You may be planning 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 an improvement?
There are Realtorsï¿½ and there are real estate agents. They are not synonymous terms. A real estate agent is licensed to “represent a buyer or perhaps a seller in a genuine estate transaction in trade for commission.”Real estate agents typically work for a real estate broker or Realtor.
A Realtor also is licensed and may sell real estate as either an agent or perhaps a broker. You can find completely ethical real estate agents and Realtorï¿½. The primary difference is that a Realtor has made an additional commitment to honor the 17-article code and profession of the real estate business.
The search plus some questions
Looking for a great real estate agent means that you may be asking questions, so let’s begin to build your list of questions:
Referrals: ask friends and family, colleagues, and relatives for referrals. Most people who have had a confident experience working with an agent will gladly describe their experience and why they feel their agent was exceptional.
Referrals from professionals: it is certainly appropriate to ask real estate agents for referrals. Lender representatives, especially mortgage brokers, are likely to be aware of exceptional agents.
Open houses: going to open houses is a fantastic, non-threatening way to meet auctions. Pay attention to the agent’s manners and appearance, his/her professionalism, and the quality of promotional material provided at the open house. Does the agent seem proficient in the property and the neighborhood market? Is the agent ready to point out the home’s features, or does he basically ignore visitors?
When you have a generally favorable impression of a realtor, be sure to collect a small business card and make notes of one’s observations.
References: intend to interview several agents before making a decision and signing a buyer’s agreement. During 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 on the market?
Take time to research the estate board of licensing services to verify that the candidate is currently licensed and whether any complaints or disciplinary actions have been filed against the agent.
ocean club estates bahamas Experience: how long gets the agent been in business? You need to be looking for the agent who thoroughly knows the local market in which you’re selling or planning to purchase your home. It takes time to build expertise and market knowledge. One agent recommends that any viable candidate should have at least five years’ experience.
Is the agent full- or part-time? You need to expect, and ask for, a complete time agent.
When evaluating the qualifications of estate agents, look at their websites and current listings. Your future agent should be web and technology savvy, using all current media to help you find your perfect home or sell your present one. The agent also needs to manage 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. If you feel that the candidate isn’t focused on giving your sale or purchase full and enthusiastic service, or is prepared to hand you over to an “assistant”, move o