If you're searching for a house or are interested in creating an on-going working relationship with a real estate agent for the purposes of buying a residence it is crucial that you find someone who will understand your requirements and act on those accordingly. The perfect agent can help you with a profitable transaction, as well as several more in the future, if you intend on investing in multiple properties.
Before you hire an agent to help you buy or sell a home, you should interview at least 3 agents in person. In order to do this, first get recommendations from friends, family and neighbors. Look on the web, in home magazines and the local newspaper. The interview is simply an opportunity for you to meet the candidate and explain your needs, it need not be formal. Agents should come prepared.
Additional designations, Graduate Realtor Institute (GRI) and Council of Residential Specialist (CRA), require that agents take additional, specialized real estate training as well as following a code of ethics.
Having resources such as in-house support staff, access to a real estate attorney, and assistance with technology can help an agent find you a home.
It is important to discuss the agent’s commission and cancellation policies. A great way to get a feel for the agent’s professionalism and tactics may be to ask how they’ve dealt with a past client who found a home on their own merits. Find out if the agent will still be entitled to a full commission. Question about early cancellation fees that may apply if you become dissatisfied.
Your relationship with your real estate agent is significant to a satisfactory experience. Each agent communicates differently and whether you would prefer to be informed of new prospects, through e-mail, text, phone call or a personal visit may be important in your rapport with that agent.
This could help you assess what’s important to the agent and determine how closely the agent’s goals and business emphasis work with your own.
Ask recent clients about their experience with this agent. You may want to find out whether the client was pleased with the agent’s communication style, work ethic and follow up methods.
Realtors vs. Real Estate Agents
Not all Real Estate Agents are Realtors, a Realtor is someone who belongs to the National Association of Realtors. To become a member, an agent must hold an active license from a qualified school and promise to adhere to a particular code of ethics.