Evaluating Real Estate Agents
The oldest trick in any real estate agent’s books is to regularly overestimate the selling price of various properties. Sellers are impressed when real estate agents do this, properties fetch at a much higher rate in the market, so impressed that it’s highly likely that they’d go for that real estate agent. It seems like the perfect tactic but properties marked with outstanding prices typically sit in the market for months on end, all the while the seller starts to actually lose money.
Known as buying a listing, this methods is just one out of many that real estate agents have in their inventory when trying to finalize a client’s business. Well-informed house hunters know exactly how to see through the entire fa?ade and pinpoint authentic brokers, ones that are willing to take an extra step. The following tips can greatly help sellers search for the perfect real estate agent; a real estate agent that not only matches their needs but could actually sell the property in just a short while.
1. Interview Them
Whenever you’re going into your first meeting with real estate agents, don’t expect a casual conversation. Treat the initial interview with utmost seriousness; imagine a job interview where you have the final decision with regards to the real estate’s job position, that serious. Arm yourself with numerous questions aimed to finding out more about the company, their experience, how they typically operate and the sales history they can boast. It’s highly suggested to interview a minimum of three real estate agents before anything becomes finalized; don’t immediately go for the first real estate agent you meet.
2. Do a Quick Search on Them
A person or company’s online profile and presence could tell potential customers a lot regarding the ways they do businesses and handle transactions. From their official website to social media accounts and news articles featuring them, any information online basically introduces them to the market. Don’t forget online marketing channels that the employ, look into their effectiveness in reaching potential buyers.
3. Be Sure that They’re Licensed
Licenses and other important credentials are the first documents to look for in a real estate agent that you can actually trust. Be certain that the real estate agent you’re hoping to hire is licensed and has other credentials to boast; these credentials include membership under a national real estate institutes or other recognized property organization.
4. Ask for References
Buyers and sellers are entitled to ask for references from their real estate agents, the references are given by clients in the past; written references should ideally display contact details. Contact the former clients and ask numerous questions to find out of the real estate agent communicated well, effectively guide them in the process, how long before the property was sold and if they would hire the agent again.