Picking the right Realtor can make a huge difference in how quickly you buy or sell a house, how much you pay or receive, and how smooth the entire process will be. But a little homework is a must if you want the most favorable outcomes.
Here are tips to help you find a Realtor who will be truly helpful to you:
Choose a professional.
While they may seem to have the same meaning, Realtor, broker and agent should not be used interchangeably. First off, not all agents or brokers are Realtors. Only real estate professionals who are members of the National Association of Realtors are Realtors, and as such, they are bound by very strict ethical standards that may be beyond the scope of state law.
Whether you’re planning to buy or sell a house, choose a Realtor who will not merely put you on their 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.
Relatives, friends and colleagues can be good sources for referrals. Ask for as many details as possible about their experience with the Realtor and whether they were happy with it overall? Check the local yellow pages or search the web for options and leads. If you’re selling your house, see if there are any sold signs within your neighborhood.
Focus on local.
Whether you’re a buyer or a seller, choose a Realtor who knows the area well enough. Find out if they have sold or listed in the place of late. As a buyer, you should go with a Realtor who can provide important information about the community – for example, taxes, nearby vital establishments like hospitals and supermarkets, and the rest. If you’re selling a property, your agent should keep prospective buyers in the know about such details.
Set and stay inside your range.
As a buyer or a seller, it’s a must to choose a Realtor who sticks to your price range. For instance, if you want to purchase a house priced between $250,000 and $300,000, you have to check listings in your local paper to know which listing Realtors are within that 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.
Choose a Realtor you can get along with.
As soon as you’ve narrowed your search down to a few Realtors, decide which one you like the most as a person. 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.