Searching for a new home can be an overwhelming challenge. Many people don’t know where to look for available properties, have difficulties arranging showings and struggle with the paperwork and jargon. This is why selecting the best realtor for you is an important step in finding your new home.
Consider first, realtors and real estate agents / brokers are not the same designation. Both are licensed and capable of guiding you through the home buying and selling process; but a realtor is a member of the National Association of Realtors (NAR). Realtors pay membership dues, and they have access to MLS and a plethora of market data and information. They are also held to strict codes of conduct and ethics outlined by NAR.
What are some points of consideration you should take when selecting a realtor or agent?
1. Ensure your realtor or agent’s license is in good standing with the state.
2. Ask about your realtor or agent’s geographic specialties – in which parts of the city or state do they typically operate?
3. Be sure that your realtor or agent has access to and is familiar with MLS (Multiple Listing Service) or other real estate availability search services.
4. Full–time agent or part–time? You know how much time you’ll be dedicating to house hunting, so be sure your realtor or agent has equal availability.
5. Get a feel for the average homebuyer your agent or realtor typically works with, and come to an agreement about the best times for showings, calls, etc.
Your relationship with your real estate agent has the potential to be short or long – term. Feel confident that you both are compatible business partners and that each of you is committed to working together toward a common goal.