Selecting the right Realtor can make a tremendous difference in how fast you will be able to sell or purchase a property, the price you receive or pay, and how efficient the whole transaction will be. However, you have to do a bit of homework for this.
The following are tips to keep in mind as you look for a Realtor:
Don’t settle for anyone less than a pro.
Realtor, broker and agent are three words that are typically used interchangeably, but they shouldn’t be. First and foremost, some agents or brokers are not Realtors. Realtors are real estate experts who are members of the National Association of Realtors, which follows very high ethical standards that are sometimes out of the coverage of state law.
Look for an experienced Realtor.
Whether you want a Realtor to help you purchase or sell a house, don’t just be part of learning curve. One of the first things you need to know about a potential Realtor is the length of time they’ve been licensed and their experience in the area.
Ask for recommendations.
Your friends, relatives and colleagues may be able to recommend some Realtors they’ve worked with. Know as much as possible about their experience with the Realtor and whether or not they were satisfied with the results. Go through the local yellow pages or check the Internet for leads. If you’re hiring a Realtor to sell your house, drive around your area and look for sold signs.
Buyers and sellers alike should go for a Realtor who is familiar with the location. Find out if they have sold or listed in the place of late. If you’re a buyer, a Realtor must be able to give you vital information on the community, such as taxes, proximity to schools and hospitals, and so on. If you’re selling a property, your agent should keep prospective buyers in the know about such details.
Know and remain within your range.
It doesn’t matter if you’re a buyer or a seller – you need a Realtor who focuseson your price range. So if the plan is to buy a $250,000 to $300,000 house, look at your local paper’s listings and see which Realtors list houses within that specific range. If a Realtor usually works with pricier or less expensive homes, they may not have the right knowledge about available options that are within your own price range.
Look for personal chemistry.
After coming up with a shortlist of Realtors, look for the one who seems to jive best with your personality. You may be a buyer or a seller, but either way, you’ll be spending a good amount of time with your Realtor, so it has to be someone you feel is your best match.