FAQ - Agents

What are the services of a Real Estate Agent?

The service of a real estate agent will be dependent upon the type of agency appointment. The types of agency appointment include:

  • Acting on behalf of a seller
  • Acting on behalf of a buyer
  • Acting on behalf of an owner.

The services of an agent acting on behalf of a seller may include:

  • Inspecting the property
  • Providing a market appraisal
  • Researching comparative sales evidence
  • Research the Certificate of Title and any documents relating to encumbrances
  • Provision of a marketing plan that would consider the price, the most suitable type of promotion, the attributes of the property.
  • Recommend ways to optimise the appeal of the property
  • Recommend the most appropriate types of advertising
  • Determine and research any existing tenancy arrangements
  • Liaise with the occupiers to co-ordinate inspections
  • Arrange suitable signable
  • Arrange photography
  • Design, produce, and lodge advertising and promotional material
  • Promote the property to prospective purchasers
  • Promote the property to other real estate agents
  • Conduct Home Opens
  • Maintain a register of inspections
  • Provide reports on the level of buyer interest and market feedback
  • Qualify prospective purchasers
  • Recommend suitable level of deposit
  • Determine any special conditions required by the seller
  • Negotiations with prospective purchasers
  • Prepare the Offer and Acceptance and draft any appropriate special conditions
  • Present any written offers
  • Explain the Contract for the Sale of Land by Offer and Acceptance and the Joint Form of General
  • Conditions for the Sale of Land
  • Receipt deposit to be held in the real estate agent trust account
  • Explain the effect of any variations to the Contract that may be requested by the seller
What are the Duties of Real Estate and Business Agents under Common Law?
What is an Agent’s Representative?
Will Different Agents Quote Different Fees for the Same Type of Service?
How do I choose an agent?
Is there a cooling off period if I list a property with an agent?
How do I Know that I am Receiving Value for Money for the Agreed Service?
When is the agreed Fee paid to the Agent?
What do I do if I am not happy with the fee that I have agreed?
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