The concept of representation is very important to understand before you look for a realtor. If you want to sell your home, then you may be on the lookout for a specialized seller’s agent. If, on the other hand, you want to buy a property, then you need a buyer’s agent. As soon as you have signed a contract with one of these agents, they have a legal duty to represent you properly.
First of all, always ask for recommendations. However, do make sure you look deeper as well. Spend some time properly researching as well. Your realtor should also be experienced in your needs. If you have a $200,000 budget, for instance, then you shouldn’t work with a realtor that sells $2 million properties. Next, make sure you speak first to potential realtors before you hire them. Some questions to ask include how they represent, how they work, how much they cost, whether they have references and so on. You also have to make sure that your expectations are made clear to your realtor. You have to make sure that your needs are clear. Finally, you need to actually like your realtor. You cannot trust someone you don’t like, after all. Lastly, try to find a realtor that has a lot of experience. Although you might want to help out someone who is just starting in the world of real estate, would you really trust them with the thousands and thousands of dollars involved in these transactions?
It would be a mistake to work with the realtor whome the sellers of a property have already hired if you are looking at making a purchase. This is due to the fact that any information you give you realtor will be passed on to the seller by the realtor, as it is their legal obligation to do so. The same is true if you are looking at selling. What you need is a realtor that only works with you. The first thing you should try is ask people you know whether they can recommend anybody to you. Alternatively, contact the NAR (National Association of Realtors) to find a realtor. If you work with a realtor registered with the NAR, you will know for sure that they are professional and ethical. Don’t choose the first and only realtor you speak to, however, but look around at a few different ones first. When you speak to them, be clear on your needs so they can make suggestions. Doing so will make sure that you can learn how much a realtor knows about prices, neighborhoods and so on. As a potential seller, looking into the track record of the realtor. What you must find out is whether they tend to sell below, on or above the asking price.
Hopefully, this information will have helped you find the right realtor for you. Their service is about ensuring you can find the home of your dreams. Hence, it is vital that you find someone that you believe will do their job properly.