Regardless of whether you are in the market to sell your home soon or you are planning to make a purchase, hiring a real estate agent is one of the best initial steps that you can take. A home is a major asset, and you have a lot to lose when both buying and selling real estate. You understandably want to walk through the process as easily as possible, but you also want to structure the best deal for you. The right real estate agent will work closely with you throughout the process to ensure that your goals are accomplished. When searching for a great real estate agent, focus on these points.
Many people will begin hunting for a real estate agent by asking friends and neighbors for referrals and recommendations. You could also post a question on your social media account to get excellent feedback from people who you know and trust. This may include agents who you should and should not reach out to. You may also find a few agents through your online research. Always obtain references, and read online reviews to learn more about what level of service they provide.
The best real estate agent will have extensive knowledge about the industry and about the local market, but he or she will also be able to translate technical terms into layman’s terms. The individual should not sound like a financial glossary that uses so much jargon that you do not understand what is being said. Remember that the real estate agent should be assisting you rather than confusing you or trying to show off with a large vocabulary. Experience in the local market is also important because of its benefit in helping you get a great deal.
Attention to Detail
Buying and selling real estate is very detail-oriented. For example, the fine print in the sales contract and small yet critical items of interest inside the home need to be identified and pointed out to you along the way. A real estate agent is not a lawyer or a property inspector, but he or she should have enough expertise and an eye for detail to point out areas that require a closer review by an expert.
Some people unfortunately hire a real estate agent with a big name in town or because they are a friend of a friend, but they are sorely disappointed with the level of service that they receive. A smart idea is to interview multiple real estate agents before signing a contract with anyone for representation. Reach out to each one by phone and email a couple of times with random questions. Pay attention to how friendly and responsive the individual is. This may not tell you how the level of service will be throughout the entire transaction, but it gives you a fair idea. Avoid working with individuals who are so busy with other clients that they cannot give you the time and attention that you deserve.
Hiring a real estate agent is an excellent initial step to take when preparing to buy or sell property. However, the overall service that you receive from each agent will vary dramatically. You should put as much importance on hiring the perfect real estate agent for your needs as you would when planning interior designs for the house. By focusing on these important qualities, you can make an informed decision when selecting a real estate agent.