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The Realities of Real Estate Agents

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With the sale of property wrapped up in laws, guidelines and ordinances, competent real estate agents are just the type of professional many do not like to go without. The purchase or sale of property can sometimes be confusing and intimidating, especially for those who are new to the world of real estate. Real estate agents and their specialized knowledge not only work to create a smooth buying or selling experience, but an educational one as well. The agent who is not able to provide this for his or her clients is not likely to find themselves in great demand.

Real estate agents are commonly referred to as sales agents, as they work to get their clients the highest price when selling and the lowest price when buying. Because of the number of aspects involved with the buying and selling of property, becoming a real estate agent requires one to meet all licensing requirements for their state of practice. Thanks to the advent of the internet, training for a real estate license can now be obtained through accredited online courses. Sellers or buyers acting on their own behalf do not require licensing. Likewise, in some states, attorneys can also act as an agent without needing to meet state licensing requirements.

In the world of real estate, there can be some confusion as to the difference between Realtors, real estate agents and real estate brokers. While agents work for others and focus mainly on sales, brokers often take on their own branch responsibilities. Realtors are those who are a combination of a broker and agent. Each type of agent has their own level of schooling, training, and exams that must be successfully passed in order to obtain a legitimate license for practice. Practicing without a license is both unethical and unlawful. As an unfortunate number have found, those who use unlicensed professionals leave themselves open for no compensation under the law should a transaction hit a snag and go terribly wrong.

Legitimate and ethical real estate agents are those who display their license number prominently and welcome all inquiries into their background and sales experience. They also regularly renew their license in order to continue practicing legally. While some agents work for a firm or other prominent outfits, others work as free agents or proprietors of their own agencies. For the most part, agents work on a commission. Depending on whether they work for a firm or their licensing and experience, many agents will offer their clients a number of helpful services related to the sale or purchase of property.


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Colorado Real Estate News

Big deals highlight 2011 real estate in Snowmass

SNOWMASS VILLAGE, Colorado — 2011 won't go down in Snowmass Village as the most lucrative year for real estate sales, but it could be remembered as a pivotal one.

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Aspen real estate outgained other state resort-area markets in 2011

ASPEN — A flat year for the Pitkin County real estate market in 2011 is looking good compared with the performance in Eagle County and other resort areas in Colorado.

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Miller to lead CU Real Estate Center

Colorado real estate veteran Sherman Miller has been named executive director of the University of Colorado Real Estate Center. Miller, who was serving as interim director after the departure of Susan Watts last year, was chairman of the center in 2010-11.

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Sam Zell "Comes Clean" for Penton's National Real Estate Investor (nreionline.com)

NEW YORK, Feb. 7, 2012 /PRNewswire/ -- In an interview in the February 2012 issue of National Real Estate Investor, Sam Zell, chairman of Equity Group Investments, stated that the commercial real estate ...

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Colorado Real Estate Brokers to Benefit From New Metrolist Partnership

DENVER, Jan. 23, 2012 /PRNewswire/ --  Metrolist® , the largest Multiple Listing Service (MLS) serving Colorado, announced it has entered into a partnership with Hillside Software , a provider of Real ...

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