The Troubles

In: Novels

Submitted By beeko
Words 688
Pages 3
Q1. A real estate agent acts as the middleperson between those selling or leasing a property and those who want to buy or rent it. For their services, agents are paid commissions. Before real estate agents can earn commissions, they must first find clients. Clients include people interested in buying, selling, renting, or leasing homes, apartments, or office space. To find clients, agents may network with friends, cold-call homeowners and property management companies, or canvass homes door-to-door. They might also spend money on flyers, newspaper advertisements, and billboards to attract new clients.
Q2. Most real estate agents are self-employed, though they may be associated with a real estate agency or broker. Agents spend some of their time in offices and some outside of the office. They may spend a significant amount of time travelling by car to look at properties and meet with clients.
Q3. Real estate agents earn a commission when a house they have listed is sold, as well as when they help a client buy a house or lease a property, or when they find a rental unit for a client. The amount of the commission is usually calculated by multiplying the value of the house by a certain percentage. For example, if the commission is 3% and the value of the house is $200,000, the agent’s commission would be $6,000. Since agents work on commission, they have no guaranteed salary. Their earnings depend entirely on the number of properties they close deals on, and the value of those properties. As a result, income varies widely from agent to agent.
Q4. Agents must be licensed to sell real estate. Though specific educational and licensing requirements vary from province to province, they must usually have a high school diploma and be at least 18 years of age. Q5. Agents must be licensed to sell real estate. Though specific educational and licensing requirements vary from…...

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