You may be planning to sell your home or buy a new home. Either way, you’re probably searching for a great real estate agent.
Realtor, AGENT – is there a difference?
There are Realtorsï¿½ and you can find 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.”Realtors typically work for a real estate broker or Realtor.
A Realtor also is licensed and could sell property as either an agent or perhaps a broker. There are completely ethical realtors and Realtorï¿½. The primary difference is a Realtor has made yet another 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 confident experience working with an agent will gladly describe their experience and why they feel their agent was exceptional.
Referrals from professionals: that is definitely appropriate to ask realtors for referrals. Lender representatives, especially mortgage brokers, are likely to be aware of exceptional agents.
Open houses: going to open houses is a superb, non-threatening way to meet estate agents. 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 neighborhood market? Is the agent ready to explain 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 your observations.
References: plan to interview several agents before deciding and signing a buyer’s agreement. Through 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 selling prices of their properties, and how long the home was available?
Take time to look up 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.
Experience: how long has the agent been in business? You have 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 the very least five years’ experience.
May be plumbing – or part-time? You need to expect, and ask for, a full time agent.
When evaluating the qualifications of auctions, look at their websites and current listings. Your future agent ought to be web and technology savvy, using all current media that will help you find your perfect home or sell your present one. The agent should also have the ability 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. In the event that you feel that the candidate isn’t committed to giving your sale or purchase full and enthusiastic service, or is prepared to hand you over to an “assistant”, move o