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Archive for the ‘Agents & Brokers’ Category

Looking For a Real Estate Agent?

Tuesday, March 3rd, 2009

Picking the right real estate agent is a very important and often time consuming process. When you pick your agent, you want someone that you feel like you can trust, someone knowledgeable and dependable and also easy to understand. When you are looking to select a real estate agent, here are some things you must look for or ask them to ensure you have the perfect fit for your particular needs.

1. Make sure the real estate agent is qualified: Ask them for their educational background, licenses, and prior track record. This will tell you a lot about the type of person you would be dealing with.

2. Check around to see if they are reputable: You can do this one of two ways. You can ask around locally, or, you can try to pull something up online about them. Being that the internet is a great source for just about anything; people are beginning to utilize its benefits more and more. If someone has a complaint about something or someone, you can typically find it online.

3. Ask them what they can do for you. Some realtors only list the real estate being sold and then sit on it. Others are more actively participating in selling your home. See where each candidate stands on their actions.

4. Do they make a commission if you sell your home not even through them?

5. How fast is a turnaround for questions being answered?

6. How does the realtor like to communicate? Example: Email, phone, secretary.

The best real estate agents are those that truly understand the market. It is great when you have a real estate agent that is also an investor. These are the agents that can advise you the best. Not only can they answer all your questions easily, but they can offer a better insight into future needs. When you sit down with your prospective agents, you will get an overall general feel for the type of person they are. It is good to go off this feeling because you will be directly working with this person for as long as it takes to get the property sold. Keep in mind that you want to get a real estate agent that is knowledgeable and has time to dedicate to your property. Pay close attention to those that seem too busy, as they may be over extending themselves; this is a red flag when looking for an agent. The longer it takes to sell a home, the more money is coming out of your pocket.

These are all important aspects to consider when hiring a real estate agent. In general, a good real estate agent will know this and be more than willing to answer all your questions and provide you with any information you need. Those who aren’t need not apply.

Listing Your Home With An Agent

Friday, January 16th, 2009

A real estate agent can be a useful tool when selling your home. They can also aid you in purchasing a new home to move into. When you list your home with an agent, you want to be certain that you understand what their responsibilities are so that you can aid them in selling your home. The real estate agent is responsible for listing your home and marketing it to the general public. They will negotiate the property on your behalf and can offer you advice on everything from setting a good price to staging the home to entertaining offers. An agent will list the home on the MLS, do your paperwork and complete the process of closing. For this service you agree in the Listing Agreement contract that you will compensate the agent with a certain amount of percentage in the form of commission if they bring you a buyer. The commission is provided to the agent during the process of closing on the home.

The MLS is a great tool that real estate agents have. This is a database that in on the Internet and has thousands of properties that are listed for sale. These are not only properties in your area but all over the country. A good agent will scan the database to find listings that will meet your needs. When you list your property on the MLS you are essentially making your home available to buyers and agents across the entire country. Many individuals will be relocating to new and different cities, this allows them and their agents to find homes that are in the area and for sale. Your home could be on their list of houses to look at it if your home is on the MLS. Your agent may also be able to find you a new home as well by using this database.

It is possible to sell your home without an agent, but you are taking a great deal of stress upon yourself by doing so. Only 20% of homes are sold without an agent. This is because you are not able to get your home listed on the MLS without an agent. You are also responsible for all of your marketing, paperwork and home showings. Most homes that are bought are found on the MLS. There are not many agents who will browse the newspaper looking for homes for sale. This means that your house could be missed if you are only able to list in the newspaper, because the wide majority of buyers will use real estate agents to find them homes to look at and those homes are found on the MLS.