Posts by tag: agent

Can a lawyer do what a real estate agent or broker does?
Apr, 7 2023 / Legal Advice

Can a lawyer do what a real estate agent or broker does?

Real estate agents and brokers play an important role in the buying and selling of properties. But can lawyers do what they do? The answer is yes. Lawyers are highly educated professionals who have a strong understanding of the real estate market and the legal aspects involved with it. They can advise clients on the best way to structure their transactions and ensure that all paperwork is in order. They can also provide guidance on navigating the legal complexities of the real estate business, such as zoning laws, title insurance, and escrow accounts. In addition, lawyers can review contracts and help with the negotiation process. Ultimately, lawyers can be a valuable resource when it comes to buying or selling real estate.

Is a Real Estate Agent's pay really 100% commission only?
Feb, 22 2023 / Real Estate Agent Compensation

Is a Real Estate Agent's pay really 100% commission only?

Real estate agents are often viewed as independent contractors who only take home what they make. However, this is not always the case. While some agents may choose to work on a 100% commission basis, it is not the only model in the industry. Agents may also work on salary, hourly, or a combination of both salary and commission. Furthermore, some real estate agencies may offer a flat fee structure for clients. Ultimately, the structure of a real estate agent's pay depends on the model of the agency and the individual agent's preferences.