The decision to buy or sell a home is one of the most important financial decisions most people make, yet many give little thought to finding the real estate agent best suited to their needs.
Agents are often chosen solely on the recommendation
of a friend or an ad in the newspaper. But choosing THE RIGHT AGENT
can save you time, effort and aggravation in finding the perfect
home at a price you can afford or selling your home quickly at BEST PRICE.
Owning property
is very important, and when you deal with someone who is going to
help you buy or sell a piece of property, you should better find someone
that knows what they are doing.
If you pick up the phone book and choose
from the yellow pages, you won't be able to make a better decision than if
you picked up the telephone book to choose a brain surgeon.
Shelley O'Hara, author of 'The Complete Idiot's Guide
to Buying & Selling a Home,' says, "When you announce your
desire to purchase a house, you may be surprised at the number of
real estate people who want to represent you. Agents come out of
the woodwork. You won't have to worry too much about finding an
agent -- you do need to worry about finding THE RIGHT ONE."
The most important thing when either
buying or selling a home is to select the right real estate agent,
but people usually go about it backwards. They read a newspaper
or get one of the home magazines in the supermarkets, and they call
about a home they see advertised. They should first select the real
estate agent -- one who will understand what they need and can navigate
the system for them.
The most important thing when either
buying or selling a home is to select the right real estate agent,
but people usually go about it backwards. They read a newspaper
or get one of the home magazines in the supermarkets, and they call
about a home they see advertised. They should first select the real
estate agent -- one who will understand what they need and can navigate
the system for them.
You must make inquiries before
you sign with an agent or broker. Commissions are usually substantial,
so some real estate agents will try to sell you anything. They'll
tell you every house is the best house they've ever seen, every
room is the prettiest, your kids are going to love it, and your
dog is going to bark nicely. They will tell you anything!
If you're selling, your property may be the
most valuable thing you own and it is of utmost importance to find
an agent you can trust .
It is the most important duty of any broker in real
estate to disclose all the material facts of any transaction
-- everything they know about the property, good or bad. If a salesperson
knows there are three inches of water in the basement every time
it rains, he is obligated to disclose that fact."
Do:
- Ask people you trust for agent recommendations, but take what they say with a grain of salt. Did they recently buy a home in your same price range? Have they had a successful time selling their home? Just because this agent worked out well for them does not guarantee the same experience for you.
- Research. Most real estate websites, including theempireestate.co.in, have online agent reviews. This can be a good starting place.
- Interview the agent. What is their specific marketing plan for your home? How will they negotiate so that you can be the winning bidder on your dream home? Why are they the best option for you? Can you call some of their past clients?
- Set up expectations. What do you want from them? Outline your needs from the get-go so there won’t be any surprises down the road.
- Make sure you get along with the agent. You don’t need to be best
friends, but ultimately there should be some sort of rapport that allows
for a successful business relationship.
Don’t:
- Pick friends or family. You don’t want to jeopardize a friendship if the buying or selling process gets difficult. Also, be wary of hiring even a friend of a friend, or someone recommended. If you’re serious about real estate, find someone that you can be honest and professional with. Unfortunately, that may not include your cousin or your best friend’s spouse.
- Pick someone who dually represents the buyer and the seller of the property you’re looking at. They may not be able to fully transparent with you.
- Be afraid to break up with your agent. Be honest and simply tell the agent it’s not working out. List your reasons and be respectful.
- If you’re not quite ready to be tied down to a particular agent, it’s better not to engage one until you’ve made a formal decision. You can communicate with an agent and ask for advice, but be clear upfront where you stand.
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