When it comes to buying or selling a property, you should always work together with a good realtor. Many of us know people who work in real estate, but they may not be the best ones to represent your needs. Let’s take a look at two important things to ask in order to find out which realtor is best for you.
The experience of your realtor is perhaps the most important thing. The more experience they have, the better they are likely to be. The best ones are the ones who started working before the economic crisis and are still going strong. You do have to ensure they have experience that is relevant to your personal needs. For instance, the needs of a first time buyer are very different from the needs of a national property developer. You also need to know that your realtor understands your demographic and geographical requirements. For example, those who want to purchase a ranch will need a realtor that understands soil conditions and production methods and who can also look into the homestead that comes with the ranch. If, on the other hand, you want to purchase a listed building or a historic property, you will need someone that has a very different type of experience.
It would be a mistake to work with the realtor whome the sellers of a property have already hired if you are looking at making a purchase. This is due to the fact that any information you give you realtor will be passed on to the seller by the realtor, as it is their legal obligation to do so. If you hope to sell your property, you also shouldn’t work with the realtor representing the opposing side. What you need is a realtor that only works with you. Firstly, ask your friends and others whether they can refer you to a realtor. Alternatively, contact the NAR (National Association of Realtors) to find a realtor. Finding a NAR realtor means that you are guaranteed to be represented ethically and professionally. Do make sure you speak to several before you decide which one to go with. When you speak to them, be clear on your needs so they can make suggestions. Doing so will make sure that you can learn how much a realtor knows about prices, neighborhoods and so on. As a potential seller, looking into the track record of the realtor. You need to know whether they usually sell below, on or above the asking price.
Hopefully, this information will have helped you to find the best realtor for your needs. The services of real estate agents should be employed whether you are buying or selling. One of the most important things they will be able to help you with is identifying the best time to buy or sell, and this information could save or make you a lot of money.