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