When it comes to buying or selling a property, you should always work together with a good realtor. Although most of us know at least one person who works as a realtor, don’t be tempted to automatically go to them as they may not be the best to represent your needs. Let’s take a look at the two most important things you need to know about when you choose a realtor.
First of all, always ask for recommendations. However, do make sure you look deeper as well. Hence, you need to do your research. Your realtor should also be experienced in your needs. If you are hoping to buy a penthouse, for instance, you shouldn’t go to a realtor that focuses in suburbia. Next, make sure you speak first to potential realtors before you hire them. Ask how they will represent you, what they cost, whether they have references and so on. You also have to make sure that your expectations are made clear to your realtor. They must understand your needs. Finally, make sure that you actually get along with your realtor. After all, without a personal liking, there will be no trust either. The last thing is that you need to find someone that is very experienced. 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. Similarly, if you want to sell, you also need a different realtor. What you need is a realtor that only works with you. Firstly, ask your friends and others whether they can refer you to a realtor. You can also contact the NAR (National Association of Realtors) in order to find a professional for you. Finding a NAR realtor means that you are guaranteed to be represented ethically and professionally. Do make sure you speak to several before you decide which one to go with. Explain your needs and ask what they suggest. These conversations can help you determine just how much a realtor knows about a specific neighborhood, house prices and so on. If you want to sell, you also need to know what the realtor’s track record is. You need to know whether they usually sell below, on or above the asking price.
It is hoped that the information above will assist you in finding the best possible realtor. Make sure you never buy or sell a property without working with a realtor. One of the main things they are aware of is when the best time to buy and sell is, and this could end up saving or making you thousands.