Wednesday, April 9, 2014

Factors to Check When Choosing a Realtor in Northern Virginia

The real estate market today is flooded with many professionals, each claiming to be in apposition of delivering quality services. Understanding that the success of your property transaction depends on how a realtor handles it, it is important that you select the right one. The following are essential factors that you need to consider when looking for the right realtor in northern Virginia.

Perhaps the first thing you will do is looking for prospective service providers. Word of mouth referrals is the most common and reliable means of locating realtors in your locality. If you know of friends or colleagues who sold or bought a similar property, ask them to recommend the professional they used. However, if you are not able to find any credible referrals, searching in online directories will help you find realtors in your town.

Once you have narrowed down your search to handful realtors, consider scheduling individual interviews so you can evaluate their suitability for your needs. The credentials of the service provider should be the first thing to check. Check how qualified the individual is and if he is a member of a professional association. Membership to professional organization indicates that the agent is concerned with improving the quality of his services and observes ethics and codes of practice.

Experience in North Virginia property market is paramount. You need to be sure that you are dealing with a person or company who has sold properties that are similar to what you are thinking of in terms of price range and complexity. Experienced realtors will help you differentiate between good and bad options. If you are looking to buy a luxury home, consider settling on a service provide who is specialized in the same.

Realtors use different marketing strategies. As a client, it is your right to know how he plans to market your property and how effective this approach will be. If you are selling, you need a professional with a solid detailed marketing plan. Find out where he plans listing your home and at what frequency. Your best bet will be an individual who can also aggressively market the property in relevant online channels.

Irrespective of the approach used in locating prospective realtors, make sure you interview them. This will help you to determine if they are suitable for your needs or not. One of the first things you can check is if that individual is licensed and is affiliated to a recognized professional association. If he is, this should indicate that he has what it takes to provide the services in question.

A good service provider will come with a good reputation. Make a point of asking for references that you can follow up to know their experience with that agent. If it is established that majority of these clients were not satisfied, or if there are unresolved complaints, it will be wise to look for another agent.

Do not settle with the first realtor you find. Consider shopping around evaluating the suitability of prospective realtors and then come back to one who feels like the best fit. Factors that you will need to check include reputation in the industry, experience levels, cost of services and the marketing strategy to be used.

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