Choosing the Right REALTOR For You!
Are you looking to sell your home, but you don't know where to start? That's where a REALTOR comes in. A REALTOR is someone who is there to help you with all the aspects of selling your home; from putting it up on the market to assisting with closing it. Since this process can sometimes be long and tiring to go through, you want to make sure you find the right REALTOR for you.
So now you're thinking, how do I choose the right REALTOR? We've got your solution! Follow these 10 tips and you'll find the right REALTOR for you.
1. Go with a Pro
The terms agent, broker and REALTOR are often used interchangeably. The term "REALTOR" identifies a real estate professional who is a member of the National Association of Realtors and subscribes to its strict code of ethics, which in some cases goes beyond state law.
2. Experience Counts
"One of the first questions you should ask a potential REALTOR is how long they've been licensed and how long they've worked in the area," says Richard Roll, president of AHA.
**For a list of questions to ask your potential REALTOR, go to the NAR Magazine Website.
3. Get Referrals
Friends, neighbors and co-workers are often good sources for referrals. Get as many details as possible about their buying or selling experience with a particular agent. You can also check the local yellow pages or search the Internet to scope out your options and find leads. If you're selling, look for sold signs in your neighborhood.
4. Think Locally
"Both buyers and sellers should look for a REALTOR who is familiar with the area," notes Roll. "Ask what they have sold or listed in the neighborhood recently." A REALTOR should be able to provide you with information on the community, the schools, taxes and other facts.
5. Listing Agent or Buyers Agent
When contacting a listing agent direct, many home buyers don't realize that REALTORS legally work for the seller. They're making their commission from the purchase price, so they want to sell a house quickly and for the most money possible. The majority of the time, it's most beneficial for you to have a REALTOR solely representing you in the transaction.
6. Stay in your range
Choose a REALTOR who concentrates on your price range.
7. Interview a Few Candidates
Once you've done some background work, set up interviews with three or four REALTORS you're considering. You might also want to visit open houses to observe the agent in action.
8. Don't Let an Agent "Buy Your Listing"
If one agent says he or she can sell your house for substantially more money than the other agents quoted you, they're probably telling you what they think you want to hear in order to get your listing. Or, they may not be familiar with the market in your town or neighborhood. "Statistics show that properties which are over-priced when they are listed stay on the market longer and sell for less than if they had been properly priced from the start," says AHA's Roll.
9. Agree on Expectations
If you're selling a house, ask your agent to put together a written marketing plan detailing the steps they will take to sell your home. The agent should offer advice on how to prepare your home for the market and have enthusiasm for your property.
10. Look for a Personality Match
Once you know you've narrowed your search down to qualified professionals with the right expertise, make sure you choose someone you trust and who you like. "You'll be spending a lot of time with your REALTOR and it should be someone you feel compatible and comfortable with," says Roll.
After reading these tips and having a long list of questions to ask your potential REALTOR, you are ready to start your search!
Why not start your search with our team of REALTORS at RE/MAX Professionals? They specialize in both buying and selling, working with both traditional buyers and sellers and investors, being the go-to resource for all of your real estate needs. Give one of our experienced REALTORS a call, they're looking forward to hearing from you!
**For the more detailed list of '10 Tips for Choosing the Right REALTOR', go to the AHA Website.
Welcome, Lu Shaughnessy to RE/MAX Professionals!
As a long-time resident of the Stillwater area, Lu brings her expertise to the team at RE/MAX Professionals. Lu brings with her, over a decade of experience in the real estate industry. She specializes in both buying and selling, working with both buyers and sellers, hence her motto, "Bringing Buyers and Sellers Together Faster!" She is the go-to resource for all of their real estate needs. Her knowledge of the area and professionalism will ensure potential buyers and sellers have a great experience.
Lu is licensed in Minnesota and Wisconsin and holds her Graduate, REALTOR® Institute (GRI) Designation. To contact Lu, call her at 651-402-4150 or by email at firstname.lastname@example.org. You can also visit her website at www.LuTheRealtor.com.