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.
Below are pointers to help you find a Realtor who can provide valuable help:
Don’t settle for anyone less than a pro.
While they may seem to have the same meaning, Realtor, broker and agent should not be used interchangeably. First of all, there are brokers and agents who are not Realtors. A Realtor is a real estate professional who is a member of the National Association of Realtors and operates along the organization’s strict ethical standards which sometimes go beyond 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 initial questions you must ask a potential Realtor is how much experience they have in the area and how long they’ve been licensed as a Realtor.
Family, friends and co-workers can provide some personal recommendations. 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 selling your home, look around for sold signs in your neighborhood.
Focus on local.
Buyers and sellers alike should go for a Realtor who is familiar with the location. Ask your prospects if they have sold or listed in the place recently. 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. As a seller, your agent should be able to talk to prospective buyers about such details.
Define and stay in your range.
As a buyer or a seller, it’s a must to choose a Realtor who sticks to 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 works with more expensive or cheaper homes, they won’t be as knowledgeable when showing you properties in your own price range.
Find someone you have chemistry with.
As soon as you’ve narrowed your search down to a few Realtors, decide which one you like the most as a person. Whether as a buyer or a seller, you’ll be spending a significant amount of time with your Realtor, so you have to consider compatibility when making your final choice.