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What Are the Different Types of Real Estate Broker Tools?

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  • Written By: Esther Ejim
  • Edited By: Kaci Lane Hindman
  • Last Modified Date: 04 September 2016
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    2003-2016
    Conjecture Corporation
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Real estate broker tools refer to those types of tools or platforms that help in the facilitation of the process by which a real estate broker carries out his or her duties. Since the primary duty of a real estate agent is to broker the sale of different types of real estate, it is imperative for such an individual to be able to reach potential customers, meaning that he or she must have several convenient means of achieving this. Even those who are just starting out in the business need these tools as well as established real estate companies that may have several employees working under them. Some of these real estate broker tools include Web sites, adverts in different print media, the use of social and professional networking sites, and other tools like virtual reality.

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An increasingly common inclusion in the list of real estate broker tools is the utilization of virtual reality in order to capture the interest of potential customers and to engage in other types of transactions. Some of these are in the form of visual presentations that may be placed in strategic places where they will receive maximum exposure to consumers. Such presentations may also be on the Internet where interested customers can take virtual tours of prospective real estate, or view three dimensional images of the property of interest. Apart from serving as a medium for showcasing the property, visual reality can be utilized to field questions from interested parties who may need to create a password and log into the secured Web site in order to speak with a representative of the real estate agent, schedule an appointment, or even speak to the real estate agent.

In this sense, it is clear to see that another category of real estate broker tools are Web sites that will be created to serve as a source for information regarding the portfolio of the real estate broker. The site will include a list of the available properties, give the address and phone number of the real estate agent, and also serve as a portal for payment by clients. Real estate broker tools also include the use of social or professional networking sites as a means for disseminating information regarding the agent's properties. This also serves the purpose of gathering information regarding potential property that may be going on the market, or clients that may be looking for property to buy.

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