You may be likely to sell your home or purchase a new home. Either way, you’re probably looking for a great real estate agent.
Realtor, AGENT – is there an improvement?
There are Realtorsï¿½ and you can find real estate agents. old fort bay bahamas These are not synonymous terms. A real estate agent is licensed to “represent a buyer or a seller in a genuine estate transaction in exchange for commission.”Realtors typically work for a genuine estate broker or Realtor.
A Realtor also is licensed and could sell property as either an agent or a broker. There are completely ethical realtors and Realtorï¿½. The primary difference is that 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 start building 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: it is certainly appropriate to ask real estate agents for referrals. Financial institution representatives, especially mortgage brokers, are likely to be aware of exceptional agents.
Open houses: going to open houses is an excellent, non-threatening way to meet auctions. Pay attention to 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 an agent, be sure to collect a business card and make notes of one’s observations.
References: plan 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.
Among the questions to ask are what were the asking and selling prices of their properties, and just how long the home was that you can buy?
Take time to research 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 should be searching for the agent who thoroughly knows the local market in which you’re selling or planning to buy 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.
Is the agent full- or part-time? You should expect, and ask for, a full time agent.
When evaluating the qualifications of estate agents, 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 current one. The agent should also be able 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 however, not too busy to effectively represent you. In the event that you feel that the candidate is not focused on giving your sale or purchase full and enthusiastic service, or is prepared to hand you over to an “assistant”, move o