Saratoga Springs Real Estate News

Large Real Estate Office vs Small Real Estate Office

December 15th, 2015 4:01 PM by Dan Munn

At some time in your life, if you are fortunate enough, you will be purchasing or selling a home.  Do you ever wonder how to choose an agent and or a real estate office to represent you?  Many people “know” a realtor and are comfortable enough with that person to represent them during this large undertaking.  However, often times when the decision to buy or sell comes up in one’s life, they are not sure where to turn.  A safe bet is to ask around and get referrals from friends and family.  Chances are, if you do not know a realtor personally, you know someone who does. 

There are several things to consider when choosing a realtor.  First and foremost, you want someone you trust.  Although all realtors must abide by a strict code of ethics, people and personalities are different.  Nothing can be more frustrating than working with someone who has a different set of ideals and priorities than you.  Also and often just as important, you want to engage in someone who knows and lives in the same market as you are considering buying or selling.  This agent will be more aware of each and every sale within that market area and will be better prepared to assist you in determining a list price or an offer.  Another item to consider is using a realtor whom works in the real estate business full time.  Like anything, the more you do it, the better you will be.  So often real estate agents are “part-timers” and thus may not be as prepared or as knowledgeable as one who works in real estate “for a living”.  Experienced agents can not only help you buy and or sell your home, but they will be better prepared to educate you on how to “stage” your home, how to price your home, market the home and ultimately see it through to closing.  Experienced agents will also be more familiar with the current financing industry which can go along way when applying for a mortgage.  This also holds true in preparing your home so the bank will not find problems with your home which might be a red flag.  An experienced agent will be more familiar with the entire process to include meeting deadlines within the contract, dealing with the appraiser, the loan officer, the attorneys and the home inspector.  Another factor one should consider when choosing a realtor is service.  Remember, realtors are getting paid a commission and thus, you want this person to provide you with the best service possible and treat you like you are their only client.  There are many agents out there with their face painted on all the billboards in town and you see their name everywhere.  This is not a bad thing as they are trying to make a name for themselves, however be careful because so often, they are so busy and representing so many clients that they will not be there for you when you need them. They are surrounded by “teams”, “assistants” or secretaries.  If you are considering buying a house, you want your agent to be able to show you properties based on your schedule, not theirs.  This is the same idea when choosing a real estate office.

Large real estate offices often times have more resources available for you, however the same principle applies. You want to make sure you are not treated like a number.  A smaller real estate office will often not have as many clients and thus will be able to provide you with a more personal and one on one service.  This is not to say larger firms do not treat you well, it just means when there are more clients to serve, and there may be less service to go around.  When it comes to listing a property, people so often want to have a sign in front of their house that is recognizable.  This is very understandable, however, if a house is properly priced and shows well, it does not matter what sign is in front of the house.  A potential purchaser will be willing to look at a house that shows well and is properly priced no matter what sign is in the front yard.  If the office you choose is a member of the local Multiple Listing Service, your house will be marketed throughout the internet and syndicated websites the same as any other office.  Again, potential purchasers do not care who is selling the house, they are interested in the house itself. 

In conclusion, as you can see, there are numerous factors to consider when choosing a realtor and a real estate office.  The above are some items to consider while making your decision.  Take your time, do your research, and hopefully your decision will make the entire transaction a satisfying and successful one.

Posted in:General
Posted by Dan Munn on December 15th, 2015 4:01 PM

Archives:

Categories:

My Favorite Blogs:

Sites That Link to This Blog: