Tuesday, July 25, 2017

Signs Of A Professional Real Estate Adirondack Agent

By Ruth Thompson

Whether purchasing or vending a home, it is one of the largest financial events that happens only a few times in your life. That makes choosing a realtor just as important and a crucial decision that can add to the stressful event or make it smoother and easier. So, choose your Real Estate Adirondack agent as carefully as you would choose your doctor or attorney.

Seller Beware: The Choice Is Yours! Before hiring a Realtor to represent you as the seller, do some comparison shopping. According to the National Association of Realtors 2007 Profile of Home Buyers and Sellers; 64% of sellers contacted ONLY ONE real estate agent to help sell their home. That means 64% of home sellers did not receive a second opinion on the fair market value of their home before placing it on the market, nor did they compare the level of services of any other real estate agents available to them.

If you did not get several truly exemplary recommendations, then drive throughout your neighborhood and check the "for sale" signs, especially those with Sold stuck across them. Note the realtor names. Also, check out real estate, display and classified advertising in your newspaper and local neighborhood paper. Which Realtors have the most listings? Which have the largest or most display ads with photos of the homes?

Where else will the realtor list your house? While having your home listed in Sarasota and Manatee County MLS is by far the most important, you should also ask your realtor where else your house will be listed. These days many people search for a home on the Internet without a realtor.

If you only used the recommendations of others, now check the advertising in the newspaper and neighborhood media for the realtors in which you are interested. Do the drive through of your neighborhood to see how many sold signs these realtors have. Make notes of how visible these realtors are and their marketing efforts.

The Realtor you consider hiring should commit to keeping up to date on all current inventory in your market and provide updated market analysis at least every 30 days while your property is for sale. It is imperative that you are informed about trends and changes in your market as they are happening so that your pricing strategy is in line with market trends.

For Buyers- What services do they provide from the time you contract with them through the closing? How many years have they been a full-time agent? In your area? You want someone with experience, who will give his/her full attention to finding you a home. Are they single-proprietorship Realtors, work as a team, or part of a company? What prominent company are they associated with, and what resources does the firm provide the realtor that helps him/her do a better job for you?

The Realtor you consider hiring should very clearly explain to you what "dual agency" is and their position. Do they represent both buyers and sellers in the same transaction? Do you want your Realtor to also represent the buyer of your home? What are the advantages and disadvantages of this type of relationship?

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