As anyone who’s ever listed a house on the market can tell you, finding a real estate agent isn’t hard. Finding the right one is hard. With so many agents vying for your time and money, how can you pick the right one for your home and situation? Here are a few tips to get you started.
Use a REALTOR® (not just an agent).
A “REALTOR®” is a real estate professional who is a member of the NATIONAL ASSOCIATION OF REALTORS® and subscribes to its strict Code of Ethics. In many cases, this code extends beyond what is legally required. A REALTOR® brings the highest standards of professionalism and accountability to your purchase or sale, and there is absolutely no reason to settle for less.
Look for Knowledge
Generally speaking, your REALTOR® should always know more about a neighborhood than you. A REALTOR® is a consultant who should be able to advise you about school quality, transportation options, and the cultural feel of a given area, and suggest other options you might not have considered. If you’re doing all the legwork or you feel like you’re the expert, look elsewhere.
Find a Fit.
To help you buy or sell a property, a REALTOR® needs to understand and represent your needs and wants. When evaluating potential partners, think about compatibility. Is he or she experienced with the neighborhoods you find interesting? With homes in your price range? Will your REALTOR® be available to work with you on evenings or weekends if your schedule requires it?
Get recommendations.
Every REALTOR® should be more than happy to provide names and numbers of references. Always ask for them, and be sure to follow up. When you do, remember to consider similarities. A happy purchaser of a $4 million mansion is a good start, but it may not be relevant to you if you’re looking to fix up a foreclosure.
by Cormac Foster