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Wednesday, April 1, 2009

Property Dealers in India

A Real estate broker is a party who acts as an intermediator between buyers and sellers of property and attempts to find buyers who wish to buy and sellers who wish to sell or Agents and brokers also act as intermediaries in price negotiations between buyers and sellers. Real estate brokers and agents have a Complete knowledge of the real estate market in their communities. They know which Society or locality will best fit clients’ needs and budgets. They are familiar with local zoning and tax laws and know where to obtain financing. . Real estate agents usually are independent sales workers who provide their services to a licensed real estate broker on a contract basis. When selling real estate, brokers arrange for title searches and for meetings between buyers and sellers during which the details of the transactions are agreed upon and the new owners take possession of the property. the broker pays the agent a portion of the commission earned from the agent’s sale of the property. A broker may help to arrange favorable financing from a lender for the prospective buyer; often, this makes the difference between success and failure in closing a sale. Brokers also supervise their own offices, advertise properties, and handle other business matters.

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