You may be likely to sell your home or purchase a new home. Either way, you’re probably searching for a great real estate agent.
Realtor, Real Estate Agent – is there a difference?
There are Realtorsï¿½ and you can find real estate agents. They are not synonymous terms. A real estate agent is licensed to “represent a buyer or a seller in a genuine estate transaction in exchange for commission.”Real estate agents typically work for a real estate broker or Realtor.
A Realtor also is licensed and could sell property as either an agent or a broker. You can find completely ethical real estate agents and Realtorï¿½. The principal difference is a Realtor has made yet another commitment to honor the 17-article code and profession of the true estate business.
The search plus some questions
Looking for a great agent means that you will be asking questions, so let’s start building your list of questions:
Referrals: ask your friends, colleagues, and relatives for referrals. A lot of people who have had a confident experience working with an agent will gladly describe their experience and just why they feel their agent was exceptional.
Referrals from professionals: that is definitely appropriate to ask real estate agents for referrals. Lender representatives, especially mortgage brokers, are likely to be aware of exceptional agents.
Open houses: likely to open houses is an excellent, non-threatening way to meet auctions. Focus on the agent’s manners and appearance, his/her professionalism, and the quality of promotional material provided at the open house. Does the agent seem knowledgeable about the property and the neighborhood market? Is the agent prepared to explain the home’s features, or does he basically ignore visitors?
Once you have a generally favorable impression of an agent, be sure to collect a small business card and make notes of your observations.
References: plan to interview several agents before making a decision and signing a buyer’s agreement. Through the interview, ask each candidate to provide referrals of recent clients and call those referrals.
Among the questions to ask are what were the asking and prices of their properties, and how long the home was available to buy?
Take time to research the estate board of licensing services to confirm that the candidate is currently licensed and whether any complaints or disciplinary actions have already been filed against the agent.
Experience: how long gets the agent been in business? You have to be searching for the agent who thoroughly knows the neighborhood market in which you are selling or planning to purchase your home. It takes time to build expertise and market knowledge. One agent recommends that any viable candidate must have at the very least five years’ experience.
Is the agent full- or part-time? You should expect, and ask for, a full time agent.
When evaluating the qualifications of estate agents, look at their websites and current listings. Your own future agent should be web and technology savvy, using all current media that will help you find your perfect home or sell your present one. Homes for Rent The agent should also be able to communicate reliably and regularly using the form(s) of contact you like – fax, phone, text, or e-mail.
Ideally, your prospective agent is busy but not too busy to effectively represent you. In the event that you feel that the candidate isn’t focused on giving your sale or purchase full and enthusiastic service, or is ready to hand you to an “assistant”, move o