Buying a home may be the most important, and biggest financial leap you take in your life. Not to mention, selling your home is kind of a big deal too. Whether you are new to the real estate market, or a seasoned purchaser, many characters come into play in this home buying act. There is a buyer, and a seller, brokers, loan officers and your “go to” guy or gal – your Realtor. This is the person who is, or should be with you from beginning to end.
I’m not sure if you noticed, but there are a lot of Realtors. I mean, a lot. You may have an immediate family member or close friend who dabbles in real estate. More than likely, they will have your best interest at heart. But this isn’t the only thing that is important when locking down a Realtor. There are more things to consider before you ride into the housing market jungle with your real estate tour guide. I’m going to give you 5 things to check off your list before delving into your new and exciting investment adventure.
Number 1: Do your research. First of all, it is wise to utilize the web or local real estate magazines in your Realtor search. This will give you a lot of information on agencies and specific agents. You can also ask family and friends who’ve they’ve had a good experience with, but keep in mind their housing needs and desires may differ greatly from yours. Pick a few Realtors and interview them. This will give you a good idea of their experience and work ethic, how they communicate. Do they return calls, do they answer your questions.
Number 2: A Realtor’s credentials. There are some basic credentials and qualities all great Realtors should have. Your Realtor needs to be state licensed, and be part of the NAR (National Association of Realtors). They should also have access to MLS, or something similar. With these resources, this will give you a better chance of buying or selling a home quickly. Do they have any specialties ( say if you are a senior 55+) such as an ( SRES) Seniors Real Estate Specialist to help clients who are over 55+.
Number 3: Advertising. They should actively market themselves, and work with you on your schedule. Don’t settle on someone who puts you on the back burner. You are the client, and they need to treat you and your search for, or selling of a home, as a priority. After getting to know your Realtor, there should be a bond of trust and understanding. They need to listen to what you want, and make suggestions accordingly. A smart Realtor will know the market like the back of their hand and work hard to get you the best deal possible. This is a team effort and talking about the market, which all vary by price and time on what is the best way to be successful.
Number 4: Open house and showings. Your agent should be searching and sending you information on homes constantly. As a seller, they need to advertise your home, and make honest suggestions on how to sell it quickly. When viewing a home, the Realtor should know certain details about it, like, when it was age, general condition, area and any special amenities or deficits. If you see something you want to put an offer on, the Realtor shouldn’t waste any time, and contact the seller, or seller’s agent and get the ball rolling. More people have been disappointed by inaction, only to find another buyer came along and got their home, or drove up the price with a multiple counter offer. Decide, and act.
Number 5: Enthusiasm. This shouldn’t be an issue as most Realtors say finding someone a home or a buyer brings them great personal joy, but if you feel as if you are being neglected, or things are not moving the way you’d like, it may be time to switch Realtors. There are many agents in the sea, and there will be someone who will make this experience a great one to remember.About the author: Gregg Camp services the Monterey Real Estate market. Visit Gregg’s website where you can find thousands of Monterey bay homes for sale.