A Few Things to Consider Before Choosing a Realtor

May 6th, 2009 | by admin |

If you are curious about buying or selling your home, it can benefit you to have an experienced Realtor on your side. Be it through negotiation or advice (or much, much more), real estate transactions can be complicated.

When evaluating a potential real estate agent, ask about their knowledge of real estate owned and bank owned properties, in addition to normal selling methods. Preparing a successful offer can require some time, local experience and local knowledge – study potential agents with these qualities in mind. Putting together a “meet and greet” with potential Realtors is a good idea, and definitely weigh referrals highly. Real estate agents are gurus with people and paperwork – let them show their skills and then choose the person that will help you achieve your property needs best with confidence. Find out about your potential new agent’s understanding of the various real estate options on the market and how they relate to you.

It may be prudent to ask about, for example, short sales, a hot topic right now. Perhaps the most prominent issue with short sales is the difficulty of forecasting an exact date that the transaction will officially close. With all the deals available, a short sale home may not be the best choice. Ask your real estate agent about their negotiation experience and for some examples of where they have helped clients in a similar position to you. Always check out your comparable alternatives and ask your agent about any properties that aren’t in the MLS. It all depends on your individual real estate preferences and investment needs.  A strong agent will have ample market research on the area, comparable home values, and reselling potential.

Congress has created a much better government tax credit of $8,000 for qualified new, first time home buyers. If you are even the slightest bit curious about home values in your local area, please don’t hesitate to ask an agent, they’re there to help.

A professional real estate agent can really make a difference in finding, negotiating, and achieving the goals of a client in the current market. Right now in Reno, there are more homes on the market than we’ve seen since 1999. In the event that you are interested in Northern Nevada real estate, check out this Reno realtor and ask her about Homes in Sparks. With this crisis potentially improving soon, it’s a good time to buy.

Technorati Tags: , ,

Post a Comment