Whether you are looking to purchase a new home or sell your current abode, you will need to find a real estate agent you trust. Good real estate agents will be able to assist you with either process; however, there may be unique considerations depending on whether you are buying or selling property. The following are some issues to consider before choosing your next Real Estate Agent:
Scenario 1: Buying a new home
When buying a new home, you want to find a real estate agent who is consistently able to negotiate a lower sale price than the seller’s original listing price. Talking with neighbors and friends for recommendations is often a useful way of discovering agents who have experience successfully negotiating such deals. When searching for a new home, you want to find a real estate agent who is very familiar with the area where you a looking to buy. Such an agent will be able to steer you toward a neighborhood most suited to your needs and price range.
Also, you will want a realtor who effectively and promptly communicates with you. Often, sales need to be negotiated in a timely manner to prevent other potential buyers from undercutting your offer. A real estate agent who does not call you back for three days may significantly impair your ability to secure the property of your dreams. Additionally, there will be documents, inspections and reports requiring prompt attention throughout the buying process. Having a conscientious real estate agent who can effectively help you through this process will be invaluable when purchasing your next home.
Scenario 2: Selling your current home
A good selling agent will thoroughly and objectively evaluate your home and suggest a fair listing price in the given housing market. When selling property, communication skills are as important, if not more important, than when buying property. Selling one’s home is inherently stressful. People want to receive the greatest return for their investment. Criticism from buyers in the form of lower than expected offers or exorbitant repair requests heighten this level of anxiety. Having an agent who promptly returns phone call and correctly answers questions is a key ingredient to a successful experience.
Additionally, selling agents should be able to provide you with suggestions for low cost improvements to improve your chances of quickly selling your home. Real estate agents should be able to fairly evaluate minor changes that will improve the look and feel of your home. Additionally, your agent preparing you for the sale of your home should be able to identify any major property defects that might impede you ability to quickly sell the home. In the event major repairs or renovations need to be completed prior to listing or selling the home, your selling agent should be able to suggest competent and affordable professionals in your area.
Above all else, find an agent you like and trust. You want an agent who carefully considers your needs and would never push you into making a deal to suit their interest in a commission. An excellent real estate agent will be mindful of the importance of maintaining good relationships with their clients in order to preserve their client-base and obtain referrals for years to come.