Persuasion

p 24 An Analysis of Determinants That Persuade Consumers to Purchase or Sell Real E put forward Without the Assistance of a salaried Realtor INTRODUCTIONIn 2005 , the United States experienced an unprecedented palpable farming giving H , resulting in record breaking stead gross revenue , broken in-spirited owe rates , and rising home prices . consort to the subject area Association of Realtors existing home sales rose by 12 .72 since 2003 and average marketing prices of homes emergence in overplus of 40 ,000 . Buyers were enticed by the low mortgage rates and flexile financing to acquire actually trulym , while received ground owners or sellers benefited by increase legitimate estate property prices . In an effort to make up market get by and address the needs of the community during this real estate scag , television created shows which focused on do-it-yourself , flipping property (buying low remodeling and selling , and staging properties for quicker and higher(prenominal) sales . The net profit became an important tool for buyers and sellers , as well as third-party websites , foreclosure websites , and mingled auction websites . These non-traditional avenues for buying and selling real estate increased the popularity and social acceptance of the real estate properties sold by owners , providing a means for consumers to bypass the conflict of licensed real estate federal agents , thus saving bills by avoiding wages of agents managementsTypically , the role of the licensed agent in the real estate transaction is to act as a mediator , convey together the seller and the buyer of a particular real estate property . Agents provide info and knowledge to clients and are traditionally paid a commission , which is typically a percentage of the sale or leveraging pri ce of the real estate property . The duties! of this education-intensive profession focuses on listing and selling real estate properties , finding and binding qualified buyers , wake the real estate property , negotiating contracts and decision the sale (Muhanna and animate being , 2002 .

Regulated by state licensing laws , national professional organizations and national agencies for the protection of the consumers , these professionals are regarded as the traditional route in buying or selling real estateInformation has been the principal(prenominal) trade good for the real estate agent , as listings of homes for sale were lonesome(prenominal) a vailable to these professionals Such regulated information poses as the main reason why people chatter with these professionals , because they are highly capable in helping prospective buyers in the home purchasing or selling subroutine . The multiple listing service (MLS , which was once a local anesthetic directory of listings , is currently a national database that may be comfortably additioned by the consumer , as well as the professionals . Levitt and Syverson (2005 ) state that through the use of the mesh , consumers can compare market characteristics and prices that tighten the information usefulness of the agentThe availability of the MLS to the public has been made contingent through the internet . It is now possible to view property listings in the MLS from each computer that is connected to the Internet . This access has made it easier for strength buyers and sellers to view properties reaching a overmuch larger population...If you sine qua non to get a full essay, coiffure it on our website: OrderCustomPaper.com

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