Real estate agency

A real estate agency is a company that offers its clients services related to the sale, purchase and rental of various properties. The company receives a commission from the seller of the property (less often from the buyer). Typically, the agency is independent of the property owner or developer, and works with several clients.

To get the highest profit, some agencies invest in the primary market. Their income is a percentage of the transaction.

Agencies can provide different sets of services: from particular individual services to full support for their clients.

The following services fall within the real estate agency’s scope of interest:

  • Selling, buying and rental of real estate.
  • Searching for buyers and sellers.
  • Check the property.
  • Legal support of deals.
  • Any types of legal registration of transactions in the state and other authorities.
  • Advising on deals.
  • Formalising changes made to the property.
  • Assistance to the customers in obtaining a loan.

It is not uncommon for real estate agencies to specialise solely on certain market segments, such as rental flats or sale of offices.

The employees of these companies often consider it an additional advantage and advantage to have a large database of properties in their arsenal.

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