Study: My Understanding of Agents

How to Pick the Right Real Estate Agent

When you want to buy or sell property, you should look for an experienced real estate agent to help you with the work. However, there are many real estate agents and it can be difficult to determine which one to hire.

You will come across many advertisements of real estate agents or firms serving clients in your area. Some of the common ways that real estate agents use to advertise themselves include using direct-mail post cards, on the internet, on real estate magazines or simply by using yard signs. You can be easily overwhelmed with the real estate agents in the market when it comes to picking the right one. However, if you do some research, you can easily find an agent's record and determine whether he/she will be right for you.

When looking to buy or sell property, find out the following before hiring an agent:
What You Should Know About Agents This Year

Check the recent clients
Find out from the agents how active they have been in the market. Ideally, you want an agent that has been actively involved in helping clients buy or sell property over the last one year. The real estate market is always changing and hence you want an agency that knows what is going on and can advise you on the things to do or watch out for to ensure you end up with a successful buy or sale.
Getting To The Point - Agencies

Ask the agents to provide you with a list of clients they have worked with in the past. The clients could be those that they have sold or listed property for over the last one year. You should reach out to these clients later on to find out about their experience with the agent. You should also find out from the agent which clients may not want to be contacted and those that may be pleased to be contacted for inquiries about the agent.

When you get in touch with the clients that the agent referred you to, find out about the asking and sale price of the properties they were dealing with. If your main reason for looking for a real estate agent is to sell property, find out whether the ones the potential agent has sold in the past were comparable to yours in terms of features, location and size. Look for an agent that has specialized in the type of property you wish to sell.

Finally, it is important to know the average time that properties stay in the market before the agent can sell them.

Check Licensing
Real estate agents are licensed and disciplined by the state licensing body. Find out whether the state licensing authority recognizes the real estate agent you wish to hire. Apart from this, find out whether any complaints or disciplinary actions have been leveled against the agent. You can find this information online.

When looking for a real estate agent, consider the two things above.