Tips tp selecting a Real Estate Agents
Choosing a real estate agent is one of the most important decisions a home buyer or seller can make. Here are some tips to help find an agent that’s right for you.
Do some legwork. Ask friends and family for referrals or visit open houses and meet several Realtors®. This will allow you to meet several agents and see whom you like.
Remember, it is not about whom you like the best. It is who can do the best job for you and whom you trust to work hard on your behalf. Also if you are a home buyer, it is the seller that pays the commission fees.
2. Check Out Ratings and Reviews
Online agent ratings and reviews are the next best thing to a personal referral. Knowing the experience that lots of other people had with a particular agent is valuable information to have.
3. Interview Multiple Agents
Buying or selling a home is one of the biggest financial events of your life so take the time to interview at least three agents before deciding whom to hire. You want to find someone who demonstrates knowledge of your area and expertise in the buying/selling process, that is, familiarity with all the technicalities such as title, appraisals, financing, negotiation, inspections, etc. Above all else, make sure you’ll feel comfortable having this person guide you through an overwhelming and stressful process.
Remember, it is not about whom you like the best. It is who can do the best job for you and whom you trust to work hard on your behalf.
You should also base your decision on your particular needs. If it is a complex transaction, look for someone with a lot of experience. If you know you want look for someone that does not have as many clients and has the time to focus on you.
Also if you are a home buyer, it is the seller that pays the commission fees.
4. Ask the Right Questions
There are hundreds of things you can ask during the interview process. Separate the good agents from the great ones by comparing the answers you get to these questions:
How many deals did you complete last year?
How many of those deals were in the area I am interested in?
How will you prioritize and strategize for my needs?
5. Communication Expectations
One of the most common complaints from buyers and sellers is about the agent’s lack of communication. Discuss how with agents how they keep clients informed and how often you expect to hear from them. If you prefer email but the agent is most responsive to phone calls, you may not be a good fit for each other. Or, if you know you’re going to have lots of questions about the process and expect quick responses, but the agent’s MO is bi-weekly updates, you may want to find another agent. It doesn’t matter how fantastic your agent is if your communication styles don’t mesh.