Picking a Real Estate Agent

Tips for Picking a Real Estate Agent — Part II

Before Picking a Real Estate Agent

Picking a Real Estate Agent

In “Tips for Picking a Real Estate Agent — Part I,” we discussed the importance of doing your homework. Before you pick a real estate agent it helps to obtain a list of what they’ve listed and sold the past twelve months, to verify licensing and disciplinary action with state boards, to seek out agents who are the recipients of designation awards as well as those with the right credentials. In “Tips for Picking a Real Estate Agent — Part II,” we discuss additional tips for deciding on the most well-suited person to find or list your home.

Research an Agents Experience

There’s no substitute for experience. Picking the best real agent requires you to research how long the agent has been in business. This information may be obtained from the state licensing authority or by simply asking the agent. An agent who has been in business less than five years is learning on you which isn’t to your benefit. Look for an agent who is actively engaged in your area and in your price range. What you’re looking for is an agent’s knowledge of these two factors and whether or not they can demonstrate them. This shows you what kind of market presence they have.

Look at Current Listings

Another tip for picking a real estate agent is to look at their current listings. You can do this by checking out an agent’s listings online. You can look online in two places — the agency’s own site and Realtor.com. The Realtor.com website is a searchable online database that has compiled properties from the Multiple Listing Service. A website says a lot about a person or business. What you want is an agent who uses their website as an effective marketing tool. If they don’t use their website to effectively market themselves and their clients’ homes, then how will they market yours? An attractive presentation on the web is evidence that this agent cares and understands how important marketing properties is. When you’re on the agent’s website, look at their listings to see how closely they mirror the property you’re looking to buy or sell. Are the agent’s listed properties in the same area as yours? Are the properties in the same price range? The number of listings is important too. The agent should have enough listings to indicate a health business but not so many that you’ll just be a number.

Do Your Homework

Finally, be sure and ask potential real estate agents about other houses that are for sale nearby. A good agent will know about the properties available in your area off the top of his or her head. But before you ask them, be sure you’ve done your homework too. Familiarize yourself with a house in your area that’s recently sold or is currently for sale and ask the agent if he or she knows the property. A good agent should not only know about that particular property, but they should also be able to give you a few details. This will show that he or she knows the homes in your area and is a person who’s on top of the market.