A real estate agent is a professional who acts as an intermediary between parties in property buying, selling, and rental processes, ensuring transactions are completed quickly and securely.
Duties of a Real Estate Agent
- Marketing and advertising the property.
- Facilitating communication between buyers and sellers or tenants and landlords.
- Preparing contracts and monitoring the process.
- Providing consultancy on valuation and pricing.
Earnings and Commission Rates of a Real Estate Agent
A real estate agent earns commission at predetermined rates based on the transaction value. In Turkey, commissions are typically 2-3% for sales and around one month's rent for rentals.
Legal Responsibilities
A real estate agent must provide accurate information to all parties, comply with legal obligations, and adhere to professional ethical standards.
Conclusion
A real estate agent plays a key role in ensuring property transactions are completed smoothly and securely. Making the right choice and receiving professional support increases the chances of a successful deal.
