{"id":9189,"date":"2022-03-30T11:06:58","date_gmt":"2022-03-30T18:06:58","guid":{"rendered":"https:\/\/www.flyhomes.com\/blog\/?p=9189"},"modified":"2022-05-26T09:30:24","modified_gmt":"2022-05-26T16:30:24","slug":"what-do-real-estate-agents-really-do","status":"publish","type":"post","link":"https:\/\/flyhomes.com\/blog\/what-do-real-estate-agents-really-do\/","title":{"rendered":"What do real estate agents really do?"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">What to expect from your real estate agent<\/h2>\n\n\n\n<p><strong>Key takeaways:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Almost every home sale in the United States involves a real estate agent<br><\/li><li>While agents can either represent the buyer or seller in a transaction, some act as dual agents when the law allows<br><\/li><li>State licensing is required to legally work as a real estate agent&nbsp;<\/li><li>Agents also have to be employed by brokers in order to take on clients.<br><\/li><li>Agents handle dozens of different tasks that range from marketing to accepting offers on behalf of their clients<br><\/li><li>Real estate agents are often paid on commission<br><\/li><li>A real estate agent isn&#8217;t the same thing as a REALTOR\u00ae.<br><\/li><\/ul>\n\n\n\n<p>What exactly does a real estate agent do? Buying and selling real estate is complicated, so it\u2019s no wonder that some of the details of the job are lost on the average person. You may even wonder whether you<a href=\"https:\/\/www.flyhomes.com\/blog\/in-the-homebuying-process-how-soon-do-you-engage-with-a-real-estate-agent\/\" target=\"_blank\" rel=\"noreferrer noopener\"> really need to meet with a real estate agent before you can begin looking at homes<\/a>.&nbsp;<\/p>\n\n\n\n<p>Real estate agents help people who are buying or selling homes in every town and city across the US. They are integral to the home sale process because they possess the knowledge and expertise needed to move their clients along through closing. In this article, <strong>we&#8217;ll cover the real role of real estate professionals<\/strong>.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_81 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">In this article<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69e7b301548fe\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69e7b301548fe\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/flyhomes.com\/blog\/what-do-real-estate-agents-really-do\/#Does_everyone_use_a_real_estate_agent\" >Does everyone use a real estate agent?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/flyhomes.com\/blog\/what-do-real-estate-agents-really-do\/#How_many_real_estate_agents_are_there\" >How many real estate agents are there?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/flyhomes.com\/blog\/what-do-real-estate-agents-really-do\/#What_is_a_real_estate_agent\" >What is a real estate agent?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/flyhomes.com\/blog\/what-do-real-estate-agents-really-do\/#Helping_buyers_find_homes\" >Helping buyers find homes<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/flyhomes.com\/blog\/what-do-real-estate-agents-really-do\/#Providing_mortgage_help\" >Providing mortgage help<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/flyhomes.com\/blog\/what-do-real-estate-agents-really-do\/#Facilitating_negotiations\" >Facilitating negotiations<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/flyhomes.com\/blog\/what-do-real-estate-agents-really-do\/#Helping_with_paperwork\" >Helping with paperwork<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/flyhomes.com\/blog\/what-do-real-estate-agents-really-do\/#Assisting_with_closing\" >Assisting with closing<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/flyhomes.com\/blog\/what-do-real-estate-agents-really-do\/#Is_every_real_estate_agent_a_REALTOR%C2%AE\" >Is every real estate agent a REALTOR\u00ae?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/flyhomes.com\/blog\/what-do-real-estate-agents-really-do\/#Can_a_real_estate_agent_be_a_buyer_and_seller_agent\" >Can a real estate agent be a buyer and seller agent?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/flyhomes.com\/blog\/what-do-real-estate-agents-really-do\/#How_are_real_estate_agents_paid\" >How are real estate agents paid?