Home Service Professionals

Real Estate Broker

Services, costs and hiring best practices - proven tips for getting great Real Estate Service

January 2014

When hiring and working with a Real Estate Broker, every homeowner needs to know: What services does a Real Estate Broker commonly provide? What is the best way to find good prospects? What should I look for when I interview the Real Estate Broker? And most importantly, how do I make sure that the Real Estate Service is done right?

Use the following information to understand your options, make good decisions and get quality work at a fair price.

Real Estate Broker - FAQ

How do I avoid the scams and get good Real Estate Service at a fair price?Compile a list of support services and service outcomes (see the following section) that you require. Interview at least 2 qualified Real Estate Brokers for the work. Sign a written contract that protects your options and interests.
What should I expect to pay for Real Estate Service?Most Real Estate Service is performed on a commission basis. The commission fees are commonly calculated as a percentage of the total transaction amount and are due when the service is completed.
Do I need to use a licensed Real Estate Broker for my job? If so - how do I verify license status?A professional Real Estate Broker must be licensed to provide most Real Estate Services. To check a Real Estate Broker's license status, search the telephone directory or online for your state's professional license board or department. Contact the licensing authority to verify license standing and history for the business and individual.
Should I use an insured Real Estate Broker for my project?Insurance is usually not required for or needed for Real Estate Service.
Does my Real Estate Broker need to be bonded?A bond is generally not required for Real Estate Service.

Real Estate Broker - Services

A Real Estate Broker can handle a number of jobs, activities and problems. The list below summarizes common Real Estate Services. Follow the appropriate links below to learn more about cost, options and quality requirements:

Real Estate Broker - Finding and Hiring

Not every Real Estate Broker has the same ability. Experience, skills, and sense of acceptable quality vary considerable. To get the results that you expect, it is essential that you put appropriate effort behind finding a Real Estate Broker matched to the specific requirements of your job - not simply someone that puts you at ease or wins your confidence. Before starting, make sure that you completely understand the work you want the Real Estate Broker to perform and the job quality you expect. Then, begin the selection process outlined below:

Real Estate Broker - Important Agreement / Contract Terms

A written agreement greatly improves your odds of success when working with a Real Estate Broker. Never start work until you have a complete agreement signed by your Real Estate Broker. For small jobs use a written work order. For larger projects, use a detailed contract. Never feel pressured to use the Real Estate Broker's standard contract. Make sure the following points are included in the agreement:

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