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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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North Georgia Real Estate News

Regulators close banks in Fla., Ga., Wash. - The Associated Press


Taipei News

Regulators close banks in Fla., Ga., Wash.
The Associated Press
Florida and Georgia are among the states with the highest concentrations of bank collapses and where the meltdown in the real estate market brought an ...
Acworth bank closed by regulatorsAtlanta Journal Constitution
Home BancShares, Inc. and Centennial Bank Announce Opportunistic Florida ...MarketWatch (press release)
Northwest Bank And Trust of Georgia Closed By RegulatorsProblem Bank List (blog)
St. Louis Post-Dispatch -Puget Sound Business Journal -St. Louis Business Journal
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Banker bitten by bad real estate bets - Atlanta Journal Constitution


Banker bitten by bad real estate bets
Atlanta Journal Constitution
The bombastic and clever banker profited handsomely when he sold his first bank, Bank of North Georgia, to Synovus Financial in 1998. ...

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Southeastern Bank Financial Corp. Reports Second Quarter 2010 Earnings - MarketWatch (press release)


Southeastern Bank Financial Corp. Reports Second Quarter 2010 Earnings
MarketWatch (press release)
The company held $7.2 million in foreclosed property or other real estate owned (OREO) at June 30, 2010, compared to $8.0 million at December 31, 2010, ...
Southeastern Bank earnings upThe Augusta Chronicle
ShamrockStocks.com: Lucky Picks of The Day: (OTCBB:UCHC)- (OTCBB:ARAO)- (OTCBB ...Trading Markets (press release)

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Fighting Foreclosure with Cornbread - Wall Street Journal (blog)


Fighting Foreclosure with Cornbread
Wall Street Journal (blog)
She thinks the house will go up for auction in the next few weeks: She has a real-estate agent skilled in “these types of matters” looking out for her, ...

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North Georgia's Crescent Bank fails - Gainesville Times


Moneycontrol.com

North Georgia's Crescent Bank fails
Gainesville Times
In a news release, Renasant said it had acquired nearly $1 billion in assets as part of the deal, including $600 million of loans and other real estate. ...
Renasant Corporation Announces the Acquisition of Crescent Bank and Trust and ...PR Newswire (press release)
Crescent Bank of Jasper closed by regulatorsAtlanta Journal Constitution
Sound Economy Community banks are a troubled but vital part of economySeattle Times
The Tennessean -istockAnalyst.com (press release)
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