TIPS FOR HIRING A REAL ESTATE AGENT

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The advertising hype around real estate agents makes it difficult for any person seeking to buy or sell a home to find the right agent. Real estate agents use varied methods of promoting themselves like yard signs, online ads, direct-mail postcards and even sponsored public benches. To find a real estate agent among such hype can be a challenging task.

To help you find the best real estate agent, we have enlisted some tips that you can consider.

TALK WITH THE AGENT’S RECENT CLIENTS

You should ask your would-be agent to provide you a list of his listings containing information about what they have sold in the past year, with the client’s contact information. This way, you can talk to their clients to get a direct review about the service that they got from the realtor. In case you are selling a property, ask whether the previous properties were similar to yours in price, location and other key features. You want someone who specializes in what you’re selling. Your realtor should have prior experience in dealing with properties similar to yours.

LICENSES & QUALIFICATIONS

Real estate agents require some licenses and discipline, regulated by the state. Before hiring a Realtor, you should check with your states regulatory body to find out whether the agent that you are considering is licensed and or has any disciplinary actions or complaints. This keeps you safe and provides some amount of transparency regarding the real estate agent.

CREDENTIALS

Just like any other professional, real estate agents, too, require some additional training in particular areas and technical as well as theoretical knowledge. The alphabet soup after an agent’s name can indicate that the agent has taken classes in a certain area of real estate sales. You should make yourself known to that and then consider hiring an agent.

EXPERIENCE

Your realtor should be an experienced person. You can know the duration of your realtors being in business through the state licensing authority. You can even ask the agent directly. Your real estate agent should at least have 7-8 years of experience.

CURRENT LISTINGS

Do check out the agent’s current listings online to get an insight into the functioning of their business. You can browse through the real estate agent’s website or go on websites that contain information about a number of realtors, offering a searchable online database of properties in the multiple listing service. Observe how closely the agent’s listings mirror the property you want to buy or sell. They should also be in the same area and within a similar price range. The number of listings of a real estate agent indicate whether or not it has a healthy business and you should therefore, pay attention towards it.

TEST THE AGENT’S KNOWLEDGE

Do not hesitate in trying to test the knowledge of your realtor. A good agent should know about other properties that are available in the area. That way, the real estate agent can give you a few details about the property which would certainly be helpful to you.