Are You Making These REAL ESTATE AGENT Mistakes?

You may be planning to sell your home or buy a new home. Either way, you’re probably looking for a great real estate agent.

Realtor, AGENT – is there a difference?

There are Realtors� and there are real estate agents. They are not synonymous terms. A real estate agent is licensed to “represent a buyer or a seller in a real estate transaction in trade for commission.”Real estate agents 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. You can find completely ethical real estate agents and Realtor�. The principal difference is 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 agent means that you can be asking questions, so let’s start building your list of questions:

Referrals: ask your friends, colleagues, and relatives for referrals. A lot of 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: likely to open houses is a great, non-threatening way to meet auctions. Focus on the agent’s manners and appearance, his/her professionalism, and the quality of promotional material provided at the open house. Does the agent seem knowledgeable about the property and the neighborhood market? Is the agent prepared to point out the home’s features, or does he basically ignore visitors?
When you have a generally favorable impression of a realtor, be sure to collect a small business card and make notes of one’s observations.

estate agents References: intend to interview several agents before making a decision 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 how long the home was that you can buy?

Take time to look up the estate board of licensing services to confirm that the candidate happens to be licensed and whether any complaints or disciplinary actions have already been filed against the agent.

Experience: how long has the agent been in business? You have to be looking for the agent who thoroughly knows the local market in which you’re selling or planning to purchase your home. It takes time and energy to build expertise and market knowledge. One agent recommends that any viable candidate must have at least five years’ experience.
Is the agent full- or part-time? You should expect, and ask for, a full time agent.

Next steps

When evaluating the qualifications of estate agents, look at their websites and current listings. Your own future agent should 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 manage to communicate reliably and regularly utilizing the form(s) of contact you prefer – fax, phone, text, or e-mail.

Ideally, your prospective agent is busy but not too busy to effectively represent you. In the event that you feel that the candidate isn’t committed to giving your sale or purchase full and enthusiastic service, or is prepared to hand you to an “assistant”, move o

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