Getting Started: Why Do You Need an Agent in the First Place?
When looking for a dream house, there are so many factors to consider. You need to do some serious preparations. For starters, you need to make sure that your credit score is impeccable. You also need to pool your resources in a sustainable manner to amass a sizeable down-payment for your dream home. Finally, you need to find the best real estate agent that can work with you every step of the way.
In between these, you also need to check out all the different listings to ensure you get a beautiful house that you will love with all your heart. It sounds simple, but with all the different options out there, you will find the process taxing, both financially and emotionally.
Therefore, it is essential to find an ally who will be there to give you unrelenting support, from the start to the finish. After all, this is one of the most important transactions you’ll carry out in your life. Why not entrust the bulk of responsibility in the good hands of the best real estate agent you can find?
So, Who Exactly Do You Need to Find?
With all the different titles out there, it is easy to get confusedly teary-eyed while trying to make up your mind about who to work with. There are three different cadres of property-marketing professionals out there.
First, there are Agents. A real estate agent is someone who is licensed to help people to sell their properties. To get this license, a prospective agent usually studies a real estate course for about 100 hours, then gets accredited by the state.
Then there are Brokers. A broker is someone who has gained more experience and has undergone further studies in the field. A broker is allowed to hire real estate agents under him (or her).
Finally, we have Realtors®. This is someone who belongs to the National Association of Realtors®. They are either a broker or a real estate agent. Realtors have a strict code of ethics that they must adhere to. They are required by this code to be a fiduciary – so that they act in the best interest of the buyer.
For this reason, when you find a realtor®, you have found the best of the three cadres. You can rest assured that you’re ‘insured’ against an excessively costly property transaction – and your wallet will thank you in the long run.
How to Find the Best of the Best
Now that we’ve seen the different professional types in the real estate arena, what remains is how to find the best person for the job. Below, we list three items for your hit-list.
It is imperative to do some online research and create a list of potential real estate professionals that you can engage for the job. When doing this, you might need to focus on their track record. If possible, find out the number of years that they have been practicing.
Secondly, doing the online research will help save time and money while finding best deal.
Once you have narrowed down your list and contacted these agents, you might want to ask them questions to gauge their suitability. This means that you probe them about numbers, like how many people they have connected to their dream homes. It is a good idea to get different opinions from different agents so that you do comparisons later on.
Do Not Settle for Someone with Low Expectations
Finally, do not settle for someone who is good enough. Try to do some shopping around and compare these professionals – at the end of the day, you should have one of the best real estate agents working on your side.