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real-estate agent

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Financial Dictionary

Real-Estate Agent

A person with a state/provincial license to represent a buyer or a seller in a real-estate transaction in exchange for commission. Most agents work for a real-estate broker or realtor.

Investopedia Commentary

Real-estate agents are the people you deal with face to face when buying or selling property. These are the people on the front lines of the real-estate market and perform such tasks (amongst others) as showing homes to perspective buyers and negotiating transactions on behalf of their client. Real-estate agents often work on a 100% commission basis, their income dependent upon their ability to find property suitable for their clients and closing transactions.

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See also: House Poor, Housing Market Index, Housing Starts, Mortgage, Real Estate, Realtor, REIT

Also spelled: real estate agent

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