Whether you’re looking for condominiums by the beach or houses for sale in your hometown, you’re going to need to have a trusted real estate agent. Purchasing property can be such a difficult and complicated process and if you aren’t working with professional and experienced realtors, you could end up making a major mistake that could lead serious issues down the road.
If you’re investing in a condominium, for example, and your real estate agent is relatively inexperienced, you could end up making a bad investment that could take years to recover from. That’s why it’s essential you find a quality real estate agent that is both experienced, trustworthy, and persistent.
Roughly 40% of property buyers find their real estate agent through a referral from a family member or a close friend, but there are a few other things you should do before you decide on an agent.
“Most people hire an agent on appearance and gut feeling,” said Lou Cardillo, a real estate agent who spoke to Bankrate. “But selling a home is a very big and important transaction, and sellers should probe deeper to find out why that agent is better compared to another agent.”
Check Their License Credentials
Before any contract is signed, you should ensure that you can verify all the necessary documents required for a real estate professional. Unfortunately, there are plenty of fraudulent aspects of property deals involving both the sale of the property and the real estate agents themselves. That’s why it’s essential that you have a thorough discussion with your prospective agent and check their real estate licensing credentials.
Find Out Their Marketing Strategy
If you aren’t comfortable with how your real estate agent plans on marketing your home, you should search for a professional who has a better plan. The real estate market is extremely competitive and advertising plays a significant role throughout the entire process of selling a home. Have a detailed conversation with every prospective agent you talk to about their strategic marketing plan for your home until you decide on who to trust with this important moment of your life.
If you’re in the market for a new home or condominium, you’re most likely very excited, which is completely normal. But don’t let those nerves cause you to hire an inexperienced real estate agent. Take your time when deciding on the perfect agent, verify their licensing credentials, and figure out their marketing strategy.