Let us help you buy, sell or manage your real estate. We are licensed professionals with over 25 years’ experience in the local market. Although we focus on commercial real estate products we are no strangers to residential real estate. We have been a long standing member of the Greater El Paso Association of Realtors and the Greater El Paso CCIM.
Types of Real Estate We Work With:
We also focus on the following selling scenarios:
The real estate industry has attracted many people thanks to its immense success over the years. Whether diving into the El Paso market as a buyer or seller, understanding the basics of the game is vital. That includes knowing the key players: real estate brokers, realtors, and agents.
Brokers are the facilitators and the overseers of real estate transactions. Brokers are above real estate agents in terms of education, experience, and responsibilities. They employ agents to help with the day to day running of the brokerage, including sourcing for buyers and sellers for a commission.
Agents are licensed when they are at par with set government regulations. For instance, some states require that agents work for single brokers.
For brokers to build a successful brokerage firm, different states have different requirements – often stricter than those of agents, such as sitting and passing brokerage exams.
Some states also require that the broker takes an Error and Omissions insurance cover, which comes in handy when settling a dispute between the broker and the client in case of an error or omission from the broker or his agents.
The title “realtors,” on the other hand, is reserved for members of the National Association of Realtors (NAR). They include real estate professionals such as sales agents, brokers, and appraisers, all required to abide by its set code of ethics.
The level of value can also define a brokerage to the client. We ensure value via the following:
Depending on the nature and demands of a real estate transaction, the broker may also act as an agent, representing the seller and buyer. Such is called dual agency.
The duties they perform, therefore, depend on what type of brokers they are.
The following duties apply to both brokers and agents acting in place of brokers in the transactions with sellers. The functions carried out on behalf of sellers are:
Upon signing the purchase contract, the seller’s broker acts in the full capacity of the seller – including overseeing the transaction and ensuring a smooth closure.
Brokers also assist buyers by ensuring a smooth process in landing the properties they need. Their duties include:
The success of the real estate industry relies on providing value to the client. This is only achieved when all the players perform their duties well. Knowing who these players are is equally important.
At Acala Investments, we work with commercial, residential, and investment properties all over El Paso and boast 25 years of experience in buying, selling, and managing real estate. Contact us today for top-notch services.