Choosing the Right Realtor
Investing in a home is a big deal– one that can change your whole life. How do you make sure you’re getting what you need? Choosing the right realtor can make all the difference. If you’re going to invest in a home, you should consider investing in a realtor. Not sure where to start? Let us help you!
In 2018, there were over 1.3 million realtors in the United States (according to the National Association of Realtors). So while your options are pretty open, you don’t want to just pick the first person who pops up on a google search. Choosing the right realtor is important and takes time, research, and a little work on your part. But we promise you it will be worth it if you take the time to follow these steps:
1. Ask for Referrals
One of the best ways to find someone you trust is by reaching out to friends and family who have used someone they’ve had a good experience with. Most people are usually happy to share why they loved (or in some instances, didn’t love) a particular person or agency. Discuss the pros and cons of their suggestions, and learn from your friends’ experiences.
Conduct your own online research to find someone you may like. Although this way lacks any personal interaction, it can prove beneficial as many realtors have online reviews. Study the reviews and compare them to others to see who would be a good match for you.
Another way to research realtors is to drive through some of your desired neighborhoods and see who is listed on the “for sale” signs. If a particular name has several home that they’ve sold, chances are they’re pretty darn good at what they do.
3. Attend a Local Open house
If you want to see how a realtor is on the job, go check them out at one of their open houses. This is a great way to not only meet him/ her, but to see how personable they are with other people, and their marketing strategies. What do you like about them at the open house?
4. Interview Some Agents
People date to find those they want to marry. Companies meet with job-seekers to find candidates to fill positions. So why wouldn’t you interview a few real estate agents to see who the best fit for YOU would be? To find a good fit, you need to meet in person and see if they can capture your vision, your wants, your needs, and understand your non-negotiables.
5. Ask the Right Questions
You want an agent you trust, which is why you have to ask the right questions. Don’t be afraid of asking to see their realtor’s license, a list of their referrals, how many days their listings average on the market, how long they’ve been in the real estate business, etc. In addition, ask them about their fees, their marketing strategies, how many sellers they currently represent (you want someone who has time for you), and their list-to-price ratio.
6. Request a Quote
Hop online and any search engine you find to list your house will have an option for you to request a quote. This will have agents contacting YOU! Just a word of warning, though– your phone might ring off the hook, or your email might get a bit crowded. This is probably one of the easiest ways, however, to find someone who’s willing to give you all the information you’re looking for, without you doing much work.
A good real estate agent isn’t just someone who helps sell your home. A good real estate agent will become your business partner, counselor, friend, and mentor. Choose carefully someone you feel confident in so you don’t end up upside down. When you and your realtor are ready to proceed, use Northern Title’s Mortgage or Title Fee Calculator to estimate your monthly payments or calculate your purchase.