You may be planning to sell your home or buy a new home. In any event, you’re probably searching for a great real estate agent.
Realtor, Real Estate Agent – is there a difference?
There are Realtorsï¿½ and there are real estate agents. They are not synonymous terms. An agent is licensed to “represent a buyer or a seller in a real estate transaction in exchange for commission.”Real estate agents typically work for a genuine estate broker or Realtor.
A Realtor also is licensed and may sell real estate as either an agent or a broker. There are completely ethical realtors and Realtorï¿½. The principal difference is a Realtor has made yet another commitment to honor the 17-article code and profession of the real estate business.
The search and some questions
Looking for a great agent means that you will end up asking questions, so let’s start building your list of questions:
Referrals: ask your friends, colleagues, and relatives for referrals. A lot of people who have had a positive experience working with an agent will gladly describe their experience and just why they feel their agent was exceptional.
Referrals from professionals: that is definitely appropriate to ask real estate agents for referrals. Financial institution representatives, especially mortgage brokers, are likely to be aware of exceptional agents.
Open houses: likely to open houses is a wonderful, non-threatening way to meet estate agents. Pay attention to the agent’s manners and appearance, his/her professionalism, and the quality of promotional material provided at the open house. Does the agent seem proficient in the property and the local market? Is the agent ready to explain the home’s features, or does he basically ignore visitors?
If you have a generally favorable impression of an agent, be sure to collect a small business card and make notes of your observations.
References: intend to interview several agents before deciding and signing a buyer’s agreement. Through the interview, ask each candidate to provide referrals of recent clients and call those referrals.
On the list of questions to ask are what were the asking and prices of their properties, and how long the home was out there?
Take time to look up the estate board of licensing services to confirm that the candidate is currently licensed and whether any complaints or disciplinary actions have already been filed against the agent.
Experience: how long has the agent been in business? You should be looking for the agent who thoroughly knows the local market in which you’re selling or planning to purchase your home. It takes time to build expertise and market knowledge. One agent recommends that any viable candidate should have at least five years’ experience.
May be the agent full- or part-time? You should expect, and ask for, a complete time agent.
When evaluating the qualifications of estate agents, look at their websites and current listings. Your future agent should be web and technology savvy, using all current media to help you find your perfect home or sell your current one. The agent also needs to manage to communicate reliably and regularly utilizing the form(s) of contact you like – fax, phone, text, or e-mail.
Ideally, estate agents in Altea is busy however, not too busy to effectively represent you. In the event that you feel that the candidate isn’t committed to giving your sale or purchase full and enthusiastic service, or is prepared to hand you to an “assistant”, move o
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