Everything Real Estate
Buyer Advice, Seller Ideas, Uncategorized

First Step, Real Estate Agent

October 19, 2009 by · Leave a Comment 

woman deal done 2If you are thinking of buying or selling a home, one of the most important decisions you will make is picking the right Real Estate Agent. However most people give a great deal of time and thought to choosing a home, but very little to choosing their real estate agent.

Keep in mind that buying or selling your home is one of the biggest financial decisions that you will have to make, and the process can be complicated. With so much at stake, you need to know you are working with a professional who will help find the right home for you (or sell your home) at the right price and if necessary negotiate the best deal.

So how do you choose a good real estate agent? Start by looking outside your door. Drive or walk around your neighborhood and take a look at the For Sale signs. Are there many different companies or does one seem to have the monopoly? Are the signs well maintained, and do you see SOLD signs within weeks, or rarely at all? This shows you if the properties are being actively marketed or not. If a real estate agent isn’t marketing other properties well, the chances are he won’t do any better for you either.

Talk to companies and people that you know and trust, ask them questions about the real estate agent, such as:

  • How well he or she handled the process?
  • What the buyer liked and disliked about the real estate agent?
  • Were the buyer’s needs listened to?
  • Did the agent save them money by finding the right house
  • Did he or she negotiate the best terms?

A good way to meet agents casually is to visit open house viewings that an agent is hosting. In this way you can tell how professional, informative and friendly he or she is. Also find out his specialties, success rate and experience. This applies equally to any agent whether recommended by a friend, relative, or someone that you pick yourself.

Looking at various company web sites provides useful information. Look to see if there are virtual tours, good photos and guage how comprehensive they are. What about their information? is it description or obviously over embellished? Read real estate blogs, this gives an idea of the agent’s personality and the type of issues they are used to handling. You will need to read between the lines, as some reveal little, whereas other will be frank and candid.

Once you have chosen your real estate agent make sure you have a written agreement, which spells out your requirements and one where he works for you exclusively.

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