An estate agent is someone or company who supervises the management, selling, or rental of properties and other commercial buildings. A letting agent can be described as a landlord or managing agent. An estate agent’s duties would be to find tenants for the properties they manage, collect rent, pay all necessary bills and taxes, and advise the client on how to handle the property so that the client can get the most benefit out of it.
With the continuing decline of the property market and an increasing number of bankruptcies in the property market, there has been an increase in the number of people searching for solutions that can help them get out from under debts and the stresses associated with them. One such solution is to hire a property manager who can help them with day to day responsibilities. Many people have the misconception that estate agents work only with the selling of property and do little else. This could not be further from the truth as Gloucester Estate Agents TGRES work with their clients on many different levels, assisting with everything from finding the right tenants to conducting property inspections.
The buyers and sellers board can also set standards for fair treatment of brokers and allow the public to interact and learn about the buying and selling process. In addition, if a buyer or seller cannot find a property that suits his or her needs, he or she can seek the services of an estate agent to help. An estate agent may even be able to negotiate a more affordable price since he or she knows how to handle negotiations.