Thursday, April 20, 2006

Finding a Real Estate Agent is Just Like Getting Married

I went to a class yesterday called, "Role of the Realtor," and it was an eye opening experience. I never realized how much of an impact the agent can have, and you really are entering a "relationship" with this person. Really, it is almost like getting married isn't it? Well, in the best situations it is...you do, on many occassions, seem to form a lifelong bond...since your first house is often not the last. From what I learned, I realized that trust is the single most important aspect in finding a realtor. Interview at least 3 of them to get acquainted and see if they understand your needs. Personally here are the important factors in finding my realtor: - Agent must be comfortable with disclosing number of clients currently serving, and possibly what types. I don't want an agent with lots of different clients looking for the same type of properties as I am. - Agent must be willing to disclose financials of a transaction in full detail. I have no problem working with an agent to make them money, as long as I trust that they are also looking out for me. It's a two way street. If I have any sense that I'm being taken for, it just won't work. - One that accepts my personality and is willing to deal with it. I have a tendency to be very picky and fickle on decisions. Unless I feel very comfortable with a decision, I can go very far in the process and decide to back out. Agent must understand that. - Agent must have a few years of experience. Now, I don't want to automatically exclude new real estate agents, but I do want one that has a few years under his/her belt because it really does make a difference, especially in small communities because reputation and experience make for a much smoother transaction. - One that can be honest and have my best interests at hand. If there's a good real estate deal on the floor, would the agent buy it instead of giving me an opportunity? Look at past deals...and ask around. One that comes with a recommendation is much better than shopping the classifieds. - Do they mind 2 or 3 calls in a one hour period? Because sometimes I do that... - Agent must be full time. That's what I learned...Now if only I could really get married... :)

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