Why Services Aren’t As Bad As You Think
How to Pick a Real Estate Agent
Whether you’re thinking of buying or selling property, a real estate agent will be able to provide valuable help. But how should you pick one?
Aside from knowing how long they’ve been in the business, you’d like to know how experienced they are with buyers who have similar needs as you. Also keep in mind the difference between a part-time agent and a full-time agent. Certainly, the latter will be able to provide a level of service that may not be possible with the former. This is one very logical expectation.
Areas and Types of Properties
As neighborhood markets vary significantly, it’s a must to choose an agent who is an expert in the location where you want to buy or sell property. Some property types also need a certain specialty, such as historic homes requiring an agent who knows about potential restrictions. If this will be your first home purchase, pick an agent who usually works newbie buyers like you and can patiently guide you from start to end.
A communication gap of only a few hours can mean the difference between a great deal and a wasted opportunity. Therefore, go with an agent who is prompt in returning your calls, texts or emails.
Interviewing potential agents is always a good idea, and so is talking to buyers and sellers they’ve worked with in the past.
This eliminates the self-promotion that business people often need to do, and will provide a clear picture of your potential relationship with the agent. At the same time, you also want to know what percentage of their business comes from referrals or repeat business. If an agent works for a company that thrives mainly on repeat business or referrals, this can mean that their clients are satisfied wit their work.
In most cases, buyers don’t pay direct commissions, but sellers do and the actual costs can vary from agent to agent. In any case, always ask for a breakdown of your estimated closing costs. It appropriate in your market, agents can throw in free staging or take care of your moving costs. If an agent charges less, make sure the services will not be compromised in exchange for the lower commission.
These considerations can help you understand an agent’s process and personality, but in the end, it’s good to depend on your instincts when choosing the right one for you. There are a lot of agents these days having different styles and personalities, but you have to find the one who’s just perfect for you.