How to Locate Good Realtor?
You might be thinking to sell your house or buy a new one. Either way, you must have a good and dependable real estate agent who can help you out. As a matter of fact, realtor and real estate agent are used interchangeably but is there a difference between the two? Well fact is, these two have unique characteristics and not synonymous to each.
What a real estate agent does is represent the seller or the buyer in doing any real estate transactions in exchange for a percentage of the sales made. Oftentimes, they are working for realtors or real estate brokers. On the other hand, realtors are licensed and may be selling real estate either as a broker or an agent. You are going to find a number of ethical realtor and real estate agent. What sets realtors apart from real estate agents is that, they are applying 17-article code as well as profession of real estate business.
When searching for a professional and experienced real estate agent, there are certain questions that you have to ask and know. These are exactly what we will be talking about in the next paragraphs.
Number 1. Referrals – asking some of your colleagues, relatives or friends for referrals for referrals is totally fine. Those who received good service from their agent will feel thrilled and excited to tell you about their impression and other things why they believe that it is the best agent you should hire. If not, they will tell you otherwise and several red flags you should know.
Number 2. Open houses – it is great to go to open houses, which is also a non-threatening way of meeting estate agents. While doing so, make sure to pay attention to the appearance and manners of the agent, quality of their promotional materials, professionalism and the likes during the open house. Check if they look knowledgeable and well prepared. When you have a favorable impression of the agent, make sure to get their business card and jot down notes.
Number 3. References – see to it that you have interviewed couple of agents before you make a decision and sign the buyer’s agreement. During the interview, ask the candidates to show you their most recent client referrals and call some in the list. Few of the questions you should ask them include the asking and selling price of properties and the how long the property sits on the market.
Number 4. Experience in the field – whenever possible, try to hire agents who have broad knowledge of local market to which you are planning to buy or sell the house.
Transactions will be faster and quicker if the agent or realtor is well versed.