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Tips for Choosing a Realtor

Picking the right Realtor can make a huge difference in how quickly you buy or sell a house, how much you pay or receive, and how smooth the entire process will be. But a little homework is a must if you want the most favorable outcomes.

The following are tips to keep in mind as you look for a Realtor:

Don’t settle for anyone less than a pro.

Agent, broker and Realtor are terms that are usually used interchangeably. First and foremost, some agents or brokers are not Realtors. Realtors are real estate experts who are members of the National Association of Realtors, which follows very high ethical standards that are sometimes out of the coverage of state law.

Experience matters.

Whether you want to buy or sell a house, don’t be a mere dot in a Realtor’s learning curve. Among the first questions you should ask a prospective Realtor is how long they’ve had their license and how many years they’ve worked in the area.

Ask for recommendations.

Your friends, relatives and colleagues may be able to recommend some Realtors they’ve worked with. Ask for as much information as you can get regarding their experience with the Realtor and whether or not they are happy to recommend them to you. Your local yellow pages can be a good place to look, or scour the World Wide Web for some leads. If you’re selling your house, see if there are any sold signs within your neighborhood.

Stay local.

Buyers and sellers alike should go for a Realtor who is familiar with the location. Ask your prospects if they have sold or listed in the place recently. If you’re buying a property, pick a Realtor who can supply you with crucial information related to the community – for instance, taxes, nearby schools, and so forth. If you’re selling a property, your agent should keep prospective buyers in the know about such details.

Know and remain within your range.

It’s immaterial whether you’re buying or selling a house – you want a Realtor who will concentrate on your price range. So if you’re thinking of buying a house with a price of $250,000 to $300,000, consult your local paper’s real estate listings to find out which Realtors are in that particular range. If a Realtor usually works with pricier or less expensive homes, they may not have the right knowledge about available options that are within your own price range.

Look for personal chemistry.

As soon as you’ve narrowed your search down to a few Realtors, decide which one you like the most as a person. Whether you’re a buyer or a seller, you’ll be spending quite some time with this professional, so it’s important to choose someone you feel compatible with.

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