of methods. They may use a combination of traditional advertising, such as signage, window displays, and newspaper ads, as well as internet advertising.

A qualified real estate agent should also assist you in improving the marketability of your home. They should offer suggestions for improving the appeal of your property to potential buyers, such as interior design ideas or advice on how to improve its curb appeal.

When dealing with an agency, what are my rights?

When interacting with real estate brokers, consumers are protected by many restrictions. The Australian Competition and Consumer Commission (ACCC) lays out several responsibilities for real estate brokers to ensure that consumers' rights are respected.