Successful real estate transactions take a lot of skills and market knowledge, especially if they take place during unstable economical times. While there are still many people who prefer to sell or buy properties, without working with an agent, working with an agent can increase your chances of closing a good deal, not to mention the fact that it will save you a lot of time and concerns. However, it can be quite hard to find an agent whose experience is aligned with your interests, and with whom you would feel comfortable to work with. First of all, we advise you to consider various candidates. Secondly, we have prepared some tips to help you screen your options, and choose the agent who is most likely to handle a successful transaction for you.
1. Look for experience specific to your needs
There are countless real estate scenarios, and it is important to work with an agent that has dealt with your particular situation before. As you can imagine, renting an office space is one thing, but selling a luxury property is a completely different story. Each type of scenario requires specific skills and local market knowledge. The amount of experience that an agent has with your particular situation can determine how likely they are to close a good deal for you, but also how smooth they will make this process for you. Colleen from www.incomerealty.net says you can significantly narrow down the search with this tip, because you’ll only be looking for the agents who are experienced in what you need, wheter it is renting, buying, or selling a property.
2. Ask them about their work network
Networking is essential in the real estate market. Having the right contacts increases an agent’s chances of closing a good deal quickly. Any good agent should be in touch with various business owners in your area. Moreover, if you are interested in buying or selling a luxury property, you should work with a top realtor whose network includes industry leaders, celebrities and other wealthy people. Those of you looking for a Realtor West Hollywood, should consider working with a seasoned realtor like Brad Jen, as he knows all the right people to handle such a transaction. Not only that, but he has dealt with luxury properties for many years, so he has the experience to handle this type of a transaction.
3. Look for someone who has actually been in your situation
If you plan on selling a property, ask your agent whether or not they have ever owned and sold a property before. Someone who has already been in your shoes, can sympathize with your situation, and they can make the process smoother for you. This is particularly important if you plan on renting a property. Renting properties doesn’t take a lot of skills, so these deals are usually assigned to beginner agents, who will try to close a deal as soon as possible. However, if you work with an agent who owns and rents properties, they will know just how important it is for an owner to find a good tenant.
4. Ask them about their strategy
If you are selling a property, you need to work with an agent that will do more than just advertise your property online and put a “For Sale” sign in your yard. After all, you could easily do this on your own, without wasting money on a commission. A good agent should have a good marketing plan, and they should be able to tell you what specific actions they will take in order to sell your property.
5. Choose someone who asks questions
A professional realtor will do proper research in order to close the best deal. This means that they will ask you a lot of questions in order to get a clear understanding of your situation and your expectations. Moreover, an agent who puts a lot of effort into getting to know you and your goals, is likely dedicated to provide quality. From this point of view, you shouldn’t overlook unexperienced agents, as they sometimes put in more elbow grease in order to make a name for themselves. As long as they have the skills and the knowledge to handle your situation, beginner agents can sometimes be just as efficient as experienced agents.
