{"id":2340,"date":"2019-11-07T14:08:25","date_gmt":"2019-11-07T12:08:25","guid":{"rendered":"http:\/\/themufti.com\/?p=2340"},"modified":"2019-11-07T14:08:26","modified_gmt":"2019-11-07T12:08:26","slug":"working-as-an-estate-agent","status":"publish","type":"post","link":"https:\/\/themufti.com\/?p=2340","title":{"rendered":"Working as an estate agent"},"content":{"rendered":"<h4><strong>Working as an estate agent<\/strong><\/h4>\n<hr \/>\n<p><strong>Q. Is it haram to be a real estate agent and\/or to work in that industry?<\/strong><\/p>\n<p><strong>A.<\/strong> A <strong>real estate broker<\/strong> or <strong>real estate agent<\/strong> is a person who acts as an <a href=\"http:\/\/en.wikipedia.org\/wiki\/Intermediary\">intermediary<\/a> between sellers and buyers of <a href=\"http:\/\/en.wikipedia.org\/wiki\/Real_estate\">real estate<\/a>\/<a href=\"http:\/\/en.wikipedia.org\/wiki\/Real_property\">real property<\/a> and attempts to find sellers who wish to sell and buyers who wish to buy.<\/p>\n<p>Hereunder is a brief description of Real Estate Sales Agents:<\/p>\n<p><strong>Job description<\/strong><\/p>\n<ul>\n<li>Present purchase offers to sellers for consideration.<\/li>\n<li>Act as an intermediary in negotiations between buyers and sellers, generally representing one or the other.<\/li>\n<li>Compare a property with similar properties that have recently sold to determine its competitive market price.<\/li>\n<li>Advise clients on market conditions, prices, mortgages, legal requirements and related matters.<\/li>\n<li>Promote sales of properties through advertisements, open houses, and participation in multiple listing services.<\/li>\n<li>Accompany buyers during visits to and inspections of property, advising them on the suitability and value of the homes they are visiting.<\/li>\n<li>Prepare documents such as representation contracts, purchase agreements, closing statements, deeds and leases.<\/li>\n<li>Confer with escrow companies, lenders, home inspectors, and pest control operators to ensure that terms and conditions of purchase agreements are met before closing dates.<\/li>\n<li>Interview clients to determine what kinds of properties they are seeking.<\/li>\n<li>Coordinate property closings, overseeing signing of documents and disbursement of funds.<\/li>\n<li>Generate lists of properties that are compatible with buyers&#8217; needs and financial resources.<\/li>\n<li>Contact property owners and advertise services to solicit property sales listings.<\/li>\n<li>Arrange for title searches to determine whether clients have clear property titles.<\/li>\n<li>Display commercial, industrial, agricultural, and residential properties to clients and explain their features.<\/li>\n<li>Review property listings, trade journals, and relevant literature, and attend conventions, seminars, and staff and association meetings to remain knowledgeable about real estate markets.<\/li>\n<li>Coordinate appointments to show homes to prospective buyers.<\/li>\n<li>Answer clients&#8217; questions regarding construction work, financing, maintenance, repairs, and appraisals.<\/li>\n<li>Advise sellers on how to make homes more appealing to potential buyers.<\/li>\n<li>Investigate clients&#8217; financial and credit status to determine eligibility for financing.<\/li>\n<li>Develop networks of attorneys, mortgage lenders, and contractors to whom clients may be referred.<\/li>\n<li>Inspect condition of premises, and arrange for necessary maintenance or notify owners of maintenance needs.<\/li>\n<li>Conduct seminars and training sessions for sales agents to improve sales techniques.<\/li>\n<li>Appraise properties to determine loan values.<\/li>\n<li>Evaluate mortgage options to help clients obtain financing at the best prevailing rates and terms.<\/li>\n<li>Arrange meetings between buyers and sellers when details of transactions need to be negotiated.<\/li>\n<li>Rent or lease properties on behalf of clients.<\/li>\n<li>Secure construction or purchase financing with own firm or mortgage company.<\/li>\n<li>Solicit and compile listings of available rental properties.<\/li>\n<li>Review plans for new construction with clients, enumerating and recommending available options and features.<\/li>\n<li>Visit properties to assess them before showing them to clients.<\/li>\n<li>Locate and appraise undeveloped areas for building sites, based on evaluations of area market conditions.<\/li>\n<li>Contact utility companies for service hookups to clients&#8217; property.<\/li>\n<\/ul>\n<p>The above mentioned job description of a Real Estate Sales Agent is Shariah compliant and accordingly, it will be permissible to work in such an industry.<\/p>\n<p><strong>Allah Ta\u2019ala Knows Best<\/strong><\/p>\n<p><strong>Mufti Ismaeel Bassa<\/strong><\/p>\n<p><strong>themufti.com<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Working as an estate agent Q. Is it haram to be a real estate agent and\/or to work in that industry? A. A real estate broker<span class=\"excerpt-hellip\"> [\u2026]<\/span><\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[61],"tags":[],"class_list":["post-2340","post","type-post","status-publish","format-standard","hentry","category-trade"],"_links":{"self":[{"href":"https:\/\/themufti.com\/index.php?rest_route=\/wp\/v2\/posts\/2340","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/themufti.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/themufti.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/themufti.com\/index.php?rest_route=\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/themufti.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2340"}],"version-history":[{"count":1,"href":"https:\/\/themufti.com\/index.php?rest_route=\/wp\/v2\/posts\/2340\/revisions"}],"predecessor-version":[{"id":2341,"href":"https:\/\/themufti.com\/index.php?rest_route=\/wp\/v2\/posts\/2340\/revisions\/2341"}],"wp:attachment":[{"href":"https:\/\/themufti.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2340"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/themufti.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2340"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/themufti.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2340"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}