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Here's What to Look For When Hiring a Real Estate Agent

Housing-Market / US Housing Apr 22, 2021 - 11:34 AM GMT

By: Steve_Barker

Housing-Market

The most daunting experience for an individual or family shopping for a new house or wanting to sell their property is hiring a real estate agent or firm that can represent their interest throughout the entire process.

Buying a home is a huge milestone in a person’s life, but when you lack knowledge about the real estate market, it could become a sour experience. And it is the same thing when you want to sell your home, you need realtors to help you navigate the process while holding your hand all the way.

Most people shopping for properties in the real estate market are first-time homeowners, to ensure that your lack of experience is not exploited, get the right property that suits you for the right price, it is important that you engage the services of a real estate agent.

It gets tricky here because you cannot just decide to hire a realtor on a whim; they need to tick certain ethical, professional, and psycho-analytical boxes before you make the final decision.


This is a guide on the things to look out for in a realtor to help you decide if they are one of the good ones to trust or the bad ones to avoid.

Do they have reliable experience?

This is a deal-breaker. When choosing a realtor, hire someone with relative experience who knows how to navigate the market. You can tell how experienced an agent is by finding out how long they have been licensed to practice as a realtor.

Also, the way a realtor helps you navigate the process, deal with difficult house-hunting problems, property listing fiascos shows you more about their experience and reliability. Experienced realtors will usually be more patient with real estate rookies looking to buy their first home and will take the time to walk you through the process at your pace.

Are they a part of a real estate agent network?

Choose your realtor while considering if he or she has a real estate networking circle that can help you navigate buying or selling your property. According to Jacob Realty, boutique-style real estate agents have local knowledge that can help you navigate the market, so it may be in your best interest to patronize a small town realtor that knows property owners personally, is best friends with a real estate lawyer and can help you find a home inspector or mortgage broker.

Hire an agent who has a roster of trusted home service professionals, from repairers and cleaners to painters, roofers, electricians, plumbers, and more, because you would need these people at one point or another.

Location And Local Market Knowledge

The real estate market is different in all the states, so you need a realtor that has perfect knowledge of local market trends, the patterns of houses in each suburb area, and can guide you through the nuances of your specific locality.

To confirm if a realtor has local know-how, inquire about the basics of local real estate terrain, like average time on the market for newly listed homes and average sale prices, location for highbrow or low-cost real estate properties, and unique trends of the local market.

Interpersonal Skills

Hire an agent or realtor that is tolerable on many levels because you will ask a lot of questions as that is how you can gather information about a home that will help you make the right decision, it is important to work with someone whose company you enjoy and who understands your property needs.

Also, when you want to buy a home, good communication rapport between buyer (or seller) and agent should be topnotch as it allows you the freedom to ask questions and make inquiries during open houses and inspections or when to set up house viewings that are convenient for you as the seller.

Patience is something that you should strive to observe in a real estate agent, read the body language of the realtor to know if they want you as a client because they want to close the deal on the house as soon as possible or concerned about you getting the best deal for selling or buying your home.

Availability is key. Be certain that your realtor is available to help and answer your questions.

Clientele Reviews

This is a good way to know if a realtor you are considering will help you get the best deals when you are selling or buying a property. Online reviews on the real estate agent’s website will help you decide whether he or she is one of the good ones. Americans are big on customer service, so you will certainly see reviews on the conduct of a real estate agent when you look at his or her website or online forums.

Make this article your guide when you are looking to hire a real estate agent, as it will help you decide based on these important factors. I assure you, you will end up with one of the good property agents out there.

By Steve Barker

© 2021 Copyright Steve Barker - All Rights Reserved

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.


© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


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