Are you planning on expanding your investment portfolio in the real estate market? How about purchasing or selling a home, or a rental? Well if so, then hiring a real estate brokerage should be one of the most important steps that you should take. Around 80 percent of people use real estate agents from various brokerages to help them buy and sell their properties at the best rate possible.
In this article, we will be telling you how you can choose a broker who caters to your needs and puts you and your property on top of the list.
Asking Pertinent Questions
Asking pertinent questions is one of the first things you should do before hiring a real estate agent. You need to learn how much they know about buying and selling, their licenses and credentials, and about their clientele. It is advised to write all of the questions that come in your mind on paper before conducting the interview.
Some of the questions you will have to ask are,
- Do you have any references which you can give me?
- How connected are you with other agents in the business?
- How will you keep me updated?
- What will be your commission?
- What is your marketing strategy?
These are some of the few questions that you should be asking every applicant who arrives at your doorstep.
Find someone who is invested in the business
Although there are some very competent part-time realtors in the market, it is still a safer bet to go with someone who is a full-time real estate agent. A full-time realtor is completely dependent on the commission they get from the sale of the house. That way, you will know that the realtor will not take any shortcuts to sell your house, just to get it over with.
More importantly, if someone is a full-time realtor, then that probably means that they have a passion for sales and selling houses. You will have the peace of mind that your realtor will do everything in their power to get you the best offer possible.
Find someone who knows the area
Finding someone who knows their way around the neighborhood is extremely important too. If your realtor is not aware of the locality, they will not properly market your property to potential buyers. You need someone who can talk-up your property and link it with various attractions around your house.
Having someone who knows the place is also helpful when you are trying to appraise your house. Your realtor, if he or she is aware of the neighborhood, will know all the comps around the locality and can help you put a price on your house.
Find someone you click with
The bottom line is you need to find someone you can relate with. You cannot work with someone you do not like. Therefore, look for a brokerage you think could be your friend as well. Look for honesty and work ethic, as they are some of the key qualities in any employee.