In the search for a new home, a good real estate agent can be an invaluable resource, but with 2 million active real estate licensees estimated to be in the United States by The Association of Real Estate License Law Officials, how do you know with whom you want to work? Finding a good real estate agent is actually much easier than it sounds. Once you know what questions to ask real estate agents, hiring an agent who will work with you will be a piece of cake.
One of the first things you want to ask potential real estate agents is how long they have been working in real estate, and what their hours are like. Real estate agents who have only been in the industry for a few years are probably still learning the ropes, and may not be able to get you the best deal on a new house. Another thing to consider is whether they work full time or part time. An agent who only works part time may miss out on new listings or changes in price. They may also be unavailable to take calls or show properties at a time that is convenient for you. Choosing a real estate agent who is willing and able to communicate freely is important, so ask the best way to reach them. The agent should have a few options such as phone, email, or Skype. They may also have assistants working with them who will be able to answer questions if they are unavailable.
Once you have a good idea of the real estate agent’s schedule, you will want to ask them what their experience is with the type of house you are looking for. Ask for references from clients who had similar housing needs to yours, and find out if the agent specializes in a certain area or not. Real estate agents who concentrate their services to certain neighborhoods will be able to tell when a house is overpriced for the area, what has been on the market frequently or for an unusually long time, and be in touch with sellers whose home is not yet on the market.
Choosing a real estate agent who has earned awards may sound like an easy way to find the agent that is right for you, but you will also want to look into their licensing. Check with the regulatory board in your area to be sure your agent is licensed, and also to look for disciplinary issues or complaints that might come up.
Whether you are investing in rental property or buying your first home, knowing how to pick a good real estate agent is one of the most important things in your real estate journey. Choosing a real estate agent who regularly works with people in your situation and is in tune with the market will help you find the right house for your needs. Get more here.