Having the right property agent can mean getting a very good deal when buying or selling your home. Unfortunately, before you find the right agent, you might have to throw a few back in the 'sea'. There are agents who promise more than they deliver, use bad negotiating tactics, or simply won't have enough time to help you get your dream home. You should know how to weed them out.
Interview Each Agent
Carrying out an interview is a good way of getting to know an agent. You can find out what their experience is, whether they've helped sellers or buyers similar to you, what they know about the neighborhood you want to move to, etc. You should also ask them for references, and be sure to follow up on these.
How Do They Communicate?
Communication is one of the most important aspects of purchasing real estate. It's important to have an agent who communicates in a timely fashion and keeps you updated the moment anything changes. For example, if there is a property you have your heart set on and there's another interested party, you might miss out if your agent doesn't pass information quickly enough. Therefore, you should enquire from the agent how they plan on keeping you in the loop.
How Do They Negotiate?
Getting a good deal usually requires a good deal of negotiation. In a competitive market, you may have to deal with buyers willing to pay over the odds or homeowners who are not willing to sell for anything less than what they're asking. In the face of such difficulties, having an agent who knows how to negotiate can be the difference.
Do They Have a Broad Network?
A good agent will have a wide network of buyers and sellers, and they'll also have good relationships with other agents. Such networks can be important in finding out about great properties that are not yet on the market. These networks can also bring buyers that would have never have found out about your property otherwise.
What Is Their Workload Like?
Does the agent do this kind of work full-time or is this just something they do when they are not busy with other things? It's important to know how committed the agent will be to helping you buy real estate or sell your home. A committed real estate agent will ensure you get a good deal because this job is their main source of income and a good deal works to their advantage too.