Real Estate Definitions 

“Time is of the essence”
Agent
Agreement of sale
Alienation
Alienation clause
Amendments
Amenities
Appraisal
Appreciation
Arbitration
Assessment
Balloon payment
Beneficiary
Breach of contract
Broker
Broker Agent (Salesperson)
Brokerage Owner
Building restrictions
Business plan
Capital Gain
Capital investment
Capitalization
Capitalization Rate
Cash flow
Closing
Closing or Completion
CMA
Code of Ethics
Collateral
Commercial Property
Commercial Zone
Commission
Comparable (Comps, Sales Comps)
Comparable Market Analysis
Contingencies
SaleContract
Contract for deed
Cost approach
Counteroffer
Debt
Deed
Default 
Deposit or Down Payment
Down Payment
Earnest Money
Endorsement
Equity
Escrow
Exclusive Listing Agreement
Exclusive right  to sell listing
Exclusive-agency listing
Execution 
Executor
Expenses
Fixture
For Sale By Agent
For Sale By Owner (FSBO)
Foreclosure
Foreign Quota
Franchise
Fraud 
Freehold estate
Future interest
Grantee
Grantor
Heir
Highest and best use
Identity 
Income approach
Independent contractor
Industrial property
Inspection
Instalment Contract
Installment sale
Interest-in-real-estate
Joint tenancy
Joint venture
Judgment
Judgment clause
Land
Lease
Leasehold estate
Lessee
Lessor 
Lessor, Landlord, Property Owner
Letter of Intent (LOI)
Lien
Listing 
Listing Agreement
Loan
Management Agreement
Market price
Market value 
Market/data approach
Memorandum of Understanding (MOU)
Mortgage
Mortgage lien
Multi-Family
Multiple Listing Service (MLS)
Negligence
Net Income
Net lease
Net operating income
Non Disclosure Agreement (NDA)
Notary public
Novation
Open listing
Open Listing Agreement
Option
Ownership
Partnership
Power of attorney
Preliminary Deposit
Premises
Prepayment clause
Prepayment penalty
Priority
Property
Property Investment
Property management
Property Tax
Quota Letter
“Ready, willing, and able” 
Real estate
Real Estate Broker
Real Estate Property
Real Estate Purchase/Sale Agreement
REALTOR®
Rent
Rent schedule
Replacement cost
Resale
Residential 
Rights Over Leasehold Asset
Sales contract
Salesperson
Short sale / Fire Sale
Single Family
Specific Business Tax 
Spouse Consent

Stamp Duty
Subletting
Substitution
Survey
Tenant
Termination (lease)
Termination of listing
The original amount
The Terms “Agent” and “Broker” 
Title
Title Deed
Title Insurance
Transfer Fee
Value
Viewing Form
Withholding Tax
Yield
Zoning

What is a real estate agent

What is a Real Estate Agents?

What They Do and Why You Need One from RE/MAX

Do you want to become an Agent or Are you thinking about buying or selling a home but feeling overwhelmed by the process? Perhaps you've heard the term "real estate agent" thrown around but aren't entirely sure what it means or why you should consider using one.
Explore the real estate definition of what a real estate agent is, delve into their main duties, and uncover the compelling reasons why you should consider using an agent or become an Agent of RE/MAX.

What is a Real Estate Agent?

So, what exactly is a real estate agent? In simple terms, a real estate agent is in many countries a licensed professional who represents buyers or sellers in real estate transactions. In Thailand there is still no requierment to obtain a license to become an Agent. These transactions can include buying, selling, or renting residential or commercial properties. Real estate agents are well-versed in the local market, possess valuable industry knowledge, and are equipped to guide their clients through the intricate process of real estate transactions.

Main Duties of a Real Estate Agent:

Real estate agents wear many hats and perform a wide array of duties to ensure their clients have a smooth and successful real estate experience. Some of the main duties of a real estate agent include:

1. Property Listings and Marketing: Agents are responsible for listing properties for sale or rent and creating comprehensive marketing strategies to attract potential buyers or tenants. From professional photography to compelling property descriptions, they ensure that the property is showcased in the best possible light.

2. Buyer and Seller Representation: Whether working with buyers or sellers, real estate agents act as their trusted advisors, negotiating on their behalf, and advocating for their best interests throughout the entire transaction process.

3. Market Expertise and Pricing Guidance: Agents possess in-depth knowledge of the local real estate market and use this expertise to advise sellers on the optimal listing price and help buyers make informed offers based on market conditions.

4. Networking and Connections: Real estate agents have built extensive networks within the industry, including connections with other agents, lenders, inspectors, and more. These connections often prove invaluable in getting deals done efficiently.

5. Legal and Transactional Support: Agents guide their clients through the complex legal and transactional aspects of real estate deals, ensuring all necessary paperwork is handled accurately and in a timely manner.

Why Use an Agent from RE/MAX?

Now that we've covered the essential duties of a real estate agent, let's discuss why you should consider using an agent from RE/MAX. RE/MAX is a renowned real estate brand known for its top-notch agents, exceptional service, and a track record of success. Here are some compelling reasons to choose an agent from RE/MAX:

1. Professional Excellence: RE/MAX agents undergo rigorous training and are equipped with the knowledge and expertise needed to navigate all aspects of real estate transactions. They are committed to upholding the highest professional standards in the industry.

2. Extensive Network: Agents from RE/MAX have access to an expansive network of fellow professionals, industry resources, and cutting-edge tools, enhancing their ability to deliver outstanding results for their clients.

3. Proven Track Record: RE/MAX agents have a reputation for delivering excellent results, backed by a track record of successful transactions and satisfied clients. When you choose an agent from RE/MAX, you're tapping into a legacy of excellence.

4. Local Market Mastery: RE/MAX agents have a deep understanding of their local markets, allowing them to provide valuable insights and guidance tailored to your specific needs and preferences.

In conclusion, a real estate agent plays a pivotal role in guiding buyers and sellers through the complexities of real estate transactions. Their expertise, dedication, and commitment to client satisfaction make them an invaluable asset in achieving real estate success. When you choose an agent from RE/MAX, you're not just getting an agent – you're gaining a trusted ally dedicated to helping you achieve your real estate goals in the most efficient and effective manner possible.

If you're ready to embark on your real estate journey, consider partnering with a friendly and knowledgeable RE/MAX agent who will ensure that your experience is not only successful but also enjoyable.

Get in touch with RE/MAX today and take the first step toward realizing your real estate dreams! Become an Agent 



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