Are you looking to hire a real estate agent?
Whether you're buying or selling (or both) your home, it's a good idea to seek the expertise of a licensed real estate agent. The housing market is hot in a lot of areas around the U.S., and your agent can help you manage the entire process and negotiate the best deal on your home.
Keep reading to learn about why you need an agent on your side and how to hire a real estate agent in your area.
Why Do You Need A Real Estate Agent?
If you're new to the home buying or selling process, you might be wondering if you need a real estate agent. You might be thinking that you could save some money by doing the work yourself.
While you could save some money, the expertise that an agent provides is invaluable to your home search process. An expert agent will know the area, the market and how to get you the best deal on a home. They will even have access to homes that might not be on the market yet.
If you're looking for more information on what a real estate agent does, this sponsor site has a lot of inside information for real estate brokers, that will give you some great resources.
One reason you might be hesitant to hire a realtor is that you don't know how to find the right one. Hiring an agent can be an intimidating process if you've never done it before. Keep reading to learn more about how to find the best agent for you.
How To Hire A Real Estate Agent
Finding a great real estate agent requires a lot of research and patience. Don't just go with the first agent you interview or the one who shows up first on Google.
To help make the process a little easier, here are ten tips to help you hire the best real estate agent you can find:
1. Get Recommendations From Friends and Family
It's a good idea to start your agent search by asking the people you trust the most. Speak with your friends and family to see if they've worked with, or know any, agents in the area.
Going off of online reviews can be helpful, but you don't always know the person who is leaving the review and why they had a good or bad experience. Your family can give you some excellent insight into who is going to be a good fit for you.
2. See How Long They've Been In Business
When you're looking around for agents, you want someone who knows the market and has a lot of experience. But this doesn't necessarily mean you should shy away from agents who are newer to the game.
If you're looking at a newer agent, make sure they come from a reputable company and have good mentors looking after their work.
3. Ask About Their Marketing Plan
This question is especially crucial if you're selling a home because you want it to sell quickly. So your agent needs to come to you with a solid marketing plan to get the word out that your home is for sale.
Do they plan to use social media? Will they take high-quality photos of your home? These are all things they have laid out in a solid marketing plan.
4. Get Clear Information On How Much They Charge
Money should be one of the first things that come up in your initial meeting with an agent. Typically an agent will charge between one and four percent of the sale on a home. The top agents might cost more than this, which is another reason you may want to consider a lesser-known agent.
Even though you're allowed to negotiate these fees, you want to work with an agent who is open and honest about how much they expect in compensation. Talking about money so early can be uncomfortable, but it's better for these issues to come up before you start working with them.
5. Determine What Sets Them Apart From Competition
There's a lot of competition among real estate agents, so don't be afraid to ask them why you should pick their agency instead of another. Their answer will tell you a lot about them.
6. Get To Know Their Personality
Every agent will bring different personality traits to the table. Some might be feel too much like a salesperson, and another might seem to harsh. It's crucial that you and your agent's personalities go well together.
Maybe you have a good sense of humor and you want your agent to have the same. You'll get a good feel for their personality in your meeting with them.
7. Make Sure They Can Help You Find Other Vendors
The home buying and selling processes are long, and you'll need more help than what your agent can provide. You'll need home inspectors, title companies, mortgage brokers and more. The right agent should be able to connect you with their preferred vendors.
8. Get (And Check) Their References
Sometimes you won't have friends or family to vouch for an agent. In this case, you should ask for an agent's references and make sure you call to check them.
This process is an excellent way to go above and beyond just reading reviews on someone's website. You can get to know the references and see if their experience was something that you want to invest your time and money into.
9. Make Sure They Ask You Questions As Well
You want an agent who is invested in you and wants to get you the house of your dreams. Make sure they're asking you questions as well, so they can get to know your wants and motivations for buying a home. It's crucial that they understand you, your family and exactly what you're looking for.
If they're not willing to put in the time to get to know you, then they're not worth your time or money.
Keep Doing Research
Like we mentioned earlier, the key to making sure you choose the right agent is all about doing your research and asking the right questions. Even once you know how to hire a real estate agent, your home buying or selling process is just getting started.
Check out the rest of our website for more helpful information on buying and selling homes.