Choosing the right realtor can make your home-buying or home-selling process much less stressful. Here’s how to find the right real estate professional for your needs.
Buying or selling a home is a big decision, one of the most financially impactful you’ll ever make. A little expert guidance would be very helpful – but how can you find an expert you can trust? One who’s both knowledgeable and ready to look out for your best interests? It’s all down to choosing the right realtor.
That may seem easier said than done. In most places, you can choose between several or even dozens of real estate professionals. How can you find one that works for you? That’s what we’ll answer in this article.
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First, let’s clear up some confusion around who’s who in the real estate industry. According to Realtor.com:
It’s also good to know that there are usually two real estate agents involved in each transaction: a listing agent (who lists the house on behalf of the seller and represents them) and a buyer’s agent (who represents the buyer). While some states allow dual agency (one real estate agent representing both parties), it’s usually a good idea to have one person absolutely dedicated to your interests.
Regardless of whether you’re buying or selling, it’s important to find the right realtor for your unique situation. How exactly should you do that?
First, do your own investigation. Learn about the real estate market where you want to live. FInd out about current home sizes and prices. If you haven’t already, talk with a loan officer about your mortgage options and get a preapproval when you’re sure you’re ready to buy.
Next, research multiple realtors. You can start with referrals from friends or family or look online. Find out which ones have good reputations for communication, honesty, efficiency, and reliability. This person is going to act as your agent, so make sure they’re the kind of person you feel comfortable doing business with.
Create a list of at least three realtors and interview them. During the interview, try to determine their:
Finally, don’t forget to read any agreements or contracts between you and your realtor carefully. Make sure you understand everything and don’t hesitate to ask questions. A good realtor will be happy to explain things; a bad one will rush you into signing.
Whether you’re buying your first home or refinancing your current home, we’re here to help you find the best deal possible. Locate a Mortgage 1 officer near you to find out what your options are!