A real estate broker is a party who acts as an
intermediary between sellers and buyers of real estate and attempts to
find sellers who wish to sell and buyers who wish to buy.
Local Views
The Hometeam Coldwell Banker Brokers of
the Valley
What
is happening with Real Estate in Napa Valley right now?
Everyone is asking the same question and the answer is not easy. Which
price range? What area?
The news
media paints the Real Estate market with a broad brush and all properties from
coast to coast are lumped together and covered by the by broad statements like
“the prices are going down”, the “foreclosures are up” and “now is not a good
time to sell”.
Full Article
|
Real estate brokers and their salespersons (commonly called
"real estate agents") assist sellers in marketing their property and
selling it for the highest possible price under the best terms.
When acting as a Buyer's agent with a signed agreement (or, in many
cases,
verbal agreement), they assist buyers by helping them purchase property for the
lowest possible price under the best terms. Without a signed agreement, brokers
may assist buyers in the acquisition of property but still represent the seller
and the seller's interests.
The difference between salespersons and brokers
In the past, when brokers (and their agents) only represented sellers,
the term ‘’real estate salesperson’’ may have been more appropriate
than it is today, given the different ways that brokers and their
agents can help a buyer through the process rather than simply “sell’’
him or her a property. Legally however, the term 'salesperson' is
still used in many states to describe a real estate agent.
|
|
 |
and welcome to the
Napa Valley, San Francisco North Bay
Real Estate Source and Guide
What can I help you find? |
|
|
Real Estate |
Professionals |
|
Napa Valley - Sonoma
SF North Bay
|
Real Estate
related services |
|
Click Here
for 1000's of BUY, LEASE Or RENT
LISTINGS
Napa Valley Homes, New Homes, Luxury
Homes, Estates, Vineyards, B & Bs, Mobile Homes, Commercial
Properties,
For Sale By Owner, Foreclosures,
Complete
MLS
and Non-MLS
Private listings
Commercial Real
Estate
Companies and Professionals
Real Estate
Mortgage Loans
Companies and Brokers
Real Estate Classifieds
Real Estate Info and Free Stuff
Real Estate library, Tax Library, News, FAQs and more...
Weather Updated every 1/2
hr.
|
Demographics|
Maps
Distances | Zip
Codes
Phone Prefixes
1031 Exchange Intermediaries
Real Estate Appraisers
Architects
Architectural Illustrators
Articles - Real
Estate
Library
Books about
Building Supplies
Contractors
Developers and Developments
Exchange Intermediaries
Eviction Services
Home
Inspection Services
Hotels -
Lodging
Insurance
Interior
Decorators & Designers
Interiorscape Designers - Plant Staging Services
Investments
Mobile Home Repairing / Service
Office Buildings
Planning /
Dev. Consultants
Law - Real
Estate
Legal Forms
Mortgage Loans
Moving and Storage
Notaries Public
Office Buildings
Pest Control Services
Plants
- Interior Design and Maintenance
Plants
- Renting & Leasing
Property
Management
Publications Online
Real Estate Consultants
Real
Estate Investments
Real Estate
Management
Resources
Schools
Schools -
Real Estate
Starker
Exchange
Tax help
Termite
Inspection
Title and Escrow
Companies
Tree Service
Visitors Center
Plants
- Interior Design and Maintenance
Plants - Renting & Leasing - Interiorscape Designers - Plant Staging
Services
|
Real estate education: In order to become licensed, most states
require that an applicant take a minimum number of classes before
taking the state licensing exam. Such education is often provided by
real estate brokerages as a means to finding new agents.
Today in many states, the real estate agent (acting as an agent of the
broker with whom he/she is employed) is required to disclose to
prospective buyers and sellers who represents whom. See below for a
broker/agent’s relationship to sellers and their relationship to
buyers.
While some people may refer to any licensed real estate agent as a
real estate broker, a licensed real estate agent is a professional who
has obtained either a real estate salesperson's license or a real
estate broker's license.
In the United States, there are commonly two levels of real estate
professionals licensed by the individual states, but not by the
federal government:
Real estate salesperson: When a person first becomes licensed to
become a real estate agent, he/she obtains a real estate salesperson's
license from the state in which he/she will practice. To obtain a real
estate license, the candidate must take specific coursework (of
between 40 and 90 hours) and then pass a state exam on real estate law
and practice. In order to work, salespersons must then be associated
with (and act under the authority of) a real estate broker.
Many states also have reciprocal agreements with other states,
allowing a licensed individual from a qualified state to take the
second state's exam without completing the course requirements, or, in
some cases, take only a state law exam.
Real estate broker: After gaining some years of experience in real
estate sales, a salesperson may decide to become licensed as a real
estate broker. Commonly more course work and a broker's state exam on
real estate law must be passed. Upon obtaining a broker's license, a
real estate agent may continue to work for another broker in a similar
capacity as before (often referred to as a broker associate or
associate broker) or take charge of his/her own brokerage and hire
other salespersons (or broker) licensees. Becoming a branch office
manager may or may not require a broker's license. Some states such as
New York allow licensed attorneys to become real estate brokers
without taking any exam. In states, such as Colorado, there are no
"salespeople", as all licensees are Brokers.
A REALTOR, pronounced “Real-tor” (rē΄əl tōr), is a real estate
salesperson or broker who is a member of the National Association of
Realtors (NAR). All Realtors are brokers/salespersons, but not all
brokers/salespersons are Realtors.
|
|
|
|
