Real Estate Roles

There are various roles assigned when it comes to the process of real estate. Each role is significant in its own right, but all contain different duties. For each title that follows: The real estate agent, real estate broker, and real estate attorney, they will be broken down to the different responsibilities that each holds.

  • Real Estate Agents help buyers find a home within their price range and in their preferred location. Agents serve as the intermediary between connecting the right seller to the right buyer.
  • A Real Estate Broker is similar to an agent, but a broker’s difference lies in the credentials he has received. Brokers can also oversee real estate agents and don’t always have to work with the clients.
  • The Real Estate Attorney plays a vital role as they are an important factor when it comes to the transaction. An attorney can mitigate any issues that may arise when it comes to land sales such as title of the property, boundary lines, zoning, and more. A real estate attorney will also review a purchase agreement early in the process. This means that the attorney can investigate if a seller has possessed any previous contract and let the buyer know if there will be shortages on their end.

A real estate attorney is responsible for researching the ownership and background of the seller. They will also ensure that the buyer will understand the terms of mortgage and other conditions stated in the sales contract. Attorneys’ duties are to make sure there are no issues affecting the buyer’s ownership and if there are, they will not close the deal with the seller. An attorney’s role is to protect his client from any risk that may be associated with a settlement. Though an attorney may seem expensive at first, their services are worth it as they may prevent anything that may be very problematic for the buyer down the road.

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