It is always a good idea to enlist the services of a realtor, whether you are buying or selling. You may know someone who works in real estate yourself, but you should still take the time to find the one that is truly the best for your needs. The following two questions are things you need to ask in order to pick the best realtor for your needs.
First, you need to look into your realtor’s experience. The more experience they have, the better they are likely to be. If you can, try to find a realtor who has worked all the way through the economic crisis and still works now. Next, make sure that the experience they have is relevant to your own needs. Someone who wants to flip properties, for instance, will have very different needs to someone who wants to find a home to raise a family in. Secondly, you need to find out how your realtor can help you in terms of your demographic and geographical needs. For instance, if you were to purchase a farm, you need to work with a realtor that is very different from one that only works with apartments in major cities, as your requirements will be very different. If, on the other hand, you want to purchase a listed building or a historic property, you will need someone that has a very different type of experience.
If you are looking at making a property purchase, you shouldn’t work with the seller’s realtor who is already involved in the sale. This is because that realtor would be legally obligated to tell their other client your highest budget and other information that could damage your negotiation position. Similarly, if you want to sell, you also need a different realtor. What you need is a realtor that only works with you. To start your search, ask people you know whether they have any recommendations. You can also look through the NAR (National Association of Realtors to find good representation. If a realtor has a NAR registration, you know that they will be highly professional and ethical in their business dealings. Always make sure you contact a range of different realtors before making your decision. When you speak to them, be clear on your needs so they can make suggestions. Doing so will make sure that you can learn how much a realtor knows about prices, neighborhoods and so on. If you want to sell your home, find out how the realtor has done in the past. You need to know whether they usually sell below, on or above the asking price.
The information above has been designed to help you choose a good realtor. Their service is about ensuring you can find the home of your dreams. Hence, make sure you only work with a realtor that you believe has your best interests at heart.