The city of Coral Gables near southwest Miami, Florida has a unique history as one of the first planned developments in Florida. Developed in the 1920s, Coral Gables have grown steadily over the years. The University of Miami is headquartered in the city along with prominent corporate employers like Bacardi, Fresh Del Monte Produce and Dolphin Entertainment. With a healthy economy and safe living options, residents have flocked to settle down in the city by purchasing houses or opted to invest in the growing real estate sector. An experienced real estate agent in Coral Gables would be immensely helpful for real estate investors and home owners looking to invest here.
Licensing Requirements for Real Estate Agents in Florida
The state of Florida requires aspiring real estate agents to obtain a license before selling the property. Candidates aged over eighteen with a high school diploma take a pre-licensing course for sales associates. Their biometric information is captured for a background check. Eligible aspirants can then take an online examination and pass it to qualify for a license. Finally, affiliation with a practicing broker lets the sales associate active their full-fledged license. In this manner, real estate agents learn the ropes to act as a critical intermediary between sellers and buyers of property. Prospective clients can ensure they are dealing with a licensed real estate agent by verifying her credentials.
How a Real Estate Agent Helps Buyers
Prospective buyers looking to purchase property in Coral Gables can contact a licensed real estate agent in the city. The agent will conduct a consultation with the buyer to find out her requirements. Accordingly, the agent can suggest suitable properties listed in the MLS, a searchable database of listed properties, which might be a good fit for the buyer. The buyer can visit the shortlisted properties to take a final call before purchasing. With extensive local knowledge, the real estate agent can help the buyer narrow down on the property of her choice at a price she is comfortable with. In Florida, a home buyer’s agent is compensated for the sale of the property, so buyers do not have to pay the agent. Many agents specialize in both types of property as well, such as residential and commercial.
How a Real Estate Agent helps Sellers
A seller of property can contact a real estate agent to list the property on MLS for searches by buyers. The seller and the agent have an agreement on the expected price of sale, commissions and the period of representation. The agent advertises the property on local media like magazines, newspapers and television as well as the internet. The agent also co-ordinates viewing of the property by prospective buyers. She negotiates the best possible offer for the property keeping in mind the conditions of the market, the offered price and the prices of surrounding areas. Once the sale is agreed, the agent can help with the associated paperwork and transfer of the sale deed.
Mayfair Advisors is a boutique real estate firm located in Miami, FL, whose real estate agents helps clients buy, sell or rent luxury homes, condos, beachfront houses, villas, apartments, or commercial properties in Coconut Grove, Brickell, Miami Beach, Key Biscayne, Coral Gables, Pinecrest, Surfside, Bal Harbour, Sunny Isles Beach, Aventura, Midtown, and Edgewater or anywhere in South Florida.