How to Choose a Real Estate Broker
Buying or selling a home is very thrilling experience because huge amount of money is involved in the real estate transaction. Up to 80 Per cent of property deals are done through agents. Since, they are the people who know the pros and cons of the real estate market, so their roles become essential.
Although, large numbers of real estate agents are available but choosing one out of them needs proper knowledge and research. Here we will give some tips to choose a professional broker to make your real estate transaction smoother and convenient.
Interview
Interview at least 3-4 agents to select one of them who can ease your home selling or buying process. Prepare a set of question to ask agents and compare the answers given by each of them. What you have to check? You have to check the temperament, negotiation skills, knowledge of locality, number of transaction per month etc.
Referral
It would be great if you get a reference from your neighbors, friends, relatives, and colleagues’ etc. people who have already worked with any estate agent really know the kind of experience, behavior, negotiation skill that he or she possesses.
Check online
Technology has made our job easier than ever before. A whole lot of people are writing reviews online on Google and other real estate portals. See the ratings given by user and select real estate agent who is comparatively the best. People often write their experiences so invest some time on these platforms to read these reviews.
Commission
The real estate broker works for a commission. Although, it’s always fixed for a circle but you are wise to discuss and negotiate with the broker. Please discuss how the commission will be justified. What and all are the services an agent will provide.
Experience
Experience matters the most. An estate agent must have 5+ years of experience and have worked on multiple projects handling many customers. He should be well versed with local market knowledge. Always check agent’s knowledge by asking some basic questions related to purchase and sale of the property. He should be associated and selling properties of some top brands in the market. Someone, who has enough amount of social networking to help you to a great extent. We hire an agent to negotiate with builder and get us a good price so please that agent has negotiation skills.
Honest
Since a huge amount of money is involved in real estate transaction please make sure that you hire an honest and reliable agent. Use your gut feeling to check whether the person you are talking to is appearing to be honest or not?
