What does an estate agent do?

Every property investment or activity involves many stages and formalities. Both buyers and sellers need broad knowledge of the property market, yet not everyone is an expert on the subject. Sometimes it is worth enlisting the help of an estate agent. I will explain what the job involves.

Who is an estate agent?

An estate agent is an individual who holds a licence to practise this profession. Their general, basic task is to carry out activities leading to the conclusion of agreements relating to property transactions between other parties. They deal with matters such as acquiring or disposing of rights to possess a property; obtaining or relinquishing a cooperative ownership right to a flat (spółdzielcze własnościowe prawo do lokalu); letting or leasing premises; and they also handle matters concerning cooperative rights to property.

The agent's specific tasks

An estate agent should help their clients with transactions, that is, with selling, letting or buying a chosen property. To achieve this, a number of steps must be taken to make selling or buying the premises easier. Below is a list of examples of matters an agent deals with:

• gathering information about buyers or sellers of properties;
• agreeing the terms of the sale or purchase with the interested party;
• viewing properties and preparing descriptions of the premises;
• checking the legal status of a house or flat;
• creating property sale and purchase listings and publishing them;
• presenting selected properties;
• handling all agreements, for example preparing a tenancy agreement;
• providing assistance;
• informing clients about property market matters and mortgages

Signing an agreement with an estate agent

Remember to choose a good agent. Their work will make the transaction easier for you. It will also ensure your security. All the paperwork will be properly drawn up and all steps will comply with the law. You will quickly find the premises you are looking for or sell your property. An agent should know the property market in the region where you live. Take a look at the listings of the REMAX Gold estate agency. It employs only experienced, qualified staff. When you decide on an agent, you will need to draw up an agreement. You will find sample agreements online.