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/flyhomes.com\/blog\/what-do-real-estate-agents-really-do\/#The_difference_between_a_real_estate_agent_and_broker\" >The difference between a real estate agent and broker<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/flyhomes.com\/blog\/what-do-real-estate-agents-really-do\/#The_roundup_why_real_estate_agents_matter\" >The roundup: why real estate agents matter<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/flyhomes.com\/blog\/what-do-real-estate-agents-really-do\/#FAQs\" >FAQs<\/a><\/li><\/ul><\/nav><\/div>\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Does_everyone_use_a_real_estate_agent\"><\/span>Does everyone use a real estate agent?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Most buyers and sellers use real estate agents. But not everyone. According to the<a href=\"https:\/\/www.nar.realtor\/sites\/default\/files\/documents\/2021-home-buyers-and-sellers-generational-trends-03-16-2021.pdf\" target=\"_blank\" rel=\"noreferrer noopener\"> 2021 Home Buyers and Sellers Generational Trends Report<\/a> released by the National Association of REALTORS\u00ae, 88% of all buyers purchased their homes using real estate agents. Among buyers age 30 and under, 91% went through the process with a real estate agent.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_many_real_estate_agents_are_there\"><\/span>How many real estate agents are there?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The National Association of REALTORS\u00ae estimates that there are<a href=\"https:\/\/www.nar.realtor\/research-and-statistics\/quick-real-estate-statistics\" target=\"_blank\" rel=\"noreferrer noopener\"> over 3 million active real estate licensees in the United States<\/a>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_a_real_estate_agent\"><\/span>What is a real estate agent?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Real estate agents are licensed professionals responsible for organizing communications and transactions between real estate buyers and sellers. Most real estate transactions involve one agent who represents the buyer and one representing the seller (also known as a listing agent). When working as a buyer&#8217;s agent, an agent will show a buyer homes, submit offers, and negotiate on behalf of the client all the way up through closing. When working as a seller&#8217;s agent, an agent will show a property, submit offers to the seller, and negotiate on behalf of the client through closing.&nbsp;<\/p>\n\n\n\n<p><strong>Everyday tasks for either a buyer\u2019s or seller\u2019s agent include:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Responding to texts, emails, and phone calls from both sellers and buyers regarding market trends, specific properties, and more<br><\/li><li>Organizing and hosting open houses<br><\/li><li>Helping sellers <a href=\"https:\/\/www.flyhomes.com\/blog\/setting-a-list-price\/\" target=\"_blank\" rel=\"noreferrer noopener\">set listing prices<br><\/a><\/li><li>Staging a property<br><\/li><li>Taking photographs of properties<br><\/li><li>Coordinating showings<br><\/li><li>Holding appointments with buyers and sellers<br><\/li><li>Creating and distributing promotional materials for properties<br><\/li><li>Creating marketing plans for listings<br><\/li><li>Generating market analysis reports for clients<br><\/li><li>Researching local property activity to develop comparative market analysis (CMA) reports<br><\/li><\/ul>\n\n\n\n<p>All real estate agents must be licensed by the states they work in. In addition, agents are required to complete continuing education courses to renew their licenses every few years. This ensures that they are informed on the latest updates regarding property laws, housing laws, real estate laws, and business law.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Helping_buyers_find_homes\"><\/span>Helping buyers find homes<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Real estate agents provide buyers access to homes that are on the local multiple listing service (MLS). This system makes it much easier for buyers to find homes within their price range in specific locations. Similarly, sellers get the benefit of having their homes made much more accessible for buyers to find.