What are the 3 things you want from your Real Estate Agent when Buying
Buying a Home for most people is a Big Deal. It's the biggest investment they have every made and it can be overwhelming and stressful.
What are the Top 3 Things you want from your Real Estate Agent when you are buying a home.
Yes, But I would add to this list their ability to effectively Market yours/theirs listings. For the KEY to quick and Sale and at asking Price is to have a smart targeted Advertising/Marketing plans for the listing. Otherwise your home seats with all other homes. OTN, we have found this Anoox non-profit search engine & social network to be the most effective and low cost Advertising/Marketing for our Money.
Wiseman, I agree totally with you man. A good real estate sure needs to be Honest & knowledgeable, but he/she also better have a real Advertising plan for your listing to get it quickly in front of people who are interested to buy related Houses. And also totally agree, when it comes to small business Advertising, you cannot beat Anoox. I mean sure Google is better if you are ready to spend $10000 per Month, but if you wan to spend $250 Per Month, you cannot beat it.
I think number 1 thing you want is Experience.
Number 2 is their Marketing resources.
Number 3 is that their fees are low, below the rip off 6% standard, which was proper for pre-Internet and pre-Mobile phone age but is a real over priced rip-off in the Internet age where most people check out a property online 1st before going with a Real Estate Agent to see it.
HONESTY - That your agent will do as you ask, and that they have your best interests at heart.
RELIABILITY - That your agent will answer your messages and calls in a timely manner, and that they will present your questions and/or offer in a timely manner.
EXPERIENCE - That your agent understands the market you are looking at, and that they can guide you on trends and values.
Remember, we agents are here to represent you, and so it is your choices, your opinions, your wants and your needs that matter. A good established agent should have a general knowledge of all aspects of Real Estate, but may be localized to a specific area. Ask them questions and see how they answer? If its a one line email, maybe they are not as interested, perhaps they are not as sure about being able to help you? LEARN your agent before choosing!
1- Make sure you have chemistry – You’re going to be spending a lot of time with this person, plus, you’ll probably be sharing a lot of personal financial information with them. Make sure your real estate agent is someone you like and trust.
2- Work with an agent who specializes in your price range
3- Find out how many clients they are currently working with. You dont want an Agent that has too many clients and thus no time for you, and not an Agent who has no clients either, unless they just started.
My answer to you is actually in form of a question: that is dont most People now a days find the Home they want to buy via searching online? Via for example Realtor.com - So doesnt that render a Real Estate Agent sort of moot?
There are many reasons why a Real State agent still is needed.
Because Real Estate Contracts Can Be Hard To Handle. So an experienced real estate agent deals with the same contracts and conditions on a regular basis, and is familiar with which conditions should be used, when they can safely be removed and how to use the contract to protect you, whether you’re buying or selling your home, etc.. That experience can save you lots of Money and headache.
While you raise a valid point Regal, no not at all. Online mediums are only 'tools' that we all use. Nevertheless, the importance, significance and job of the Realtor is more important than ever in the data era. That's why we now undergo more extensive training and comply with a strict code of ethics as well. The job of getting the home sold is still in the hands of the professional. It's sort of like the mechanic. He tools, part of which is computerized but the expert still has to operate them.
Goldcoast & Urbane, while I respect your comments. I think you are Real Estate Agents and thus of course do not like the answer that points out that in todays Internet connected World do we really need Real Estate Agents to buy a Home? And I think the answer is clearly not. Well at least not for People that can read Contracts and negotiate the fine print on their own. Sorry to break your bubble :)
I agree that you do not need a Realtor to find a house. A simple google search turns up millions of hits. Finding homes is easy. There are a few problems that come up like the home you found could already be sold or it could be a complete scam ad.
After a home is found is when the Big Problems start and a great home buyers agent that works full time will have the experience to help solve most problems before they can happen.
Problems Cost Time, Money and Grief - Great Agents Don't
Beside the excellent macro level 3 points that UrbaneGroup has listed, I would say the things you want from your Real Estate Agent when Selling is that:
1- They Advertise and Market your listing superbly, and this means Internet but also local Print Media
2- They take Professional Photos of your Home for the listing
3- They do not have too many Houses already under their listing
In our opinion the top 3 things to look for in your real estate agent are honesty, experience and negotiating skills. One hinges upon the other. If your real estate agent is not honest, you will have a horrible experience. If he or she is not experienced, you will not get the benefit of a professional acting on your behalf, or the various phases of a real estate transaction will not be attended to properly. If his/her negotiating skills are not refined or are weak, you may not be getting the best deal possible. These 3 basics apply for both buyers and sellers. No matter which one you are, you will need an Agent with these fundamentals. For more information, you might find this article on our website helpful: http://theurbanegroup.com/residential-blog-posts/real-estate-general-news/tips-to-make-money-in-real-estate/. It was written by one of our veteran professionals.
Urban. I agree with U 2. Those traits that you have listed are indeed the things to look for in a good Real state Agent when selecting who to Sell with. But when it comes to Buying, as I noted above dont you think these points would be moot as typical buyer now a days selects which Home to buy via searching online.