Whether you're buying or selling a home, the thought of hiring a Real Estate Agent has crossed your mind. Below, you'll discover how to select the perfect Real Estate Agent for you! (If you're not convinced you need an agent, check out this article... http://www.newlouhomes.com/whyusearealtor.html)
Questions are the Key!
When going through the process of finding your perfect Real Estate Agent, it is important to interview several agents, asking them the same questions, to determine who will be the best fit for you. Here are the first questions to ask...
1. How will you search for my new home/market my home for sale?
An agent should be able to share his/her plan to help find you the home you want. Most agents are members of their local Multiple Listing Service (MLS) which lists all the homes that are being sold by agents. In addition, many agents can enroll you in a service that will notify you as soon as a home that fits your criteria is placed on the market.
To sell your current home, a good agent should advertise through several avenues. Besides the MLS (which should be the bare minimum), such advertising can include: ads in local newspapers and on local television channels, creating a custom website for your home, holding open houses, flyers, postcards, photography and listing your home on multiple websites and other sources.
2. How many transactions do you complete in a year and what's your rate of success?
You do not always want the busiest agent in town, as they are frequently great at getting listings but poor at actually prioritizing your listing. You also don't want an 'average' agent, who only does about 2-3 transactions a year, as they are simply not experienced enough to provide you with maximum benefit. You want to choose an agent that has measurable experience, first-hand knowledge of your community, and a proven successful track record.
3. What designations do you have?
Many agents continue their ongoing professional development. Like many professions, real estate agents can take continuing education courses to help them be more effective within a variety of specialties such as: high end homes, working with senior citizens, commercial properties, property appraisal, etc.
4. How often should I expect to hear from you?
You and your chosen agent should set up a communications plan from the start. If you are selling your home you may want to plan on speaking once a week, or plan one day per week that you will go out and look at properties if you're buying. Ongoing communication is important to both you and your agent and will help keep your home search or sale on track.
5. Are you familiar with the neighborhood I am interested in/selling in?
Even if the agent you are interviewing has completed a significant number of transactions last year, it doesn't necessarily help you if they were all located two towns away. Real estate is local, and depending on where you are, it can vary drastically by neighborhood or even by the block. Make sure the agent has a good grasp of the community you wish to purchase in and/or the neighborhood you are selling in.
Last, but no Least
Pay attention to your gut feeling. After interviewing several agents, you should have a general idea as to who the best one is for your needs. Notice the rapport, or lack there of, you had with each agent. Your Real Estate Agent should be someone you trust, someone who will do what is best for you, and someone who knows how to get things done (you're best friend, who is a Real Estate Agent, might not fit all of these criteria). Above all, your perfect Real Estate Agent needs to be just that, perfect for you! Find an agent who matches your needs!
Courtesy of Ellen G. Shaikun, Broker Associate, firstname.lastname@example.org
Berkshire Hathaway HomeServices, Parks and Weisberg, Realtors®
Reprinted with permission from RISMedia. ©2016. All rights reserved.
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A Cool Link to Share
WalkScore.com gives you a score for a property and tells you how convenient it is to walk to services
Fun Fact about Louisville Kentucky
The largest collection of Victorian homes in the United States and the 3rd largest historically preserved district in the United States is located in Old Louisville.