Finding The Best Residential Real Estate Company

Finding The Best Residential Real Estate Company

Buying a home is not a small achievement, and it is one of the major and biggest financial decisions of your life. When you are ready to buy it is necessary to find an experienced real estate agent to properly guide you through the whole process.

There’s no shortage of real estate agents vying for the job via online ads, newspaper listings, and street signs. But with so many professionals to choose from, finding the right one can seem overwhelming. Follow these tips for finding a real estate agent to ensure you hire the right professional for your purchase.

Importance of right real estate agent

In today’s hyper-competitive real estate market, the right real estate agent really makes a difference. You want someone you trust and feel comfortable with, who can navigate the process with your best interests in mind. The more experienced a buyer’s agent is in a certain area, the more likely they are to guide you to the right property at the right price, and within your time frame and budget.

Steps to find a Real estate agent

  1. First, get pre-approved for a mortgage
  2. Get recommendations from friends and family
  3. Research potential candidates
  4. Meet and Interview minimum three real estate agents
  5. Ask for references and also check them
  6. Follow your instincts

 

  1. First, get pre-approved for a mortgage

Sometimes home buyers hire a real estate agent and dive into their home search before talking to a mortgage lender. But it’s a good idea to talk to a lender first to find out how much you can afford.

Pre-approving a mortgage tells you the maximum amount you can borrow and identifies issues that need to be addressed early in the process. In competitive markets like today, you’ll need a pre-approval letter for sellers to even consider your offer.

  1. Get recommendations from friends and family

Ask people in your network if they can recommend a real estate agent with whom they have had a good experience. Ideally, you want someone who has experience with clients like you. The needs of first-time buyers, for example, are different from those of repeat buyers or owners looking to downsize.

  1. Research potential candidates

Start by reviewing an agent’s online presence. Check the agent’s website and social media accounts. Also take a look at real estate agent’s online reviews. Don’t worry about a negative review or two, but more than that could be a red flag.

Be sure to check with your state’s real estate regulator to find out if an agent you are considering is licensed or has disciplinary action. Review the candidates you interview on your local Better Business Bureau website to see if they have received any complaints.

While you’re doing your homework to find the right agent, now’s also a good time to create a wish list and must-haves of what you’re looking for in a home.

  1. Meet and Interview minimum three real estate agents

A meet up and an interview is a best chance to get a sense of the agent’s style, experience and originality. Ultimately, you’re looking for someone who knows a particular area and understands your budget and needs.

Questions to ask include how long they have been realtors, how many clients they currently have, and how long they typically work with buyers to close on a home. It’s also a good idea to ask about the price range and typical neighborhoods of homes they typically help their buyers find, how they help buyers stay competitive in that market, and what their commission fees are.

Interviews also let you know the agent’s preferred method of communication and availability. For example, if you’re more comfortable texting and plan to visit your home after hours during the week, you’ll want an agent who’s more than happy to do the same.

  1. Ask for references and also check them

Ask the agents you are considering to provide information on homes they have listed and sold in the past year, along with contact information for at least a few recent clients. Call these clients to find out about their experiences and the kind of support the agent provides throughout the process, including during negotiations. Ask them if they would hire this agent again for their next real estate transaction.

  1. Follow your instincts

Just as important as an agent’s knowledge and experience is their ability to smoothly guide you through the process. Above all else, go with an agent you trust and will feel comfortable with if the road to closing gets a little bumpy.

“It’s like dating — sometimes it comes down to chemistry,” says Herman Chan, associate broker and real estate agent at Golden Gate Sotheby’s International Realty in Berkeley, Calif. “If everything is going smooth and well, but you just don’t vibe with that person, don’t go with them. There are plenty of other real estate agents who will be happy to help you and who might be a better match for your personality.

Great Dubai is a registered real estate firm with offices in Business Bay, Dubai, United Arab Emirates. It provides consulting services to both individuals and companies as well as sales and leasing for residential, commercial, and industrial real estate. We take care of your property as if it were our own, and we look for answers that others don’t. Our management specialists routinely boost profits, lower risks, and raise the value of the assets we manage by utilizing platforms and methods that are at the forefront of their sector.

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