Wednesday, May 31, 2006
More frequently then not, the keyword in the real estate industry is "selling" other than "represent". Far too many brokers and agents emerge to have an understood mission declaration, which reflects "salesmanship" other than "representation" of Buyer or Seller. The California Department of Real Estate unwittingly reinforces this by identifying the person licensee as a "Broker" or might be a "Salesperson". A "Salesperson" must be more properly identified as a "Broker Associate" or "Broker Affiliate" to more suitably identifies the accountability inherent in this role.
First and foremost, ethically and lawfully, a real estate agent must be endlessly conscious of his fiduciary responsibility to the client. "Fiduciary" mere means handling funds on behalf of another. Integral to that sense is the constituent of trust which is as much a responsibility, as it is a freedom. Real estate breeds the mass proceedings of any industry, a fact that could extremely easily be a thing of the past if more agents will faithfully take out their fiduciary blame to their clients. It will also reduce litigation significantly.
There is an adage in this manufacturing that says, "25% of all agents make 85% of all sales". Is this a gauge of success? Perhaps, but an improved gauge of success would be one that events nature and responsible representation.
About Author
Mark P: Mark P a 32year old guy live in Canada and if you have seen him at forum, he loves discussing about real estate and investment issues. He has posted many real estate articles and also carries a good experience in the corresponding field.
Mark P: Mark P a 32year old guy live in Canada and if you have seen him at forum, he loves discussing about real estate and investment issues. He has posted many real estate articles and also carries a good experience in the corresponding field.





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