Real estate trading: There are two parties involved, the seller and the buyer. But there is also a person who acts as an intermediary to connect the needs of buyers and sellers to meet the satisfaction of both parties. That person is a real estate agent or broker, as we are familiar with. But you may not be sure how real estate agents work and how many types they are categorized.
Four types of brokers
This type of brokerage arises spontaneously when buyers tell their desire to buy through acquaintances. At the same time, the seller communicates the need to sell to the people around him. And then they continued to tell each other.
For example, your neighbor comes to tell you that they want to sell the house. And your coworkers want to buy a house, too. So, you bring the needs of both parties to share. Finally, your neighbor sold the house to your colleague, with you as an intermediary that coordinates the contact and receives a share of the sale of that house. This means that you are a local broker Conifer Real Estate Market by default.
Therefore, the number of local brokers is the largest, but they are not considered their primary occupation. Most of them are spacious people in each area, such as neighbors, community leaders, village headmen, kamnans, etc.
It is called an agent broker because this type of broker directly represents either the buyer or seller. The representative will be assigned to contact the other party.
If it is a seller representative, it will be the person who contacts the broker or the buyer. Then the broker-dealer receives another share of the broker’s share. Regardless of which broker can sell, they must give their share to the broker-dealer.
But if it is a buyer’s representative, it will also be the agent who communicates with the seller or broker and will receive a share from the broker or seller. This type of broker arises simply because it comes between the buyer and the seller.
This type of broker is a professional broker who works under a corporate or corporate organization, works as a team, is managed through different departments. Systematically such as marketing department, sales department, credit department, legal department, etc. The project broker will charge various allocation projects, responsible for selling the project to the owner.
Most of the time, project brokers are companies separated from real estate developers to operate solely on the sale of property developers’ projects. We are well known for this type of broker is the salesperson of various projects.
Broker Brokers and Associate Brokers
A broker sets up a company or is registered as a legal entity to carry on the business of a real estate agency. The broker-broker will not contact buyers or sellers themselves but are responsible for managing by sending salespeople in their subordinates to meet customers. The salespeople in this affiliation are called associate brokers.
Brokerage brokers can either come from independent brokers or buy a business franchise from foreign brokerage firms. Make experience and working standards professional in which brokers will transfer knowledge and training to associate brokers.
It also offers more comprehensive services than local brokerages and agents. Examples of brokerage firms and affiliate brokers can be found in the representative list on the website. This will include a list of companies or logos. Both Broker Brokers and Associate Brokers are professional brokers.