When it comes to buying or selling a home, it’s important to bring a seasoned professional into the mix to get the biggest profit or best deal. You wouldn’t try to fix a major leak without the help of a plumber and risk thousands of dollars, right? Although it’s possible to buy or sell a home on your own, bringing in a real estate agent will help ease the process and lift some of the burdens and stressors so you can focus on your everyday life.
If you’re not familiar with the buying and selling process, with the help of a real estate agent, you’re able to quickly learn the ins and outs to find the best deal that fits in your budget. The key is to establish a good working relationship with your real estate agent so they can best suit your needs and wants in your next home. Unfortunately, not every agent will be the perfect fit for you. Here’s everything you need to know about finding the right real estate agent for you:
1. Ask For Recommendations
Word of mouth is the name of the game. Reach out to your friends, family, neighbors, or co-workers to see if they’ve had any real estate agents they’ve loved in the past. Having a trusted recommendation will help ease your mind and establish a better relationship with the person tasked with finding your dream home. Also, check out reviews online and write down names from your local neighborhood. The more informed you are, the better.
2. Schedule A First Meeting
Just because you scheduled a meeting, doesn’t mean you have to commit to the first real estate agent you call. Head into the meeting with a list of questions to gauge the agent’s experience, knowledge of the area, and to see whether they’ll be a good fit for your needs in terms of communication and personality. You want to feel confident with your agent, so follow your gut.
3. Agree on commission and expenses
Real estate agents are paid on commission. This commission is typically between two and six percent of the agreed-upon sale price of the house. It is possible to negotiate commission but is a difficult ask depending on the firm they work for. If you’re selling a home and using a staging service and photographers, be prepared to cover the costs. If you’re buying a home, expect to pay for the inspection, appraisal, and title insurance. Always ask your agent what costs to expect throughout the process to avoid surprises at the end.
4. Be prepared for the unexpected
Although many hours are put into creating a seamless home buying and selling experience, it’s inevitable for things to not go according to plan sometimes. No one is a fan of shelling out money for unexpected expenses or small mistakes, so preparing for all scenarios – good and bad – the best you can with your real estate agent is imperative.
5. Spend time with your agent
As a home buyer or seller, you need to feel confident with your real estate agent. Following your first meeting, you’ll be spending a lot of time with them whether it’s via text message, phone call, or in person walking through houses; this person will become your right-hand. With this in mind, choose a real estate agent that you know you’ll feel confident with, and one that has your best interest at heart.
At The Degnan Group at Key Realty, it’s our mission to help find the best home for you and your family, and that means having the best agents working with you and for you. For the most professional and knowledgeable realtors in the area, contact The Degnan Group at Key Realty.