What are the primary duties and responsibilities of a good Realtor?

By
Real Estate Agent with Berkshire Hathaway HomeServices 01238708
http://activerain.com/droplet/59Jl

What are the primary duties and responsibilities of a good Realtor?

www.endrebarath.com

If you asked this question from many real estate practitioners, you will get a variety of answers. My take is a Great Realtor is, someone who can answer this by being a “Trusted Advisor to his or her clients”. Now this is not just a statement, this must be backed up by their actions.

I could write a book about this question, but then most people would not even try to read the answer. Hence, I am just going to answer it in bullet point fashion.

  1.            It does not matter if they represent buyers or sellers, they must have their best interest in mind.
  2.           The Realtors must have a one hundred per cent fiduciary responsibility to their clients.
  3.           They must be a detail oriented and keep up with all the current laws, rules, regulations the local jurisdiction require from sellers and expect them to comply with.
  4.           They need to have complete knowledge of the market as well as the market trends and they must be able to back up their advice with facts.
  5.           They should be available for their clients always, within reason.
  6.          They must have a proven and verifiable track record.
  7.           A good Realtor knows how to manage their client’s expectations.
  8.           The great Realtors are very good at communication with not just their clients, but with all parties including the Realtor who is representing the other Principal.
  9.          The more pleasant the agents are with all parties the more likely the sales process will be pleasant experience for all parties.
  10.           The more tech savvy the Realtor is and has all the most current Real Estate Technology at his or her disposal the easier it will be for their clients.
  11.          The understood of course is strong negotiation skills and total focus and perseverance in getting the best deal for their clients.
  12.            They must be trustworthy! In other words reliable!
  13.         They must be focused and goal oriented.

This of course is not an all-inclusive list, but it is a good start. Hopefully I covered the most important attributes. Now if you are looking for a Realtor in the Los Angeles area that fits the above descriptions, please reach out to me directly. I can assure you, that you will be glad you did.

If you are looking for a focused and goal oriented Realtor in the Beverly Hills area who will help you achieve your Real Estate goals, please reach out to me directly!

If you are looking for a pet friendly Beverly Hills Realtor who can handle and sell the most difficult properties that no one else could, please reach out to me directly!! If you are considering buying or selling a home, a luxury home, luxury investment real estate, luxury vacation homes, or luxury beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Marina Del Rey, Venice or Malibu, feel free to contact me at 310.486.1002 (m) or homes@endrebarath.com or visit one of my websites at http://www.endrebarath.com.  I contribute a portion of my commission to local animal rescue organizations.

 

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Rainmaker
2,814,287
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo & Home Sale Specialists

These are not tips for a good Realtor, but for a Great Realtor!

Feb 07, 2018 03:50 AM #6
Rainmaker
2,733,707
Sally K. & David L. Hanson
Keller Williams 414-525-0563 - Brookfield, WI
WI Realtors - Luxury - Divorce - Short Sale

Agreed...things like answerng a phone call...doing what you know needs doing when it should be done...sounds simple...but....but...

Feb 07, 2018 04:51 AM #7
Rainmaker
1,500,709
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good morning Endre - Being the trusted advisor means always doing the right thing, having the knowledge and being truthful.  I don't think some understand the large body of knowledge and responsibility that a Realtor has.  You laid it out very well.

Feb 07, 2018 07:02 AM #8
Rainmaker
2,352,720
Nina Hollander
RE/MAX Executive | Charlotte, NC - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Great post, Endre. As I'm always telling clients... I'm much more than a "door opener." Any idiot can be a "door opener."

Feb 07, 2018 08:11 AM #9
Ambassador
3,270,963
Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224

Endre- love the list, especially the 100% fiduciary responsibility to their clients!  This is a check-list every seller and buyer should have. 

Feb 07, 2018 08:33 AM #10
Rainmaker
1,957,732
Sharon Tara
Sharon Tara Transformations - Portsmouth, NH
New Hampshire Home Stager

I've worked with some great agents and some not so great agents...your list is hitting the nail right on the head! 

Feb 07, 2018 11:59 AM #11
Ambassador
3,453,307
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Endre your list may not be all inclusive, but everyone of your points is necessary.

Feb 07, 2018 04:38 PM #12
Rainmaker
2,437,423
Lisa Von Domek
Lisa Von Domek Team - Dallas, TX
....Experience Isn't Expensive.... It's Priceless!

Endre Barath, Jr. 

And if they are not willing to follow your fabulous  list (and maybe even add a few more) then they should get out of our professional industry!

Feb 07, 2018 06:22 PM #13
Rainmaker
4,204,312
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

This is a great list, Endre.  It should be followed by all Realtors.

Feb 08, 2018 05:52 AM #14
Rainmaker
2,329,951
Rebecca Gaujot, Realtor®
Perry Wellington Realty, Adam Conrad, Broker - Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

Great list and buyers/sellers looking for a great Realtor in the Los Angeles area should be calling Endre Barath, Jr. as he fits the description.

Feb 08, 2018 07:58 AM #15
Ambassador
2,484,864
Debe Maxwell, CRS
www.AtHomesCharlotte.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

Wonderful list and I do agree with all of your points, Endre!

I had a listing appointment with a financier a few years ago. We talked about their home and how prep it, how I would market it and the he said, "So, tell me about you. What I want to know is what you do best." 

Without hesitation, I said, "I'd have to say, negotiate." 

He said, "Best answer I've gotten and exactly what I wanted to hear - where do I sign?"

Needless to say, I began sharing my list-to-sales price ratio in my listing presentations every time! 

Feb 08, 2018 08:21 PM #16
Ambassador
3,632,221
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

I teach new agents and tell them this over and over. It is primary to remember who we represent.

Feb 08, 2018 10:30 PM #17
Rainmaker
2,674,188
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Laura Cerrano  thank you for stopping in and supporting this post, Endre

Feb 08, 2018 10:36 PM #18
Rainmaker
2,674,188
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Barbara Le Pine  glad you liked it, keep in mind it is NOT copyrighted so enjoy sharing:)Endre

Feb 08, 2018 10:42 PM #19
Rainmaker
305,294
Steffy Hristova
HomeSmart Elite Group Tempe AZ Tel: 480-966-9353 - Tempe, AZ
Tempe AZ Realtor - Your Home Close to Your Work!

Endre, what a great list with deeply thought-out points. All wonderful. I hope Buyers and Sellers read it and connect with you. 

Feb 09, 2018 06:56 AM #20
Rainmaker
850,293
Sheri Sperry - MCNE®
Coldwell Banker Residential Brokerage - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Endre Barath, Jr. - Nice job explaining these duties and responsibilities. I can't see anything else you can add. You covered it all. 

Feb 09, 2018 07:34 AM #21
Rainmaker
2,674,188
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

James Dray  indeed the Communication is one of my pet peeves:))Endre

Feb 09, 2018 10:51 PM #22
Rainmaker
523,128
Nathan Gesner
American West Realty & Management - Cody, WY
Broker / Property Manager

This is a great list that is surely emulated by Endre Barath, Jr. !

Feb 10, 2018 06:27 PM #23
Rainmaker
2,674,188
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Kat Palmiotti  looks like the majority are in agreement with us here:)Endre

Feb 10, 2018 06:29 PM #24
Rainmaker
2,674,188
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Gita Bantwal  glad you liked it, Endre

Feb 10, 2018 06:30 PM #25
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Rainmaker
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Endre Barath, Jr.

Realtor - Los Angeles Home Sales 310.486.1002
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