How to find the best real estate agent for you
If you are looking to buy or sell a home, you have options. First of all, you can go about it solo. But if that sounds like too much work, a real estate agent could make your life easier. Here, whether you’re a seller, a buyer, or both, we’ll show you how to find the right real estate agent for your needs.
What is a real estate agent?
A real estate agent is a licensed professional who represents buyers or sellers in real estate transactions. Real estate agents can be divided into two categories:
- A seller’s agent or listing agent helps market and sell a home
- A buyer’s agent helps buyers find a home to buy
It is possible that the same person acts as both the agent for the seller and the buyer. Also, if you are selling a house and need to buy a new one, you can use the same agent for both transactions.
Real estate agent vs real estate agent
A real estate agent is someone who has a license to help buyers buy a house or sell a house. A real estate agent is a specific type of real estate agent who is a member of the National Association of Real Estate Agents®. You may hear the terms “real estate agent” and “real estate agent” used interchangeably, but they shouldn’t be.
How to find a good real estate agent
Finding the right real estate agent could make the process of selling or buying a home easier. Plus, the right agent can negotiate on your behalf so that you pay less for a home you buy or order a higher asking price for a home you sell.
Here’s how to find the right agent:
- Ask your friends and neighbors for recommendations
- Find local agents online
- Evaluate the real estate experience of each agent
- Find an agent who knows your local market
- Inquire About Fees
Ask your friends and neighbors for recommendations
The best place to start in finding a real estate agent is to get referrals from satisfied clients. Reach out to your network and ask people about their experiences, because that really is one of the best ways to find out if a certain professional is a good agent or not. Specifically, you’ll want to verify an agent’s credentials, find out their skills, and how quickly they’ll respond to you when you have questions.
Find local agents online
If you can’t get a referral for an agent, your best bet is to look online. A simple Google search can find a real estate professional in your area. And from there, it’s all about polling them to see which is the best fit for you. Also, asking real estate agents to put you in touch with former clients who can vouch for them is fine.
Evaluate the real estate experience of each agent
While there is nothing wrong with taking a chance on a new agent, the reality is that working with an experienced agent has its perks. Be sure to check out the experience of every potential agent you speak to. Find out how many homes this agent has helped buy or close. Also ask how many homes this agent sells or helps buy per year.
Find an agent who knows your local market
An agent with extensive experience may not be of much help if that person is unfamiliar with your local market. Try to find a local agent who knows your area and has experience selling or helping find accommodation there. This knowledge will help your agent find a good list price for a home you are selling or help you determine whether a home you are looking to buy is competitively priced or not.
Inquire About Fees
The buying agent will usually not charge you a fee, but if you are selling a house, you should expect to pay your agent a commission. The going rate is typically 4% to 6% of your home’s selling price, although your agent may be willing to negotiate. Make sure you find out about the fees before committing to one real estate agent rather than another. If two agents have similar backgrounds and come highly recommended, but one charges 5% commission and the other 6%, you can also go with the agent who will charge less.
Finding the best real estate agent for you
Choosing the right real estate agent could be the difference between a stressful home search and an easy one. Likewise, the right real estate agent could earn you a higher selling price on your home and help you find a buyer quickly so your home doesn’t sit on the market for weeks.
Of course, if you are looking to buy a home, finding the right real estate agent is only part of the process. You will also need to find the right mortgage lender.
To that end, a good bet is to check out our list of the best mortgage lenders. And if you’re new to the process, definitely check out these mortgage lenders for first-time home buyers.
Choosing a mortgage lender is not an overnight process, so it pays to look for one while you are consulting realtors or even ahead of time. And make sure you’re shopping for mortgages rather than going to the first mortgage lender to get back to you with an offer. This way you can compare rates and closing costs to see what the best deal looks like.
You might even want to do your rate research while you get a mortgage pre-approval, which is a smart thing to do as a buyer. Getting pre-approved will give you a home buying budget to work with and make it easier for your real estate agent to guide you in the right direction based on the loan amount you know you are able to afford. borrow.