How to Find a Good Realtor
Buying a new house needs some serious prep work, starting with straightening up your credit background to saving up sufficient funds for the deposit. But that’s hardly all. You also want an ally who will be there to lead you to homes you’ll absolutely love, find the best possible mortgage for you, and just basically help you through this normally complicated process. That’s where the services of a real estate broker or agent come in handy.
The following are pointers that can help you find a good realtor:
Know the differences among different real estate professional titles.
The first thing you may observe when looking for home-buying help is the different titles used by industry professionals – agent, broker, Realtor(R), and the rest. Are they all but one and the same? Not really. A real estate agent can be anybody who has obtained a license to sell property, after completing over 100 hours of course work and passing a qualifying test administered by the state. A real estate broker is a professional who has completed further his studies and is allowed to have agents working under him. A Realtor can be an agent or broker who is a certified member of the National Association of Realtors(R). Realtors are obliged to follow a strict code of ethics, which dictates how they are supposed to treat their clients. Take it as more assurance that they’re dedicated to your cause.
Consider more than real estate broker or agent.
The NAR says at least 66% of first-time buyers contacted only one real estate broker, and that a wrong practice. Besides, how can you be certain that you made a good choice if you didn’t even have choices in the first place? Any legwork you put in extra can actually pay off in the long term. Make sure you explore at least two or three agents and grill them before deciding who’s right for you.).
Interview your prospects.
This is one critical step you mustn’t skip. And during the interview, ask questions that delve into the following:
Specific Local Knowledge and Experience
You want a seasoned agent–and though they don’t need decades of experience, choosing someone who has only been in the industry for a year or two can be risky. On the other hand, someone who just got their license should not be automatically removed from your list, if they have lived in your preferred location for a long time. Try to strike a balance between general and local experience before you make a decision.
Alone or with a Team?
If you choose an agent who is part of a team, you can expect them to respond to your concerns in a more timely manner, as well as give you more attention. This is obviously because there will be other people working toward the same goal, such as creating a realtor marketing plan.
Availability and Schedule
Finally, it’s always better to choose a full-time agent because you know they’ll always be available. If you need to adjust to their schedule all the time, you could miss out on so many nice properties. Availability is specifically important if you have to purchase a house ASAP.