How to pick the right Realtor

Most buyers and sellers think that every realtor provides the same service and out come. Nothing could be more from the truth.
The only thing realtors have in common is a license. Even though if you deal with a realtor , they have to belong to the national association of realtor with a local chapter, and they obey by the ethics of that association. So you get more than just a real estate agent.

So how do you choose one? What are desired skills?

85% of buyers and homeowners agree that negotiation skills are their number one priority.
Interestingly enough a lot of clients try to pick an agent who works for the lowest commission and can be bullied the most into listing a home for the highest price. I am not sure how these negotiation skills will be beneficial for the negotiations on the home sale and the conditions of the home sale.
How to pick a listing agent:
Let’s focus on sellers for a bit who are right now in a sweet spot. Most markets in our area are seller’s markets. Multiple offers are common, houses get sold over the list price, many inspection issues don’t have to be addressed if you are just in the right desired market and price range.

‘So…” you really don’t need an agent, you can do it all yourself, the house is practically selling itself. You can save the commission, sell for the highest price, have the most take home. Well, it doesn’t always work this way. It does sometimes, if you are in a truly hot market, are lucky and savvy. A lot of for sale by owner end up with a realtor, after losing time and energy, because they realize it’s too much work, or it’s too complicated, everyone wants the discount they get and they don’t get the marketing and exposure you would get from a true professional who markets properties every day, knows the market and the best strategies. 
How to pick the agent: most people feel they should pick the agent who is willing to list the property at the highest price and take the lowest commission. – Is the agent buying your house for the list price? If not forget about it. In any market you should list your property competitive and realistic. In this market if you are in the most desired price range between $250000-500000. You should price it slightly lower to invite multiple offers. 
Commission: well, what service are you getting? What kind of marketing, exposure, staging, photography, drone pictures and videos…
The cheapest agent could cost you many dollars of your bottom line. Because in the end, your bottom line will determine how well you are positioned for your next step. 
How well does the agent know the contract, how experienced id she/he in inspection issues, what’s her/his knowledge about chimney, structure, septic, stucco. How well does he know to navigate those issues? Does she/he listen what you need? Is s/he making your goal her/his goal?
Is S/he a professional or a hobby agent who wants to fund the next cruise?
Does s/he have references from current and past clients?
Does S/he know the area and the market?
Do you click? You might be better off picking a professional over the family member or friend, but if your family/ friend is a professional you might just get a bit of extra service.
Interview a couple people. Best of luck:

Comments

Popular posts from this blog

2019 - How will the market change?

Predictions for 2018 in the realestate market