<\/p>\n\n\n<figure class=\"wp-block-unsplash-image wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"9191\" data-permalink=\"https:\/\/flyhomes.com\/blog\/what-do-real-estate-agents-really-do\/pypeceajezy\/\" data-orig-file=\"https:\/\/images.unsplash.com\/photo-1542744173-05336fcc7ad4?ixid=MnwxNTIyNDV8MHwxfGFsbHx8fHx8fHx8fDE2NDg2NjM0NjY&amp;ixlib=rb-1.2.1&amp;fm=jpg&amp;q=85&amp;fit=crop&amp;w=2560&amp;h=1853\" data-orig-size=\"2560,1853\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;4.0&quot;,&quot;credit&quot;:&quot;Campaign Creators&quot;,&quot;camera&quot;:&quot;ILCE-6300&quot;,&quot;caption&quot;:&quot;person using MacBook Pro&quot;,&quot;created_timestamp&quot;:&quot;2018-11-20T15:03:07-05:00&quot;,&quot;copyright&quot;:&quot;Campaign Creators&quot;,&quot;focal_length&quot;:&quot;21.0&quot;,&quot;iso&quot;:&quot;100&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;person using MacBook Pro&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"\" data-image-description=\"&lt;p&gt;person using MacBook Pro&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Photo by &lt;a href=&quot;https:\/\/unsplash.com\/@campaign_creators&quot; rel=&quot;nofollow&quot;&gt;Campaign Creators&lt;\/a&gt; on &lt;a href=&quot;https:\/\/unsplash.com\/?utm_source=the-living-room&#038;utm_medium=referral&quot; rel=&quot;nofollow&quot;&gt;Unsplash&lt;\/a&gt; &lt;\/p&gt;\n\" data-medium-file=\"https:\/\/images.unsplash.com\/photo-1542744173-05336fcc7ad4?ixid=MnwxNTIyNDV8MHwxfGFsbHx8fHx8fHx8fDE2NDg2NjM0NjY&amp;ixlib=rb-1.2.1&amp;fm=jpg&amp;q=85&amp;fit=crop&amp;w=300&amp;h=217\" data-large-file=\"https:\/\/images.unsplash.com\/photo-1542744173-05336fcc7ad4?ixid=MnwxNTIyNDV8MHwxfGFsbHx8fHx8fHx8fDE2NDg2NjM0NjY&amp;ixlib=rb-1.2.1&amp;fm=jpg&amp;q=85&amp;fit=crop&amp;w=1024&amp;h=741\" src=\"https:\/\/images.unsplash.com\/photo-1542744173-05336fcc7ad4?ixid=MnwxNTIyNDV8MHwxfGFsbHx8fHx8fHx8fDE2NDg2NjM0NjY&#038;ixlib=rb-1.2.1&#038;fm=jpg&#038;q=85&#038;fit=crop&#038;w=1024&#038;h=741\" alt=\"person using MacBook Pro\" class=\"wp-image-9191\" width=\"1024\" height=\"741\" title=\"\" srcset=\"https:\/\/images.unsplash.com\/photo-1542744173-05336fcc7ad4?ixid=MnwxNTIyNDV8MHwxfGFsbHx8fHx8fHx8fDE2NDg2NjM0NjY&amp;ixlib=rb-1.2.1&amp;fm=jpg&amp;q=85&amp;fit=crop&amp;w=300&amp;h=217 300w, https:\/\/images.unsplash.com\/photo-1542744173-05336fcc7ad4?ixid=MnwxNTIyNDV8MHwxfGFsbHx8fHx8fHx8fDE2NDg2NjM0NjY&amp;ixlib=rb-1.2.1&amp;fm=jpg&amp;q=85&amp;fit=crop&amp;w=1024&amp;h=741 1024w, https:\/\/images.unsplash.com\/photo-1542744173-05336fcc7ad4?ixid=MnwxNTIyNDV8MHwxfGFsbHx8fHx8fHx8fDE2NDg2NjM0NjY&amp;ixlib=rb-1.2.1&amp;fm=jpg&amp;q=85&amp;fit=crop&amp;w=150&amp;h=108 150w, https:\/\/images.unsplash.com\/photo-1542744173-05336fcc7ad4?ixid=MnwxNTIyNDV8MHwxfGFsbHx8fHx8fHx8fDE2NDg2NjM0NjY&amp;ixlib=rb-1.2.1&amp;fm=jpg&amp;q=85&amp;fit=crop&amp;w=768&amp;h=555 768w, https:\/\/images.unsplash.com\/photo-1542744173-05336fcc7ad4?ixid=MnwxNTIyNDV8MHwxfGFsbHx8fHx8fHx8fDE2NDg2NjM0NjY&amp;ixlib=rb-1.2.1&amp;fm=jpg&amp;q=85&amp;fit=crop&amp;w=1536&amp;h=1111 1536w, https:\/\/images.unsplash.com\/photo-1542744173-05336fcc7ad4?ixid=MnwxNTIyNDV8MHwxfGFsbHx8fHx8fHx8fDE2NDg2NjM0NjY&amp;ixlib=rb-1.2.1&amp;fm=jpg&amp;q=85&amp;fit=crop&amp;w=2048&amp;h=1482 2048w, https:\/\/images.unsplash.com\/photo-1542744173-05336fcc7ad4?ixid=MnwxNTIyNDV8MHwxfGFsbHx8fHx8fHx8fDE2NDg2NjM0NjY&amp;ixlib=rb-1.2.1&amp;fm=jpg&amp;q=85&amp;fit=crop&amp;w=610&amp;h=441 610w, https:\/\/images.unsplash.com\/photo-1542744173-05336fcc7ad4?ixid=MnwxNTIyNDV8MHwxfGFsbHx8fHx8fHx8fDE2NDg2NjM0NjY&amp;ixlib=rb-1.2.1&amp;fm=jpg&amp;q=85&amp;fit=crop&amp;w=345&amp;h=249 345w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Real estate agents have access to market data and analysis that buyers and sellers need to make informed decisions<\/figcaption><\/figure>\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Providing_mortgage_help\"><\/span>Providing mortgage help<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>While a real estate agent can&#8217;t help someone qualify for a mortgage, they can help the process go smoothly by recommending lenders and informing them on best practices for obtaining good rates. In addition, agents can help sellers by ensuring that only pre-approved buyers are being considered.