Tips on How to Choose a Good Real Estate Agent
Did you know that depending on the real estate agent chosen, a good or bad deal can be signed?
When you are about to invest in real estate, there is need to choose a good real estate agent in order to get the property of your heart’s liking, avoid demolitions and buying of illegal property and that will get you income.
Moreover, a good real estate agent will be able to navigate the buying process of property with minimal stress on you as an investor.
There is no magic formula for finding a great agent, there are certain tips that you can take to improve your chances of landing on a good agent. Below are tips all buyers should look at when they’re going to choose a real estate agent to get them perfect property.
List of what to look for in a good real estate agent
Behind every good real estate agent there are skills that make the agent ranked as the best. What are the skills? To be sure that the real estate agent is a good real agent, ensure the following:
1) Good communication skills
To make a successful purchase communication between the buyer and agent and also between the agent and seller is key because this is all about what the business involves.
Ensure to hire an agent who you are able to communicate well with and one who is able to answer questions concerning the buying process of the asset. The agent should be able to negotiate the price on your behalf to a reasonable price since some sellers may be selling the desired property at a higher cost.
2) Positive reviews from previous clients
Before selecting a realtor find out the reviews of the agent and look out for that agent whose previous clients have only positive reviews from previous clients. The information on the real estate agents can be found from the internet, it is the best asset when it comes to choosing realtors.
3) Reliable experience
When selecting a real estate agent, know the job experience of the agent. This can be done by asking the agent how long they have been buying and selling houses and also do some deeper research on their experience.
Do not forget to ask the agent on the average list-price to-sale-price ratio as well as the time it takes to find the asset and close the deal. This is important since you need an agent who can get you the desired asset fast.
4) Strong local market knowledge
Every market is different, therefore when buying an asset in a new city, town or country you need a real estate agent who knows the market like the back of his/her hand. This is critical since the agent can be a good guide to navigate through the market.
Inquire also on the basics such as average time on for newly listed houses and average sale prices and also ensure to ask on any unique trend you need to know about the market.
5) Personal rapport
Find a real estate agent who you are going to get along with since most of the time you will spend together. It is therefore very important that to find someone whose company you love and the agent understands your needs very well.
6) Identify relevant certification and specialties
A good expert in any field including real estate should further their education to pursue certifications to strengthen their skill set. Check whether the agent has some real estate specialties from representing buyers to land, commercial investments and many more.
Getting a certified agent in particular area in real estate is a huge bonus.
7) Good connections
A good real estate agent is well-connected in the industry of business and has the necessary resources in their network. Agents know everyone. For example contractors, appraisers, banks or anyone you need to know as a homeowner.
Find an agent whom when purchasing a house if you may need a resource such as a bank, a well connected agent should be willing to help get that.