Posted by: Equity Assets Realty
December 1st, 2015
Choosing a real estate agent is a colossal task. Suitable quality, experience, dedication, hard-working and honesty are the most attractive features that every real estate agent should possess. Whether you are selling/ buying a new property, you should find a real estate agent who can guide you through the process successfully. “They get dazzled by these great listing presentations,” says Michael Soon Lee, regional manager of Better Homes and Gardens Mason-McDuffie Real Estate in Walnut Creek, California, who likens the relationship to dating. “It’s a longtime, intimate, trusting relationship. If it doesn’t start out feeling good at the beginning, it’s probably not going to get any better.”(See More: http://money.usnews.com/money/personal-finance/articles/2014/11/07/9-red-flags-to-watch-for-when-picking-a-real-estate-agent)
Here are some of the useful tips of choosing a real estate agent who suits your needs and fits your criteria accordingly:
- Experience in This Business:
Don’t hesitate to ask their listings and past experiences when your decided to select a realtor for your buying or selling home process. For example agent’s past listings, how many homes he/she has sold in your area, recent clients name & address & any particular clients who are pleased or not pleased about the agent’s past performances. “I’d like to know what the asking price was and then what the sales price was,” says William Poorvu, Adjunct Professor Emeritus at Harvard Business School and co-author of “The Real Estate Game: The Intelligent Guide to Decision-making and Investment.”(Read more: http://www.bankrate.com/finance/real-estate/7-tips-for-picking-a-real-estate-agent-1.aspx#ixzz3sUyCQ5hA)
- Agent’s License:
A real estate agent must have a proper license according to the agent’s state and regulatory board and check whether she or he has any disciplinary records or similar incidents that might not acceptable for any home buyers or sellers.
- Agent With Right Credentials:
Like doctors and lawyers, agents should have some kind of degrees in this area which are the must have for choosing real estate agents as career. You must check and ask your agent about his or her credentials which he/she belongs before entering this business. “Here’s what some of the designations mean:
- CRS (Certified Residential Specialist): Completed additional training in handling residential real estate.
- ABR (Accredited Buyer’s Representative): Completed additional education in representing buyers in a transaction.
- SRES (Seniors Real Estate Specialist): Completed training aimed at helping buyers and sellers in the 50-plus age range.”
(Read more: http://www.bankrate.com/finance/real-estate/7-tips-for-picking-a-real-estate-agent-1.aspx#ixzz3sV1mTacp)
- Agent’s Neighborhood & Local Business:
For buyers’ and sellers’ agents, neighborhood expertise is key, because neighborhood markets can have different quirks. For instance, Harris lives on a small ranch, so he knows the ins and outs of rural properties. “I focus very specifically on my county because rural regulations differ by county,” he adds. Historic homes are another area that may require special expertise because of the additional challenges and potential restrictions involved. (See more: http://money.usnews.com/money/personal-finance/articles/2014/05/28/5-questions-to-ask-before-choosing-a-real-estate-agent)
- Communication Skills are Vital:
Information is the key in real estate business. Every time an agent gathers information or key statistics or major changes in Gov. Housing policies should mention the buyer or seller and keep them up to date. Lapse of communication can hamper the business deal and client may miss the opportunity to buy/sell a profitable real estate which eventually creates a bad impression for the real estate agent. An active and spontaneous agent should communicate with his or her clients with phone, fax, email, sms or any means of communications and make the deal happen at the proper time.
- Cost of Selling or Buying Homes
Buyers often don’t pay commission directly, but sellers often do and the costs can vary from agent to agent. For buyers who worry that bringing up the commission topic will be uncomfortable, Chan suggests phrasing this question as, “What will it cost me to sell this property?” Also ask for a breakdown of estimated closing costs. “If they feel that it’s appropriate in your market, some agents throw in free staging or pay for your moving expenses, but you have to compare apples to apples,” he says. (see more: http://money.usnews.com/money/personal-finance/articles/2014/05/28/5-questions-to-ask-before-choosing-a-real-estate-agent?page=2)
These are the bold criteria to choose appropriate real estate agent for your dream home who not only guides you through these complex process but also supervises as well as enlightens you to close the deal with the affordable & appropriate way.