ESTATE AGENT: ALL ABOUT THIS PROFESSION

According to a study published at the initiative of IFOP and Paris Dauphine University between July 2011 and January 2012, more than 68% of real estate transactions in France are made through a real estate agency. From this learning, it also appears that the success rate of real estate transactions through a real estate agency amounts to 79%. The property purchase through a real estate agency is more than ever essential and privileged to be guaranteed a real estate transaction with confidence.

The importance of the real estate agent in the success of real estate negotiations has made this business has become essential in the real estate investment community.

Return on the profession of a real estate agent, a profession tightly controlled and regulated.

The real estate agent profession: what does it cover?

The real estate agent is a real estate professional. It specializes in real estate transactions whose purpose is either to transfer the ownership of real estate or to confer the use and enjoyment of an immovable to a right holder (the tenant).

Regarding sales, the real estate transaction carried out by the real estate agent can concern both built and bare land.

In the case of rental of buildings or business assets, real estate transactions may only concern built buildings, either completed or in a future state of completion (VEFA).

The real estate agent has two functions: to be an agent and to be an intermediary. Real estate agent status is regulated in France, in particular by the Hoguet law supplemented by the Alur law.

The quality of agent assumes that the real estate agent represents the interests of his principal. The latter is usually the seller or the lessor. These necessarily conclude with the real estate agent a mandate contract. You should know that the mandate given to the real estate agent can be simple or exclusive.

The real estate profession: how does it work?

The Hoguet law: the law that governs the real estate profession

The profession of a real estate agent is rather fragmented, although regulated and framed by the law. The Hoguet law of 1970 governs it.

It governs the status of a real estate agent and provides, in particular, the conditions for issuing the professional card called "transaction on buildings and business."

Any real estate agent must have a certain professional aptitude, either regarding diplomas or regarding experience.

He must also prove a financial guarantee as well as professional liability insurance.

Real estate agent: company, agent, etc... different forms of exercise

The profession of real estate agent covers several realities and as such can impact the salary of a real estate agent: if most real estate agents operate in the form of corporate structure, some agents work independently. The structural landscape in this field has changed profoundly in recent years.

When we talk about the term "real estate agent," we must understand both real estate agencies and real estate agents employed within them, but also real estate agents operating as commercial agents.

Note that they can act as real estate negotiators for real estate agencies.

If this is the case, the commercial agent must be able to justify a certificate issued by the real estate agency.

This document specifies the duties and powers of the commercial agent. The certificate must have previously received the prefect's visa.

D Evenir realtor can be done as part of the conditions strictly regulated by law.