Buying a new house or selling your existing home can become a daunting task. Especially if you decide to go through the whole process by yourself. A real estate broker can enhance the whole procedure and make things easy for you with the help of their experience and knowledge of the market.
Nowadays, you can find a lot of real estate brokers in the market. Some have chosen it as a profession while others are doing it part time. However, there are very few successful real estate brokers in the market. Most of them are hardly doing one transaction in a whole year.
There is a reason that some real estate agents are successful than others. They have some quality traits which differs them from others. Whether you are selling your house or buying a home, you should always look for the following qualities when it comes to choosing a real estate broker.
A good real estate broker should have extensive knowledge of the local market. Your broker should be intimately familiar with the home selling process, provincial and local real estate laws, and every aspect of the real estate transaction.
You should not hesitate when it comes to asking questions from your real estate broker. Moreover, check out multiple real estate agents before making a decision. It is your home and your money that are ultimately committed. Conduct searches online and make sure you find a qualified real estate broker to help you with this process.
You do not want your house to sit on the market for longer than it should. A reliable real estate broker should complete the whole process in a fast and efficient manner. There is nothing more frustrating than listening to promises from your real estate broker that they will do something with no follow through. You should look for someone you can rely on. You need to be able to trust them to meet their obligations in a timely manner.
A reliable real estate broker will make it their top priority to understand your needs above anything. They will ask thoughtful questions about your specific needs, understand your concerns and desires, and provide valuable guidance.
Anything less would make them less likely to be someone you want to buy or sell your house with. A good realtor should be available to you during working hours. If you follow up on something, they should be responsive.
It is important that the real estate agent is comfortable using technology. That includes everything from your favorite means of communication (email, phone etc.) to the ability to market your property online with photos and professional descriptions. If the agent is lacking in this department, it can poorly affect your buying or selling experience.
Due to the impact of Covid 19 on the real estate market and overall restrictions because of the deadly virus, technology is playing a major in the real estate transactions. A real estate broker with good technological expertise is going to be quite helpful to seal the deal.
The best agents are natural negotiators, able to seal a deal with sharp skills. When it comes to choosing a real estate agent you should look for excellent negotiators. They can help you save your money and close the deal faster. To get quick insights of their negotiation skills, ask a potential agent to describe their most difficult negotiation and what the outcome was or provide a difficult scenario and find out how that agent would handle it.
Negotiations are not always just about saving the money. There are so many other aspects of a real estate transaction. It is always good to have someone on your side with outstanding negotiation skills.
You should look for an agent who represents your best interests as a client and who is a trustworthy professional. You can tell a lot about a real estate agent by reading testimonials from past clients. It is the best way to develop a sense of who they are.
You real estate broker should be honest and brave enough to tell you the truth about the property you are trying to sell. You may want to sell your home for $600,000, but if the agent knows it will only sell for $500,000, you want them to be upfront with this information. It will save you from any future disappointment; it will also help you save you a lot of time.
When it comes to selling or buying a house, you should always make sure that your real estate broker has the mentioned traits above. It will help you to close the deal more efficiently. If your broker has good knowledge of the area, they are more likely to find what you are looking for. If they are meeting their deadlines and communicating effectively, you will feel more relaxed over the course of your transaction.
Moreover, a tech-savvy broker is really helpful in this data driven age. Due to Covid-19 countries are under lockdown; but a broker with effective technological skills can still help you seal the deal without stepping foot out of their house. A broker with good negotiation skills can help you save a lot of money. Make sure your broker is someone who has your best interest at heart.
Assistant Manager, Real EstateTreadstone Associates