Whether you are looking to buy a new house or selling your existing one, hiring a real estate agent has many benefits. He/she can arrange open houses, perform searches for properties based on your requirements, and play a role in any price negotiations that typically occur.
However, not all agents are the same with some being more attentive, hard-working, and accommodating than others. Below are four factors to consider before hiring a real estate agent.
The real estate agent that you hire should be personable, attentive, and sensitive to your needs as a buyer or seller. To ensure you hire someone that matches this description you need to do some research on his/her reputation.
Before committing to hiring an agent, you are considering, go online and read any reviews you find. These reviews are written by people who have hired the agent in the past and are in a good position to comment on their experiences. Also get referrals from family, friends, and colleagues. These are people that you probably know well. Therefore, you can trust what they have to say.
You want a real estate agent that has plenty of experience and skill in buying and selling houses including taking part in the negotiation process. Otherwise, you will miss out on properties that would have been perfect for you or your home may not sell in a timely manner.
It is recommended that when you are looking at hiring a real estate agent that you look at their record for selling houses as well as helping clients in the purchasing process. Do not look at the number of listings that the real estate agency has. This may indicate that he/she is new to the industry but could also mean that he/she chooses to manage a small amount to give more personal attention to clients.
When selling your home, you want a real estate agent that will market your home and make it look attractive to potential buyers. When you are buying, your real estate agent should be looking at properties non-stop and informing you of the availability of ones that meet your needs.
Before hiring a real estate agent, confirm what strategies they typically employ. Make sure that your house is listed in his/her website and that they are spreading the word about it through social media outlets as well. Ideally, they are efficient in using real estate CRM to manage their contacts. Also, ensure that he/she will schedule open houses to show your property. If you are purchasing, make sure your agent is in daily contact with you about new listings. Because of the competition of the market, failure to do so could result in you missing out on the perfect property.
You may have a friend or family member who is a real estate agent, but is he/she aware of the current forecast in your location and therefore able to assist you in selling or purchasing a house?
The real estate agent that you hire should be familiar with the area where you are selling or where you want to be purchasing. If he/she is and you are selling, the agent will now a fair market price for your house, so it will sell as quick as it should. If you are buying, the agent will know the desirable areas of the location to look and will be able to offer advice regarding schools for your children. He/she will also know what houses are worth in the area and be able to negotiate on your behalf so you do not end up overpaying.