There are multiple ways you can adopt when it comes to shortlisting the best real estate agent in town, however, asking for referrals still stands to be the topmost method for finding a local realtor.
Even though there is no hard and fast rule that requires you to hire a real estate agent for getting a property but a professional can streamline the tedious process of buying and selling. Moreover, a reliable realtor will do all the negotiations on your behalf and would make sure that you get the best deal on the property you are planning to sell or buy.
In case you are finding it hard to get a good referral for a real estate agent there are other ways you can adopt as well. Make sure you assess the qualities of your agent in terms of professionalism and then hire him. Let’s take a look at the things you need to assess.
Where will I be able to locate a real estate agent?
It is true that when it comes to buying and selling a property, people usually rely on recommendations from family and friends for real estate agents. After all, purchasing and selling a property is no small decision in terms of finances. Hence, you must be working with someone who is both credible and reliable.
Moreover, you will be spending a great deal of time with your property agent so make sure you choose someone with whom you have no personality clashes. Going with referrals is an ideal place to begin your hunt for a real estate agent. However, you must take your time to interview a few potential people, assess their strengths and weaknesses, experience and personalities. And then make a decision.
In case you cannot find any good referral from a friend, family member, or a colleague, then the following are some of the ways you can adopt for finding a real estate agent in your town:
- Take a look in your neighborhood and find any “property for sale” signs. These signs usually contain contact numbers of agents who are working in your vicinity.
- Go to open house talks in your area and speak with a few real estate agents. Then contact the one whom you feel most comfortable with. Go with your gut instinct.
- Use online searches to find real estate agents in your local business directories.
What kind of local realtor should I hire?
Prior to beginning your hunt for a good real estate agent, figure out the exact kind of agent you require for your property. Some agents usually represent only the potential buyers while others represent both buyers and sellers. Find out which one you need:
1. The Buyer’s Real Estate Agent
A buyer’s agent is a real estate agent who only represents the potential buyers. They would list the price range of the buyers, schedule visits to the property on sale, represent them to the seller when it comes to closing the deal, and provide assistance with the negotiation process as well on behalf of their client. If a deal is finalized, the realtor will guide the buyer through the signing process.
2. The Selling Real Estate Agent
This is where the categorization gets somewhat confusing. When a seller accepts the terms of a buyer or his deal, the agent who was representing the buyer now becomes the “selling agent” because he is now in charge of selling the property to his client who is the “buyer”.
Hence both the terms are used simultaneously for the kind of real estate agent. The main thing you must keep in mind is that a buyer’s agent represents the interests of the potential buyer!
In The End
All in all, the best and the most obvious way of finding a real estate agent is by seeking recommendations from your family, friends, colleagues, and neighbors. However, if you fail to get any good referrals then your best bet is to go on the hunt yourself or use local search engines and business directories.
Whoever you hire at the end of the day, make sure that he is easy to work with and you both do not have a personality clash. In addition to being experienced, professional, and credible your realtor should also be a good and trustworthy person.