Who is licensed to negotiate and transact the sale of real estate on behalf of the property owner?

Who is licensed to negotiate and transact the sale of real estate on behalf of the property owner?

• A. Real Estate Broker
• B. Real Estate Agent
• C. Loan Officer
• D. Property Manager

Answer: (B)

The role of a real estate agent is specifically to negotiate and transact the sale of real estate on behalf of property owners. They work under the umbrella of a licensed real estate broker and are responsible for facilitating property transactions, providing market analysis, and guiding clients through the selling or buying process. Real estate agents are trained professionals who understand the intricacies of real estate in their market area, including pricing strategies, marketing techniques, and negotiation tactics. Their license allows them to represent clients in the buying or selling of homes, ensuring legal compliance and protecting the interests of the property owner. In contrast, a real estate broker holds a higher level of licensure and has additional responsibilities, but it is the agent who directly handles transactions and communication with clients. A loan officer, meanwhile, focuses on facilitating mortgage loans and does not engage in the sale of real estate. Property managers oversee the leasing and management of rental properties, rather than engaging in the sale of properties.

The role of a real estate agent is specifically to negotiate and transact the sale of real estate on behalf of property owners. They work under the umbrella of a licensed real estate broker and are responsible for facilitating property transactions, providing market analysis, and guiding clients through the selling or buying process.

Real estate agents are trained professionals who understand the intricacies of real estate in their market area, including pricing strategies, marketing techniques, and negotiation tactics. Their license allows them to represent clients in the buying or selling of homes, ensuring legal compliance and protecting the interests of the property owner.

In contrast, a real estate broker holds a higher level of licensure and has additional responsibilities, but it is the agent who directly handles transactions and communication with clients. A loan officer, meanwhile, focuses on facilitating mortgage loans and does not engage in the sale of real estate. Property managers oversee the leasing and management of rental properties, rather than engaging in the sale of properties.