How Do I Find a Reputable Real Estate Agent?

Published Date : February 3, 2022 Article Housing tips Investment Tips Real Estate 101

With the rise of social media, Filipinos are more likely to conduct their real estate transactions independently. But when purchasing or selling a house, a skilled real estate agent can help you make wise decisions and prevent costly mistakes. A real estate agent can speak on your behalf during complex negotiations to avoid things getting too personal. Because of this, you may be more likely to receive the house you want.

But before discussing how to find a real estate agent, let’s first discuss what a real estate agent does.

Real estate agents aid in the purchase and sale of real estate. In addition to providing information about the current market conditions, real estate agents also act as a resource for their customers by connecting them with other service providers such as house inspectors and attorneys. They have different titles depending on who they represent in a real estate deal.

A buyer’s agent is a real estate agent who works on behalf of a home buyer. On the other hand, a listing agent handles all aspects of the seller’s side of the transaction, including pricing, marketing, and any contract negotiations.

A dual agency occurs when one real estate agent simultaneously represents both the buyer’s and the seller’s interests. When a buyer and a seller use the same real estate firm to find an agent, this is what happens. If you’re thinking about agreeing to this agreement, keep in mind that it has certain inherent risks.

So how do you find them? 

Start by asking your friends and relatives if they know an excellent real estate agent. If you’re looking to hire a real estate agent, check out their websites, social media profiles, and customer reviews. A few bad reviews aren’t a deal-breaker, but several of them might raise suspicions.

It’s also a good idea to speak with at least three different agents. You may be shy because conducting an interview may seem too formal, but this is a significant transaction. So you need to choose a reputable real estate agent that can help you.

You can ask questions such as:

Experience and past transactions. Are there any certifications or distinctions that the agent has received? Look for a real estate agent that has previously worked with people in your situation.

How much is the fee? The selling agent and the buyer’s agent split the real estate commission, which is typically paid by the seller. Five to six percent of the sale price is the standard real estate commission.

Negotiation may be an option if you’re selling a high-priced house, so keep this in mind. Even if the agent won’t budge on the commission, it’s worth asking.

Additionally, you can learn about the agent’s communication preferences and availability throughout the interview process. Choosing a real estate agent who is comfortable messaging and seeing properties after business hours is essential if you plan to do so.

Go with your gut.

An agent’s ability to smoothly assist you through the procedure is just as crucial as their knowledge and experience. In the end, choose an agent you can rely on, even if the path to closing is challenging.

This Is Critical! Look over your contract carefully.

All the terms you’ve agreed to, including the real estate commission, should be included in your contract. So, pay close attention to avoid unnecessary problems along with the transaction.

You want to have a solid sense of security when making any relationship-based decisions. The best way to locate a good real estate agent is to choose the one you like, one who answers your questions honestly, and one who has your best interests at heart.

Nowadays, you can browse real estate properties in the comfort of your home. So, if you are searching for a condo for sale, house for sale, or even lot for sale, trusted real estate websites is the place to go. So, you can guarantee that the Listings are from 100% Trusted Agents Only.

 

Tags: , , , , , , , ,