Is it time to find a realtor? You may be tempted to try the Do It Yourself approach but consider this decision carefully. When it comes down to it, no amount of Internet research can substitute for the education and expertise that a professional realtor brings to the table.
From offering guidance on pricing to acting as a buffer between the buyer and the seller and managing the mountains of paperwork that comes along with any real estate deal, a real estate agent is there to ensure that your transaction goes off without a hitch. And in such a complicated world that can be huge asset.
With the volume of agents out there, the process of selecting the one who’s right for you can be overwhelming. Luckily, there are ways you can narrow down your choices.
Making a Choice
You can ask for referrals by tapping into your local network by asking people you know who they have used in the past and discuss their experience. Then check area yard signs throughout the neighborhood to see if you can spot an agency that specializes in that area.
It always helps to read reviews that can offer interesting insight, but consider them with caution since people tend to post reviews when they are dissatisfied. It is also difficult to tell if a review is legitimate.
Interviews Offer Insight
The most important thing you can do when selecting a realtor is to talk with those you are considering. Select three or four agents that you think you might be compatible with and talk with them.
You can gather information regarding how knowledgeable they are about the area you are considering. Every neighborhood has its unique challenges. Someone who is an area specialist can provide valuable insight when it comes to pricing and buying/selling strategies.
Do they specialize in a particular kind of real estate such as commercial or residential? If you are buying a home, you want to make sure that your agent is experienced in buying and selling residential properties.
• If you are selling a property, what type of marketing will they use?
• What type of representation do they recommend? For example, will they represent the buyer, the seller, or both? How much experience do they have working this way?
• How much experience do they have? Property negotiations can be difficult. The more experience your agent has, the better.
• What is their track record? Experience is one thing, but their history and achievements are important, too. How long does it typically take them to close and how accurate is their pricing?
Even after you have completed your interviews, don’t feel uncomfortable asking additional questions. A good realtor will be happy provide you with as much information as you need to feel comfortable.
Buying or selling your home may be the most significant financial transaction you make. Even a small mistake can cost thousands of dollars. It is well worth the time it takes to do a careful screening to ensure you select the right agent. Don’t allow an unfamiliar situation discourage your decision to buy because Katchen Company offers a strong team of experienced professionals that will provide outstanding personal attention to seamlessly guide you through the entire process.