How to Pick a Great Real Estate Agent - Real Estate News
January 15, 2015 Real Estate NewsFinding a good real estate agent is an important process, whether you are buying, renting, or selling a home. Knowing how to pick a good real estate agent goes beyond asking your friends and family who they hired. While 40% of buyers select their real estate agent based on a friend’s referral, it is always a good idea to make sure that the real estate agent will meet your needs. What to ask will vary by what you are trying to accomplish, but there are a few questions to ask real estate agents that fit any situation. Choosing a real estate agent is a lengthy process. While it may help to narrow down the list of potential agents using referrals, you may miss out on hiring a great agent. First, you want to look for local real estate agents who specialize in helping people in your position. If you are buying a house, don’t work with the seller’s agent, as he or she will be getting paid based on how much money you spend. According to The Association of Real Estate License Law Officials, there are 2 million active real estate licensees in the United States, so finding an agent who is not also the seller’s agent should be simple. Conduct phone interviews with potential agents to see if your personalities work well together. Ask the agent about houses they have sold, general questions about the market, and how they respond when things go wrong. Ask the agent their preferred method of communication, and how frequently they check it. Finding a real estate agent who communicates well is a big part of finding a good real estate agent. Once you have an agent in mind, ask for references. Then, check the references. Previous clients will be able to tell you about the agent’s availability, knowledge of the market, and willingness to help out. If an agent cannot give you any references, look elsewhere for someone to represent you. No references means no satisfied clients. Finding a good real estate agent is a crucial part of buying or selling a home. In 2001, 69% of buyers purchased a home through a real estate agent or broker. By 2014, that number had jumped to 88%. By working with a good real estate agent, you will be sure that your best interests will be looked out for.