02 Aug Tips for Picking a Great Real Estate Agent
Finding a real estate agent is a dime a dozen but finding a good real estate agent can be more difficult than it sounds. You need to be able to look past the advertising hype that these agents create for themselves and find someone who is great at their job. Even though it may sound difficult there are some ways to size up an agent’s record. Here are some tips for picking a great real estate agent.
- Talk with the agent’s past clients
You can ask the agent for a list of all the past listings and what they have sold in the past year with contact information. You can then directly ask them about their experience and what they paid if they were buying and how much they sold it for if they were buying. Another great question to ask is, “How long were the homes on the market for?”
- Check for licence and Disciplinary action
This is basically a background check on your potential agent. The state licences and disciplines real estate agents. So it is a good idea to check your state’s regulatory board to see if your agent is licenced or has had some complaints filed against them or if disciplinary was taken.
- Professional Awards
The best agents will be regarded highly by their peers and would have won prestigious awards like ‘Realtor of the Year’ which is a good sign that they are the real deal.
- Find out how experienced they are
As with the licence, you can also find out how long the agent has been an agent or you can ask them directly. You will want to get an agent who knows what they are talking about and displays in-depth knowledge of the area and homes in your price range. A good rule of thumb is if they haven’t been in business for more than five years, they are too inexperienced.
- Check the agent’s current listings
Most buyers initially look online to find listings for homes. You want an agent who uses the internet effectively. Also looking at the current listing available can give you a good idea about the agent’s experience and knowledge. There are many resources online like Realtor.com which offer searchable databases of properties. Also, look at how close the property you want to buy or sell mirrors the agent’s listings. Check if they are in the same area or in the same price range.
- Gauge their knowledge
Again, a good agent should know all of the available properties in a given area. If they do not, they are not good or have enough experience to be able to get you the best deal possible. They should have the ability to give details about any property in the area as this shows that they really do know that area.