You may be planning to sell your home or buy a new home. In any event, you’re probably looking 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 a seller in a real estate transaction in exchange for commission.”Real estate agents typically work for a genuine estate broker or Realtor.
A Realtor also is licensed and may sell property as either an agent or perhaps a broker. You can find completely ethical realtors and Realtorï¿½. The principal difference is 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 can 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 positive experience working with a realtor will gladly describe their experience and why they feel their agent was exceptional.
Referrals from professionals: that is definitely appropriate to ask real estate agents for referrals. Lender representatives, especially mortgage brokers, will tend to be aware of exceptional agents.
ocean club estates bahamas Open houses: likely to open houses is an excellent, non-threatening way to meet auctions. Focus on the agent’s manners and appearance, his/her professionalism, and the grade of promotional material provided at the open house. Does the agent seem knowledgeable about the property and the local market? Is the agent prepared to point out the home’s features, or does he basically ignore visitors?
If 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 deciding and signing a buyer’s agreement. During the interview, ask each candidate to supply referrals of recent clients and call those referrals.
On the list of questions to ask are what were the asking and selling prices of their properties, and how long the home was available?
Take time to look up the estate board of licensing services to confirm that the candidate happens to be licensed and whether any complaints or disciplinary actions have been filed against the agent.
Experience: how long has the agent been in business? You have to be looking for the agent who thoroughly knows the neighborhood market in which you’re selling or planning to purchase your home. It takes time and energy to build expertise and market knowledge. One agent recommends that any viable candidate should have at least five years’ experience.
May be the agent full- or part-time? You should expect, and ask for, a complete time agent.
When evaluating the qualifications of auctions, look at their websites and current listings. Your own future agent should be web and technology savvy, using all current media that will help you find your perfect home or sell your current one. The agent should also have the ability to communicate reliably and regularly using the form(s) of contact you prefer – fax, phone, text, or e-mail.
Ideally, your prospective agent is busy but not too busy to effectively represent you. In the event that 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