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Facilitating_negotiations\"><\/span>Facilitating negotiations<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Real estate agents help sellers get the best offers, while buyer\u2019s agents advocate for their clients so they have a better chance at having their offer accepted. Buyer\u2019s agents can also help buyers verify that a home meets all the necessary requirements to be a good option. If a home doesn&#8217;t ultimately offer what a buyer wants, they can help them shift their focus onto different properties.<\/p>\n\n\n\n<p>A real estate agent acts as the point person throughout the process. When buyers uncover unexpected inspection or appraisal issues after having their offers accepted, agents can help them negotiate their next move.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Helping_with_paperwork\"><\/span>Helping with paperwork<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The process of buying or selling a home can feel like a marathon of paperwork. Fortunately, agents are there to help their clients make sense of all of the documentation that needs to be verified, signed, and submitted. Being accurate and on time with paperwork is essential for getting through the closing process without setbacks and delays.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Assisting_with_closing\"><\/span>Assisting with closing<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Agents also help to ensure that closing day goes smoothly. In addition to providing referrals for attorneys, escrow firms, inspectors, title companies, and all of the other professionals needed for closing, they can coordinate communication with all of the parties involved. Agents also remind their clients of important deadlines along the way to ensure that they are never in breach of contract.<\/p>\n\n\n<figure class=\"wp-block-unsplash-image wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"9192\" data-permalink=\"https:\/\/flyhomes.com\/blog\/what-do-real-estate-agents-really-do\/itzfgp77dtg\/\" data-orig-file=\"https:\/\/images.unsplash.com\/photo-1584738766473-61c083514bf4?ixid=MnwxNTIyNDV8MHwxfGFsbHx8fHx8fHx8fDE2NDg2NjM1Mjk&amp;ixlib=rb-1.2.1&amp;fm=jpg&amp;q=85&amp;fit=crop&amp;w=2560&amp;h=1707\" data-orig-size=\"2560,1707\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;1.4&quot;,&quot;credit&quot;:&quot;Aubrey Odom-Mabey&quot;,&quot;camera&quot;:&quot;NIKON D80&quot;,&quot;caption&quot;:&quot;House&quot;,&quot;created_timestamp&quot;:&quot;2020-03-20T17:12:59-04:00&quot;,&quot;copyright&quot;:&quot;Aubrey Odom-Mabey&quot;,&quot;focal_length&quot;:&quot;50.0&quot;,&quot;iso&quot;:&quot;100&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;white and brown wooden house near green trees during daytime&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"\" data-image-description=\"&lt;p&gt;House&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Photo by &lt;a href=&quot;https:\/\/unsplash.com\/@octoberroses&quot; rel=&quot;nofollow&quot;&gt;Aubrey Odom-Mabey&lt;\/a&gt; on &lt;a href=&quot;https:\/\/unsplash.com\/?utm_source=the-living-room&#038;utm_medium=referral&quot; rel=&quot;nofollow&quot;&gt;Unsplash&lt;\/a&gt; &lt;\/p&gt;\n\" data-medium-file=\"https:\/\/images.unsplash.com\/photo-1584738766473-61c083514bf4?ixid=MnwxNTIyNDV8MHwxfGFsbHx8fHx8fHx8fDE2NDg2NjM1Mjk&amp;ixlib=rb-1.2.1&amp;fm=jpg&amp;q=85&amp;fit=crop&amp;w=300&amp;h=200\" data-large-file=\"https:\/\/images.unsplash.com\/photo-1584738766473-61c083514bf4?ixid=MnwxNTIyNDV8MHwxfGFsbHx8fHx8fHx8fDE2NDg2NjM1Mjk&amp;ixlib=rb-1.2.1&amp;fm=jpg&amp;q=85&amp;fit=crop&amp;w=1024&amp;h=683\" src=\"https:\/\/images.unsplash.com\/photo-1584738766473-61c083514bf4?ixid=MnwxNTIyNDV8MHwxfGFsbHx8fHx8fHx8fDE2NDg2NjM1Mjk&#038;ixlib=rb-1.2.1&#038;fm=jpg&#038;q=85&#038;fit=crop&#038;w=1024&#038;h=683\" alt=\"white and brown wooden house near green trees during daytime\" class=\"wp-image-9192\" width=\"1024\" height=\"683\" title=\"\" srcset=\"https:\/\/images.unsplash.com\/photo-1584738766473-61c083514bf4?ixid=MnwxNTIyNDV8MHwxfGFsbHx8fHx8fHx8fDE2NDg2NjM1Mjk&amp;ixlib=rb-1.2.1&amp;fm=jpg&amp;q=85&amp;fit=crop&amp;w=300&amp;h=200 300w, https:\/\/images.unsplash.com\/photo-1584738766473-61c083514bf4?ixid=MnwxNTIyNDV8MHwxfGFsbHx8fHx8fHx8fDE2NDg2NjM1Mjk&amp;ixlib=rb-1.2.1&amp;fm=jpg&amp;q=85&amp;fit=crop&amp;w=1024&amp;h=682 