3 Things to Consider When Choosing a Real Estate Broker
It seems everyone knows someone who is a realtor, whether a friend or family member and most will choose someone they already have a personal connection with when it comes to choosing an agent to sell their home. But what if you don’t already know someone in the real estate industry?
That’s where the homework comes in for you. Selecting the ideal agent is essential to a successful real estate transaction, after all, around 89 percent of homeowners employ a real estate agent or broker when buying or selling a house.
Before you make a decision on the real estate broker you will hire, it is in your best interest to consider many aspects we will cover including availability, expertise, and likeability.
Find a Broker who is Flexible and Available
Though there are capable part-time agents who sell homes, you should work with someone who can show your house at different times or, if you're a buyer, who can take you out to see homes at a convenient time. Asking upfront what their availability is will save you time. Find out if they are willing to be flexible when holding showings, and with showing you properties.
It is also very important to work with a realtor who is dependable when it comes to answering their phone and returning calls and messages. After all, you won’t get much accomplished together if you can’t communicate well!
Find a Broker Who is a Local Expert
You need a realtor working for you who is familiar with and better yet, a native to the area. Real estate professionals who know the area are better aware of the most desired neighborhoods, local spots, and amenities, and know the current trends in the area and average market price.
Having a realtor with local knowledge also gives you the upper hand because they have the inside scoop on homes not yet on the market, and an ongoing relationship with other realtors in the area that they regularly network with.
Find a Broker You Actually Like and Trust
In the industry of real estate, personality and likeability are key factors. Yes, experience matters, but it shouldn’t be the sole determinant of who you choose to work for you. Of course, you don’t want a realtor working for you who has such a large number of other clients that they can’t give you the proper focus and attention that you need. You should never have to compete for your realtor’s time.
You want a realtor who you can get to know, who you can actually get along and mesh with, and who is trustworthy and honest. Whether you are selling or buying a home, having an agent who can stay on the same page and understands you intuitively will always work in your favor.
We’re Ready to Work for You!
At 316 Realty Group, we are a full-service real estate brokerage that is confident we can serve you best. Between our biblically-rooted principles, integrity, and work ethic, our real estate agents bring a high level of expertise and professionalism to the table, and we pride ourselves on building genuine relationships with our clients. We want your trust and we want to achieve your goals with you! Reach out to us today and allow us to exceed your expectations!
What Are The Benefits of Working With A Real Estate Broker?
There is no doubt that we have an endless supply of resources online about real estate. From TV shows to youtube videos and blogs, we have so much information at our fingertips that makes us feel empowered to buy a home or sell our home on our own. If someone attempts to conquer the process alone, they may soon realize that buying or selling a home can be an overwhelming and tedious process.
That is why it is so important and to your advantage to hire a real estate broker to guide you through buying or selling your home. Here we will touch on some of the benefits of working with a real estate broker.
Brokers Can Have a Strong Network
When working with a real estate broker to sell a home, a seller gets to benefit from the broker’s vast network of collaboration, such as other real estate brokers and their potential buyers. By having relationships with other brokers, they will have access to listings before they even hit the market.
Your broker will also have a list of recommended contractors, real estate attorneys, home inspectors, service providers, and more at their disposal. Buyers and sellers altogether have access to resources that they would not have been able to obtain if they handled the transaction themselves.
Methodical Marketing & Exposure
When selling your home, everyone knows that exposure is everything. Real estate brokers have the capability of maximizing the exposure for your home through resources like the MLS (multiple listing service) and like mentioned above, through their relationships with other brokers in the community, they have access to listings before they even hit the market, among other insider information that you otherwise wouldn't know about it on your own.
Brokers Have Specific Negotiation Skills
The average person lacks the methodical and precise skills to negotiate a real estate transaction. Real estate brokers embody the skills and strategies needed to negotiate on your behalf during a transaction and are also able to provide you with a completely objective and professional opinion along the way. To ensure you sell for the most profitable price, and buy for the fairest price, it is in your best interest to have a real estate broker negotiating for you!
Brokers Can Reduce Risks When Doing Paperwork
It is easy and likely you will make mistakes or fall short when completing legal documentation if you are buying or selling a home on your own. There can be a great deal of documentation, and it can cause a great deal of stress or worry for a person.
Having a real estate broker on your side to assist you and guide you through the process of completing all required legal documents is crucial. And if you're selling your home, failing to accurately complete a seller’s disclosure could lead to a lot of trouble that no one wants to face!
Key Takeaway
When it comes to buying a home or selling your home, it is an undeniable fact that a real estate broker is indispensable. At the end of the day, the broker is there to guide you every step of the way. No two transactions are alike, even if you have bought or sold before, there will always be bumps in the road or curveballs thrown your way that you aren’t better off handling alone. Between their relationships and networking, methodical marketing and exposure, negotiation skills, and guidance on completing legal documentation, a real estate broker at your side is a must. At 316 Realty Group, our brokerage of agents is ready and willing to champion your needs and interests!