How to Choose a Good Realtor
Whether you want to buy or sell a house, you may just need help from a real estate agent. But how can you tell you’ve met the right one? You’re going to find realtors, plain real estate agents, some will be full-time and others part-time, and maybe even friends and relatives who are in the trade. Who’s the best one to work with?
One thing’s for sure: those days of a real estate broker putting a For Sale sign in the yard, putting the property on the Multiple Listing Service, and just waiting for a buyer to come along, are gone. For sellers, that means working with a proactive, technology-bright agent. Because buyers begin with the Internet these days, pictures should be professional and the description detailed and really catchy. Very importantly, choose an agent who’s got some social medial marketing muscle. These days, this is where most of the action is, and you don’t want to miss it.
On the other hand, if you’re looking for a buyer’s agent, consider your prospect’s track record for closing deals. On average, a real estate agent would be able to sell around four homes yearly. Say you’re thinking of buying a home, and you represent one-fourth of the agent’s annual income. Think they will actually work for your best interest, or would they do everything in their power to close the deal?
A typical agent will usually go straight to the MLS to search for homes, but a great one will look for properties that have yet to be put on the market. They will contact some of your target area’s homeowners or even begin a direct mail campaign in that specific neighborhood.
Realtors and Real Estate Agents
Whether you’re planning on buying or selling a hope, it’s important to understand what makes Realtors and real estate agents different from each other. First of all, real estate agents are not always Realtors at the same time.
“Realtor” is the National Association of Realtors’ registered trademark. Hence, it may only be used by NAR members, who pledge to uphold the association’s code of ethics in their practice.
Pros usually recommend interviewing at least three agents before deciding on one. People usually talk to one and proceed, and that is quite risky. References can also be crucial, so be sure to ask for some from your prospects. They should tell you about their approach in finding you the perfect home or the perfect buyer for your property.
Finally, take note of how the agent responds to your first inquiry. This usually indicates how they’re going to be for the rest of a transaction.