Buying a home is often a difficult thing to do. The stress of making such a big financial commitment is a struggle for many home buyers, whether they have purchased a home in the past or are doing so for the first time.
One way to make the process a lot less anxiety-ridden is to work with a real estate agent you can trust. Those who have previously purchased a home might already have a strong relationship with a real estate agent. But for those moving out of their current location or buying for the first time, finding the right real estate agent requires some effort. Those in the market for an agent to help navigate the home buying process should consider the following tips.
* Find a buyer's agent. Real estate agents are often affiliated with sellers instead of buyer's. This means their primary goal is to help the seller and not the buyer. When shopping around for a real estate agent, ask companies about their buyer's agents. Buyers should always have someone with their interests in mind, and not the interests of the sellers.
* Find an agent first, then a property. Many times homes remain listed online or in "home for sale" brochures even if they are under contract or sold. These homes are often luxurious and appealing to a wide array of prospective buyers, and some agencies use them to attract customers. While this isn't a typical bait and switch, it is a way real estate agencies get customers in the door. It is important to find a real estate agent before looking through home listings. This allows the buyer to choose their agent based on merit and not due to the potentially glitzy houses he or she may have listed previously.
* Find someone with a track record. Real estate can be an exciting and financially rewarding industry in which to work. As a result, lots of people want to be real estate agents, even though few succeed and last a long time. When interviewing real estate agents, inquire about their history in the business. A more experienced agent will make things far less stressful and easier, and a long career indicates they are good at what they do.
A real estate agent with a long history in the business will likely be a full-time agent as well. Prospective buyers should look for a full-time agent, which is not as common as some buyers might think. Many agents work part-time, and buyers could receive less attention as a result.
* Don't place too much emphasis on agency size. Real estate agencies come in all shapes and sizes. When it comes to ability, the size of the agency should not factor in. A smaller independent agency can be just as qualified and reliable as one of the major franchise agencies. Buyers who find someone they trust should go with that person, regardless of how big or small their agency is.
* Get a referral. Friends and family members who have been through the buying process before might be great resources. Buyers looking in "Town X" who have friends or family already living there should consult those friends or family and ask for any agent referrals. Those relocating because of work should ask their company to refer an agent. Chances are companies have relocated employees in the past and might have a strong relationship with an agency in town. EL106496