If you have ever dealt with the process of buying or selling a piece of property, you very well know that that work is not for everyone. There is a certain skill set, experience, and market knowledge that one requires to ace any real estate deal.
Real estate agents are mavericks when it comes to buying or selling because they can cover all the bases of the process. There are people who believe that they do not bring much to the table and get a hefty commission for menial work. This could not be farther from the truth.
For those who need top dollar for their property, or looking for a place under budget, you need to find the best real estate agent your locality has to offer. How you will ever find one, you ask. I will share some practical tips to help you in finding the perfect candidate.
Interview
To make you understand better, this analogy will help. You need to interview prospective candidates before settling on one. And tackle this issue as if you are looking for an employee. This is partially true since they work on your behalf on the deal and not for the other party. Although, they do not enjoy the perks and put in work as of an employee in the conventional terms.
While interviewing, remember to ask a lot of questions and make sure you have come out with a clear mind. This will help you in finding the right realtor for you.
Incentives
Like every other industry, there are a number of variables among different real estate agencies. It includes expertise, a range of services, etc. That is why you need to be sure about what a realtor offers and how much before handing over the business to him.
One of the things that you can get through negotiations with the realtor is some sort of incentive. It may come in the form of less percentage of commission or some other benefit.
Pricing
For a majority of people, pricing is a determining factor to buy a product or service. Hiring a realtor is no exception to this principle. You may be tempted to go with the realtor that offers a discounted price. But keep in mind that in cases like these, less is not always more.
There are cases when people went with a rather cheaper real estate agent and end up with their offer far too longer than those who went for a premium realtor. Agencies cut corners and may be less motivated to put in time and effort in your project because it will not earn them much.
After research and diligence, go with a realtor that can give personalized solutions and strike the perfect balance between value and money.
Referrals
Chances are you will get a lot from them before you could even ask. This is a marketing trick for them to flaunt their previous deals and projects. This helps them in connecting with new clients because they would feel they can trust the agent.
When you get referrals, it is best to drive by to some if possible. Otherwise, call them and inquire about the competence and process dynamics with them. You can also go online and see how people have rated, commented, reviewed their services.
Contract
Before you put your signature on the contract, read it in its entirety and ask questions if there is any ambiguity in it. You do not want to end up with a contract that will surprise you at the end of the deal, and not in a pleasant way.