According to the Law 39/1989 the real estate agent must be registered with the local Chamber of Commerce. If the agent is not registered, he will be liable to fines and other penalties and he will not be entitled to the agreed commission.
The above mentioned legislation provides an important guarantee for the consumer requesting that real estate agents must have adequate insurance cover in order to practise their profession.

As a consequence, although the real estate agent cannot be charged with technical-juridical investigations concerning the property that might have an impact on the transaction (legal due diligence), he is nevertheless charged with duties of information according to the principles of the normal professional diligence.The real estate agent is therefore obliged to give information on each circumstance in his knowledge or that simply he should have known according to the principle of normal professional diligence.
Wrong or non verified information would not be acceptable according to the law. Lack of respect of such principle could cause contractual responsibility and the right of the consumer to request the repayment of the commission.
Under special circumstances the consumer could also be entitled to request compensation for damages.

If the guilty silence of the real estate agent induced the consumer to finalize the contract under different conditions than he would have had if he was properly informed, the real estate agent could be responsible to pay for the difference.
According to article 1755 Civil Code, if the deal is closed thanks to his intervention, the real estate agent is entitled to a commission from both parties. Such right could arise already at the signature of the preliminary contract, assuming that such contract is complete in all the essential elements.In order to be entitled to the commission the real estate agent must have a decisive role in the transaction.Simply generating the lead of a potential buyer without accomplishing any other task, is not enough to be entitled to such right.The law does not provide the cost of the commission; therefore this can always be freely agreed by the parties. It is always advisable to agree the commission in writing.

Real estate business requires some time, some basic knowledge of the business and skill to perform all transactions. Having the right real estate agent can be the deciding factor between the success or the failure of investors and their real estate deals. Real estate business will be one of the good carriers for a hard working person. Real estate training suggests them all the ways to achieve their goals. A few important tips that can help you find the best real estate agent to help you succeed as an investor.

Real Estate Agent can easily learn about ownership transfer, real estate law and math with the help of real estate training. The experience and education of a commercial real estate agent is also extremely important. They are taught how to deal to with real estate transactions during their course. Real estate training enables them to understand the tips and tricks of the real estate contracts. You want to go with an agent that has a great education and who is knowledgeable when it comes to the laws and other particulars that surround the commercial real estate market. People who want to join some state approved courses should have initial license.