Choosing a realtor is one of the most vital decisions a home seller or buyer can make. Luckily, here are some few tips to help find a real estate agent that’s perfect for you.
Do research to find a real estate professional
Do some groundwork. Drive or take a walk around your locality and check out the for sale signs. Are there marketing materials or fliers available? Does one company dominate the area? Most importantly, do sold-signs go up after some few days, weeks or not at all? There is a real estate app that can help you with most of these questions.
Stop by open homes in the Greater Vancouver area to view other houses on the market. This is a good way to see the realtor in action, and meet them in a casual-setting. Are they informative, professional and friendly? How do they react to other individuals coming to the open house?
Check out reviews and ratings
Online agent reviews and ratings are the next big thing to a personal referral. It’s important to know the experience that other customers had with a certain real estate agent. There are apps and websites that allow you to find the realtors with the best reviews and highest ratings.
Interview multiple realtors
Buying or selling a house is one of the major fiscal events of your life so take some time to interview at least 3 realtors prior to deciding whom to employ. You want to find an agent, who demonstrates familiarity of your neighborhood and expertise in the buying and selling process, that is, expertise with all the procedures such as negotiation, appraisals, inspections, financing, etc. above all, make sure that you will feel comfortable having this agent guide you through a stressful and overwhelming process.
Ask the right questions
There are several things that you can ask during an interview process. The questions below can help you to separate the good realtors from the great ones. You can tell the difference by how they answer these questions:
- How will you strategize and prioritize for my needs?
- How many of those contracts were in the area that I am interested in?
- How many contracts did you complete last year?
If you are a seller, ask how the realtor will market your house both on and off line (see the Place Real Estate Team in Vancouver), what kind of photo requirement will be used, how many photos are usually posted with a listing, how often will your home be advertised and where will it be advertised? Lastly, can this realtor tell you what recent buyers are searching for in a house these days?
On the other hand, if you are a buyer, find out how the realtor will search for houses for you, who will come up with pricing, how multiples offers are handled, and how many houses you can expect to see prior to finding the right one.
For more information, talk to Adam Chahl of the Place Real Estate team in Metro Vancouver.