The agent’s responsibility to understand the local real estate market, know the client’s specific needs and assist the client in evaluating the terms of an agreement is the duty of:_______

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28-07-2022
Business

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The agent’s responsibility to understand the local real estate market, know the client’s specific needs and assist the client in evaluating the terms of an agreement is the duty of:_______

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ahmadfardeen571 ahmadfardeen571 · Answer 1 · 2022-08-05T17:32:09+02:00

The agent’s responsibility to understand the local real estate market, know the client’s specific needs and assist the client in evaluating the terms of an agreement is the duty of transaction.

A real estate agent allows his or her clients to buy, hire, or promote houses. They advise clients approximately marketplace situations, conduct walkthroughs, and provide steering and help through the manner of buying, promoting, or leasing properties.

You may quickly recognize whether or not you are in a client's or supplier's market, what buyers are looking for, how list prices evaluate to promoting prices, and so forth. Having all of these facts can help you make decisions that maximize your margins through the sale.

Inside the agency courting, the Agent owes a fiduciary obligation to the foremost, which compels the Agent to behave handiest within the pleasant interests of the most important. The fiduciary obligation prevents the Agent from acting in a way that conflicts with the interests of the main.

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