Working with a real estate agent is one of the most important parts of any home sale or purchase. Your realtor will educate you on the process of buying or selling a home. They will represent you in interactions with the seller’s agent, and they will help you handle counteroffers and negotiations. Choosing the right realtor to work with is a key step toward getting the best possible price on your dream home. Learn how to find a real estate agent by reading the thorough guide below.
Real estate agent vs. broker
Realtor vs. real estate agent
Buyer’s agent vs. listing agents
How to find the best real estate agent
What is their experience?
Typically you want to partner with an agent with several years of full-time real estate experience. These individuals will have developed key skills and areas of expertise over time. In many situations, they will know how to respond to various challenges and setbacks before they even occur. If you want to get a better idea of how active a particular agent is with their real estate practice, do some research to determine how many sales they have closed in the past year. Usually, a full-time agent is someone who has completed at least ten sales over the last twelve months. If you find that an agent hasn’t been involved in this many deals, perhaps they have encountered a slow season, or maybe real estate is only a side hustle for them.
Do they have assistants who will help me?
Only 15% of real estate agents have a personal assistant who works with them. These agents are often the top performers in their area or market. One advantage that sets them apart from the competition is the ability to quickly and consistently handle questions and queries from their clients thanks to the help of their assistant. However, it’s also understandable if you want to be working closely with your agent and only your agent. This is something worth inquiring about and then deciding for yourself which you prefer.
How much commission do they expect?
Most realtors will expect a commission of 5-6% of the total cost of the home after completing the deal. The exact amount varies based on the realtor’s experience and their personal preferences. Sometimes a realtor will take less if they are representing both the buyer and seller for the same property. It’s a good idea to ask your realtor about what type of commission they expect before the two of you officially begin working together. Keep in mind that, in most cases, both the buying and the listing agent will receive a commission once the deal is finalized.
Do they have positive reviews from past clients?
Reading online reviews is one way to learn about what sort of experiences past clients have had with a particular real estate agent. Many agents will post positive reviews and testimonials on their website. You shouldn’t expect to find any negative or neutral reviews here. If they exist, they will probably be on a third-party website or a search engine such as Google. Negative reviews aren’t necessarily a bad thing as long as they don’t outweigh the positive ones. Even the best realtors will have a negative review or two from their time in the industry. The only time when you need to be concerned is if you notice that a real estate agent has more negative reviews than positive testimonials. It’s also not a great sign if all of the negative reviews follow a similar pattern or reflect the same issue.
Things to look for in a buyer’s agent
Things to look for in a seller’s agent
Working with a qualified and trusted realtor is one of the most crucial steps during any real estate transaction. As you think about which realtor is best for you to work with, consider the Choose Wisely Group. Their trusted group of agents continually provides value for each client they work with. Reach out to their office when you’re looking for someone to help you buy or sell your home.