February 11th, 2014 by Erdy Mapa
Choosing an ideal real estate agent could be a challenge nowadays. With so many agents, both veterans and new kids on the block, what do you do to ensure you found the right one? Start off by interviewing agents that are familiar with the area you’re interested in. Ask what they can do for you. If you’re buying, a good agent would ask first what is it that you want in terms of location and house description. He or she should then ask about your budget. An agent should be able to provide you with estimates of the cost involved so that you could focus on properties that your budget would only allow, thus saving time and effort. An agent should not tell you which house to buy or not to buy. An agent’s responsibilities are to show properties based on your requirements, thoroughly answer questions about the property, provide valuation of recently sold homes/for sale homes in order to come up with a solid purchase price, as well as provide you with all the disclosures, if available, and fully explain the buying/selling process from beginning to end. If you’re selling, an ideal agent should be able to provide an objective valuation of your property. That agent should be able to market your property in various ways and channels in order to maximize exposure. The commission should be scalable. It could be from zero up to six percent depending on who made the sale, who’s handling the paperwork, and how many parties are involved.
An agent’s character is very important. The real estate process could be daunting, stressful, and complicated, which is why it greatly helps having an agent who is patient, calm, responsive, honest, smart, and savvy when it comes to negotiating the terms. So follow these simple tips and trust your instincts. You can be sure that you will have a more satisfying and gratifying real estate experience.