1024w, https:\/\/images.unsplash.com\/photo-1584738766473-61c083514bf4?ixid=MnwxNTIyNDV8MHwxfGFsbHx8fHx8fHx8fDE2NDg2NjM1Mjk&amp;ixlib=rb-1.2.1&amp;fm=jpg&amp;q=85&amp;fit=crop&amp;w=150&amp;h=100 150w, https:\/\/images.unsplash.com\/photo-1584738766473-61c083514bf4?ixid=MnwxNTIyNDV8MHwxfGFsbHx8fHx8fHx8fDE2NDg2NjM1Mjk&amp;ixlib=rb-1.2.1&amp;fm=jpg&amp;q=85&amp;fit=crop&amp;w=768&amp;h=512 768w, https:\/\/images.unsplash.com\/photo-1584738766473-61c083514bf4?ixid=MnwxNTIyNDV8MHwxfGFsbHx8fHx8fHx8fDE2NDg2NjM1Mjk&amp;ixlib=rb-1.2.1&amp;fm=jpg&amp;q=85&amp;fit=crop&amp;w=1536&amp;h=1024 1536w, https:\/\/images.unsplash.com\/photo-1584738766473-61c083514bf4?ixid=MnwxNTIyNDV8MHwxfGFsbHx8fHx8fHx8fDE2NDg2NjM1Mjk&amp;ixlib=rb-1.2.1&amp;fm=jpg&amp;q=85&amp;fit=crop&amp;w=2048&amp;h=1365 2048w, https:\/\/images.unsplash.com\/photo-1584738766473-61c083514bf4?ixid=MnwxNTIyNDV8MHwxfGFsbHx8fHx8fHx8fDE2NDg2NjM1Mjk&amp;ixlib=rb-1.2.1&amp;fm=jpg&amp;q=85&amp;fit=crop&amp;w=610&amp;h=406 610w, https:\/\/images.unsplash.com\/photo-1584738766473-61c083514bf4?ixid=MnwxNTIyNDV8MHwxfGFsbHx8fHx8fHx8fDE2NDg2NjM1Mjk&amp;ixlib=rb-1.2.1&amp;fm=jpg&amp;q=85&amp;fit=crop&amp;w=370&amp;h=246 370w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>A lot needs to happen in a specific order to successfully close on a house and real estate agents help keep that process moving<\/figcaption><\/figure>\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Is_every_real_estate_agent_a_REALTOR%C2%AE\"><\/span>Is every real estate agent a REALTOR\u00ae?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>No, real estate agents aren&#8217;t necessarily REALTORS\u00ae. However, many are. A REALTOR\u00ae is an agent who is also a member of the National Association of REALTORS\u00ae (NAR). While NAR membership is not required to work as a real estate agent, roughly half of all agents are REALTORS\u00ae. Membership provides access to networking, visibility, research materials, and professional materials that some agents feel provide them with professional advantages.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Can_a_real_estate_agent_be_a_buyer_and_seller_agent\"><\/span>Can a real estate agent be a buyer and seller agent?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Yes, most agents work as both buyer\u2019s and seller\u2019s agents. However, they will not typically act as both the buyer&#8217;s and seller&#8217;s agent <em>in a single transaction<\/em>. In most states, doing so means an agent is legally recognized as what\u2019s called a \u201cdual agent\u201d. It\u2019s rare but&nbsp; legal\u2014as long as both the buyer and seller consent to the arrangement.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_are_real_estate_agents_paid\"><\/span>How are real estate agents paid?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Real estate agents are typically paid on commission. The amount that they earn from every sale is based on a property&#8217;s selling price. Standard commissions range between 6-10% of a home&#8217;s selling price, total. Both the buyer\u2019s and seller\u2019s agents receive 2.5-5% of the home\u2019s selling price, each, with the seller typically paying both commissions. When an agent acts as a dual agent, they are paid commission on both ends.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"The_difference_between_a_real_estate_agent_and_broker\"><\/span>The difference between a real estate agent and broker<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>While all brokers are real estate agents, not all real estate agents are brokers. Brokers pursue additional education and credentialing after receiving a real estate license to be able to expand their business functions. Real estate agents are legally required to work for a broker. However, brokers can choose to work for a real estate firm, work independently, or own their own brokerage.<\/p>\n\n\n\n<p>In addition to being legally allowed to manage a brokerage, a broker can perform all of the same functions as a real estate agent. In addition to making their own commissions when selling a home, a broker will collect a portion of every commission earned by an agent they employ.