Choosing a Real Estate Agent

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Selecting the right person to represent you in one of the most expensive transactions of your life is nothing to take lightly. Here are some tips to help you choose the right one for you.

Do Not Use The Listing Agent

Initially you might want to choose the listing agent but it is not recommended. Since they were hired by the seller, they might not have your best interest at heart.

Hire your own buyer’s agent. You’ll want somebody who is local to the area and is familiar with the neighborhood and the surrounding area.

Make Sure Agent is Familiar with Your Area

Take note of which agents have for-sale signs in your neighborhood. Pop in to an open house and speak to the agent. Do they seem professional and eager to help?

Some things to think of when selecting:

  • Are they familiar with the schools in the area?
  • What stores are nearby?
  • Are there parks or trails?

Questions to ask a potential agent:

  • How long have you been an agent?
  • Do you work solo or are you part of a team?
  • How many clients do you currently have?
  • Do you specialize in any type of property?
  • Do you usually represent sellers or buyers?
  • What is their method of marketing a property?

Do You Need a Special Type of Agent?

What type of real estate agent do you need for your transaction? If you are purchasing a special type of building like a business or apartment, make sure your agent is familiar with these types of contracts.

Check references and reviews!

There are several ways to check if an agent is qualified. Personal references are always a good indicator. If you have a friend who had a good experience, chances are you will too. Another is checking online with Yelp!, Facebook, LinkedIn and the Better Business Bureau to read reviews from past clients.

Meet With at Least Three Agents

We recommend meeting with at least three agents to help you make your choice. You will be able to compare and contrast each to find somebody who is a good fit.

Make Sure You Agree on Contract Details

Go over details like the listing price, commission structure and length of the contract so you are both on the same page.

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Teresa Maraumoto

Teresa Maraumoto

Contributing writer and Mortgage Loan Professional with BTMMAC Loan Services, Inc.

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