Category: Agents

In most places across the country both buyers and sellers can benefit from having a good realtor on their team.  Choosing the right realtor for you can make a huge difference in the process of buying or selling a house.  Your house is likely to be the single biggest financial asset you ever have so it makes sense to have someone that is on your side looking after your interests.  Let’s look at what goes into making a good realtor.

Experience

Real estate is a challenging industry and if you find a realtor that has survived the good and the lean times is a testament to their skills.  Skills like negotiating develop over time and a real estate agent who has been in business for a while has done so by professional skill and putting their clients’ interests first.

Local Agent

A local agent understands the neighborhoods and properties in the city in which you are searching for a house.  They have connections within the community including other agents, trades people, attorneys and mortgage brokers.  They understand the pricing in the market place along with other considerations such as where the best schools are and which neighborhoods are up and coming.

They are Licensed

Each state has requirements for licensing agents and brokers and a licensed realtor needs to demonstrate their knowledge and pass several exams in order to get their license. This is what separates the pros from those just looking to take your money.  You can check with the Georgia Secretary of State to find out if your realtor has a license or any disciplinary action against them.

They Know How to Market Your Home

Real estate has changed a lot in the past decade and now smart realtors know how to use the internet and social media to market houses.  If you are selling it gets your house in front of more buyers and if you are buying it helps you narrow down your search to the type of house you are looking for.  Any agent you work with needs to know how to market your home.

Talk to Former Clients

Former clients are a great source of information about a realtor.  Were they happy with the service and did they feel like the realtor listened to and addresses their concerns?  Would they recommend the realtor to their friends and family?  You want a realtor that is going to aggressively act on your behalf to make sure you get the best deal you possibly can whether you are a buyer or a seller.

Agents

Buying or selling a property on your own can be done but it is an ordeal that would be made a whole lot easier if you had a real estate agent on your side.  Real estate agents commissions may seem high and that is why most choose to try it on their own first, but real estate agents more than earn their money.  Real estate transactions are rarely simple and these are some of the common mistakes that happen when you sell on your own.

Determining the Price

Do you know how to look at the comps and set the right price for your house?  An agent not only has access to that information but know how to price to sell.  Whether it is to create a multiple offer situation or just to move it quickly they have the right strategy.  If you are a buyer then they can help you find homes within your budget, rather than you wasting time going through hundreds of listings.

Helping You With Mortgage Options

Most people don’t look beyond their own bank when it comes to getting a mortgage whereas a real estate agent can put you in touch with a mortgage broker who can give you options for financing your home.

Having the Home Inspected

If you are moving to a new town and looking for a house an agent can help you get into the right neighborhood.  They also make sure that there is a home inspection done on the property and will advise you not to buy if the house isn’t structurally sound.

Negotiating on Your Behalf

Agents negotiate for a living so if the other party has an agent, then they are in a better position than you are.  The opposing agent can and will exploit your lack of knowledge when it comes to real estate.  It is their job to negotiate the best deal possible for your client.  If negotiating isn’t your strong suit then you could potentially lose thousands.

Agents Don’t Show FSBOs

When your home is listed with an agents, other agents will also show your home to home buyers.  It is like having all agents working for you at once.  However when you sell on your own your “For Sale by Owner” property will be completely ignored.  They have no incentive to show your property to their client base so your home will be ignored by every realtor in town.

Impartial Opinions

Your home has sentimental value to you, it doesn’t to your realtor.  You can ignore the flaws in your property because you have good memories there, whereas your realtor won’t.  The will tell you exactly what you need to do to your property to get the best price possible.

A real estate agent is invaluable when it comes time to buy or sell a home, you will have a much easier time with the whole real estate transaction when you have one on your side.

 

Agents