Tuesday, February 26, 2013

5 tips to find a real estate agent


Do you want to invest in a property? Do you know the difference between Realtors and real estate agents?  In the real estate market, finding the right real estate agent is crucial to make the process as simple as possible. A good real estate agent can make or break your deal.  Before you start shopping for a home, you need to get the right aid to help you through the process. Keep on reading to find 5 tips to finding a real estate agent.
  • Realtors and Real Estate Agents-  understand the difference-
Often these terms are interchanged; however, there is a difference.  Both real estate agents and realtors have a license to sell real estate.  The members of National Association of Realtors can display the Realtor logo and are pledged to follow a professional code of ethics.  Only realtors are members of this association. This clearly establishes a basis for business practices with higher standards.  Only 50% of real estate agents are a part of this association. So, think wisely and act smartly.
  • Ask for a Referral-
 It is essential to find an agent that is experienced in this sector. Clients of a real estate agent often are referrals of other satisfied clients.  If you know someone who has had a home buying experience in the local market, ask him his experience with a certain agent. Look for a person who is largely concerned with client satisfaction.
  • Internet – Your helping hand for searching Agents –
The internet is flooded with online web pages that will refer real estate agents in the area of your interest. However, this search method does not guarantee a quality agent.  Most of these sites are paid directories. You can use your favorite search engine to search top real estate companies in a particular area. You need to check the reliability and history of the agents thoroughly.
  • Be keen about Individual Agent Turnover-
The real estate profession has a high rate of turnover. In other words, lots of untested agents are continuously moving in and out of agencies. Look for experience. If you want to work with a particular broker or realtor, ask how long they have been working in this field. Look for the one having more than two years of experience. This will help you engage an agent with thorough knowledge and experience in this sector.
  • Check Commitment and Interview agents-
Many agents only practice on a part-time basis. Many times, they might not have time. Such agents cannot give you the attention you deserve. Some brokers only represent properties within a certain price range. If you are not looking for that particular price range, they might not give it their all. You have to do some research and find the right agency with committed and dedicated agents having experience.
Experts suggest meeting at least 3 prospective realtors/agents. This will help you get an idea what they can do for you. Be clear and ask them how well they know your neighborhood. Ask for references and check history. You have to assess prospective agents on the basis of their personality. This will help you narrow down your search and finalize one that best suits all your needs and criteria.
With all the above tips to search for a real estate agent, you should be able to find an agent that will help you through the process. Never restrict yourself, explore all possibilities. Keep all the above points in mind and look for more avenues to find the right agent.  Do your homework and with the help of these tips, find a real estate agent who will simplify your home buying process and let you turn your dream into reality in an easier, faster and cost effective way.

© Global Realty & Investment Corp 

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