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Selecting
an Agent
The
criteria you use to select an agent is as individual as choosing
your doctor, lawyer, or even your friends. The level of professionalism
in the industry has increased dramatically since I've been in the
business but you still need to be picky. There are some basics to
judge unknown agents by. Here's some of the important ones:
Honesty
- maybe the most important; make sure it goes both ways
Experience
-
make sure that the agent has had enough transactions to know what
they are doing
Reputable
company -
unless you know the owner or agent personally stay away from 'Joe's
Real Estate & Bait Shop'
Ease
of communication -
if you just don't 'click' with the agent during initial meetings
its best to move on
Knowledge
of market -
don't expect an agent to know every street or house in the area
or all the local gossip, but they should know their way around and
in general what homes are like in your neighborhood
Use
of technology -
today's top agents use technology any way possible to help you find
the right home and get the transaction to closing
Strong
Marketing Program - this doesn't
mean the agent who spends the most money on advertising. It means:
finding out who handles the phone calls? Where will my home be exposed
to buyers? An Internet website that can be found? What about a toll-free
information number?
These
are just the basics and you may have your own ideas. Notice that
I don't put a lot of stock into "Top Producer", "Biggest",
"Top 1%", "#1 Agent to Sell on Jones Street",
etc. If those claims are true - and they can actually prove them
- they're real busy so when will they have time to deal with you?
Also, if
they have one or more assistants will you actually be working with
the agent or always relegated to those assistants?
Go with your instincts; you're probably right. Remember, from your
initial meeting with an agent until you move out of your home could
be a span of several months. You will get to know your agent (and
them know you!) quite thoroughly by the time you're done.
Find
the right agent for your needs, and as long as they are doing the
job for you stick with them. This develops a bond between you and
the agent which results in you getting the best service possible,
assures the agent will be compensated properly for their efforts,
and can create a long term professional, perhaps personal, relationship
beneficial to both of you. |