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Find a home to buy
How to Find a Good Real Estate Agent
This article was co-authored by Carla Toebe. Carla Toebe is a Real Estate Broker in Washington. She has been an active real estate broker since 2005, and founded the real estate agency CT Realty LLC in 2013.
Whether you’re buying or selling a property, a quality real estate agent is vital to make the process run smoothly. Seek out an agent with excellent credentials and references. Meet with a handful of agents to make sure any questions you have are answered. Watch out for potential red flags. Agents who charge very low costs or only work part-time may not be reliable.
Part One of Three:
Finding an Agent with the Right Credentials Edit
Part Two of Three:
Interviewing Real Estate Agents Edit
Part Three of Three:
Watching for Red Flags Edit
- Your best option is to ask someone you know for a recommendation. Another option is to drive around your community to see which agents are listed on for sale signs so that you can contact them. You can also search for agents online. Ask your potential agents if they have experience working with buyers who are also selling a home. Finally, ask them for references from previous clients who’ve gone through the same process.
- First-time home buyers have some special benefits when buying a home. Your agent should spend time reviewing these, your needs and wants, and discussing your financial strength (down payment, deposit money, the closing cost, etc). On top of that, you have to consider property taxes and home insurance. Once you’re comfortable, you’ll be referred to a mortgage broker, if you don’t already have one. Once you get pre-approval, the search for the home with the best fit for your finances and needs will begin.
- Let them know over the phone you want to go with a different agent. Thank them for their time, but explain to them it’s simply not working out.
- A pushy agent is usually a bad sign. A good agent will want you to have a good experience renting from them and will be willing to give you time to think it over.
- If you are listing your property then the listing agent charges a percentage commission to list, market and advertise, show, and negotiate through the process of selling your home. If you are a buyer looking for a home with a buyer’s agent, you don’t pay your real estate agent directly. The buyer’s agent receives their commission through the seller’s transaction for getting a buyer for their home which is based on the percentage set by the listing agent.
- The length of listing agreement is negotiable between you and the real estate brokerage. Since you are the owner and you are the one who is hiring and paying, it should be your decision as to how long you want to be in agreement. However, allow sufficient time to market your property and get you good price. If your realtor is not doing as agreed or if you are not satisfied (obviously some solid reasons for that), you can always cancel or terminate your listing. Some agents only suspend your listing, hoping to win back your listing. Insist for getting it terminated and find the right agent.
- It can be a big benefit because your listing agent will have all of the necessary information to keep the buying side of the new home going along smoothly. A lot of agents who have a seller who is also buying with them will negotiate their commission differently since they will be getting paid on two sides.
Related wikiHows Edit
About This Article
To find a good real estate agent, start by creating a list of possible candidates who are local and have at least 5 years of experience. Next, check online to make sure each candidate is properly licensed before calling to set up interviews. During each interview, confirm how long the agent has been in the business, what properties they’ve sold recently, and which online sites they use to list properties. You can also ask for a list of references and contact their previous clients if you want to dig a little deeper before making a decision!