To make your work of buying or selling property, it is important to hire an experienced real estate agent to help you. However, with the many real estate agents available, how can you determine which one will be right for you?
Real estate agents usually advertise themselves or their firms to be the best in the market. You may come across advertisements on the internet, see yard signs, sponsored public benches and direct-mail postcards. It can be challenging to determine the right agent to choose. Still, by using common senses, you can size up an agent’s record and potential.
Whether you want to buy or sell real estate, here are things you should consider before hiring an agent:
Check the recent clients
Look for agents that have been recently active in buying or selling properties. Ideally, you want an agent that has been actively involved in helping clients buy or sell property over the last one year. With the dynamics of real estate industry always changing, an active agent will be in a better position to advise you on various issues related to the market.
Find out which clients the agents have worked with in the past. The clients could be those that they have sold or listed property for over the last one year. You should reach out to these clients later on to find out about their experience with the agent. Before you leave the agent, ask him/her whether there are any clients that may not want to be contacted and those that may want to be contacted.
When you get in touch with the clients that the agent referred you to, find out about the asking and sale price of the properties they were dealing with. If your main reason for looking for a real estate agent is to sell property, find out whether the ones the potential agent has sold in the past were comparable to yours in terms of features, location and size. Look for an agent that has specialized in the type of property you wish to sell.
Finally, ask about the time it took for the agent to sell the properties.
Confirm the Agent’s License
The state real estate licensing body is in charge of disciplining and licensing agents in the state. Check with your state’s regulatory body to find out whether the agent you want to hire is licensed to work in the state. You should also find out whether there are any disciplinary actions that have been taken against the agent.
When looking for a real estate agent, consider the two things above.
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