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"The_roundup_why_real_estate_agents_matter\"><\/span>The roundup: why real estate agents matter<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The bottom line is that real estate agents keep the market moving. Agents help both buyers and sellers get what they want, faster and easier. In addition to helping their clients reach their goals, they also provide much-needed expertise to help their clients avoid some of the common pitfalls of entering into a bad agreement.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"FAQs\"><\/span>FAQs<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<h4 class=\"wp-block-heading\">What are the duties of a real estate agent?<\/h4>\n\n\n\n<p>Real estate agents represent both buyers and sellers. Their duties may include helping to determine listing prices, getting a property listed, marketing a property, managing MLS listings, showing properties, presenting or accepting offers, negotiating on behalf of clients, and helping with closing paperwork. It&#8217;s common for agents to<a href=\"https:\/\/www.flyhomes.com\/blog\/six-questions-you-should-ask-your-real-estate-agent-before-you-shop-in-a-tough-market\/\" target=\"_blank\" rel=\"noreferrer noopener\"> meet with potential buyers to answer some basic questions<\/a> prior to signing on to find a home with them.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Does being a real estate agent pay well?<\/h4>\n\n\n\n<p>According to the Bureau of Labor Statistics,<a href=\"https:\/\/www.bls.gov\/ooh\/sales\/real-estate-brokers-and-sales-agents.htm\" target=\"_blank\" rel=\"noreferrer noopener\"> the 2020 median pay for real estate agents was $51,220 per year<\/a>. The top 90% of earners in this industry make $112,410.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">What skills are needed to be a real estate agent?<\/h4>\n\n\n\n<p>Real estate agents truly need to be self-starters, because they must generate their own client lists. They must also be personable, organized, quick on their feet, and passionate about homes.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">What education do real estate agents need?<\/h4>\n\n\n\n<p>There are generally no education prerequisites to become a real estate agent. While most states do not require high school diplomas or GEDs to apply for a real estate license, many agents possess college degrees. The universal requirement to become a licensed real estate agent is to complete the state-required number of educational hours before sitting for the state licensing exam. A passing grade that is determined by each state&#8217;s licensing board is required to receive a real estate license. In some states, a specific number of educational hours must be completed during the first year of holding a license in order for the license to remain active.<\/p>\n\n\n\n<p><strong>About the author:<\/strong>&nbsp;As the son of a construction contractor and a former property manager,&nbsp;<a href=\"http:\/\/scottdylanw.com\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Scott<\/strong><\/a>&nbsp;Dylan Westerlund&nbsp;knows how to keep the lights on and the water running. In addition to Flyhomes, he has written for Angi, HomeLight and HomeAdvisor. His hobbies include fixing things around the house, baking things up in the kitchen, and spending quality time with his wife and daughter just about everywhere.<\/p>\n\n\n\n<input type=\"hidden\" id=\"calendly_utm_post_id\" value=\"9189\" \/><input type=\"hidden\" id=\"calendly_utm_post_title\" value=\"What do real estate agents really do?\" \/>","protected":false},"excerpt":{"rendered":"<p>Real estate agents are integral to the real estate process because they have knowledge and expertise needed to move their clients along through closing. <\/p>\n","protected":false},"author":148668397,"featured_media":9190,"comment_status":"closed","ping_status":"open","sticky":true,"template":"","format":"standard","meta":{"_lmt_disableupdate":"no","_lmt_disable":"no","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[655423254,655423395,655423276],"tags":[],"class_list":["post-9189","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-buying-a-home","category-guides-buying-a-home","category-selling-a-home"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>What do real estate agents really do? 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