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LSDefine

Simple English definitions for legal terms

Real estate agent

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A quick definition of Real estate agent:

A real estate agent is a person who helps people buy, sell, or rent houses, buildings, and offices. They have a special license that allows them to do this job. They can work for the person selling the property, the person buying the property, or both. To become a real estate agent, a person needs to take classes and pass a test. They get paid by getting a percentage of the money from the sale or rental of the property. Real estate agents can help with things like setting prices, finding properties, and doing paperwork.

A more thorough explanation:

A real estate agent is a licensed professional who helps people buy, sell, or rent properties such as houses, buildings, and offices. They can represent either the buyer, the seller, or both parties in a real estate transaction.

To become a real estate agent, a person must complete a set number of pre-licensing training hours and pass a written exam covering federal and state laws related to real estate. They must also affiliate with a real estate broker. Real estate agents are paid through commissions based on the sale, purchase, or rental of a property.

Real estate agents can perform various tasks depending on whether they represent the buyer or the seller. For example, they can advise clients on listing or bidding prices, prepare properties for listing, research the market, search for available properties, coordinate open houses, and complete the necessary paperwork to close a transaction.

  • When John decided to sell his house, he hired a real estate agent to help him list the property and find potential buyers.
  • When Sarah wanted to buy a new apartment, she contacted a real estate agent who helped her search for available properties and negotiate the price with the seller.
  • When Tom and Mary decided to rent their commercial space, they hired a real estate agent to advertise the property and find potential tenants.

These examples illustrate how a real estate agent can assist clients in different types of real estate transactions, whether it's selling, buying, or renting a property.

real covenant | Real estate broker

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[] c0bra1
16:14
damn my wake forest withdrawal didnt help the wl ppl 💀
MrThickRopes
16:15
what they gon collect frum me
MrThickRopes
16:15
nothin
Fuck fo pm
MrThickRopes
16:24
thas right
BlueFalcon95
16:25
Das right
hey, just so u all know - i just farted
i luv u all and will be seeing u all shortly
17:02
I floated marquettes deadline hopefully someone on the WL is thankful
18:10
safety
18:56
Ughhhhhhhhhh
Lets gooo my school was gunning median this last cycle 🤣
21:37
movie recs?
starfishies
21:45
rankings out woo
eggan
22:06
NYU solos columbia any day
Washu, TX, Vandy all move up and did well at 14
I am shocked that NW drops to 10 and NYU moves up to 8
[] c0bra1
23:07
holy cow unc is 18 time to beg to get off the waitlist
[] c0bra1
23:08
"rankings don't matter" i chant as i reorder my preference list
23:22
are the rankings on US News&World Report accurate?
YM-Honor-Student
23:24
No those are incorrect
YM-Honor-Student
23:24
Kansas is t14 and Cornell is rank 50
YM-Honor-Student
23:25
@DrDresSays: I recommend Cinema Paradiso. Makes me cry everytime.
YM-Honor-Student
23:26
The rankings literally did not change in my opinion. Smh. Going by like job outcomes and constitutional law, stayed the same.
23:28
@YM-Honor-Student: thank you!
YM-Honor-Student
23:29
You are welcome!
YM-Honor-Student
23:33
UFlorida should be higher for winning march madness lol.
Napo
1:43
Oof ASU dropped hard
LovelyDay
4:46
Yeah, they’ve been heading in that direction and the methodology change made it even more pronounced. As dumb as these rankings are, think they placed ASU about right
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