Should we select a listing agent with multiple professional designations?
Professional designations used by real estate agents should certainly be considered. However, the designations do not all carry the same amount of significance. Some designations require multiple courses and much experience while other designations may be obtained by taking a two day course. If you really want to place weight on the designations, you need to know what was required to obtain them.
Some experienced agents have dropped the use of designations because of the annual cost of keeping them. I am included in that group. On the other hand, I have a law degree and a degree in financing and have taken hundreds of professional courses. Home sellers and home buyers should take a close look at the education, experience, communication skills, professional appearance and the results that have been obtained by agents that are under consideration.
Ask about the number of their successful transactions during the past three years, and the locations of those transactions. Ask about their most recent production awards that are based on income earned. Look at the marketing materials and the internet information on their most recent listings. Pay close attention to the number and the quality of their photographs.
When the home is going to be listed as a short sale, a close look at the experience of the agent in short sale transactions is most important. Compare the short sale listings of the agent with the list of those that successfully reached settlement.
The best agent is probably a full time real estate professional with several years of local experience. The top producers are the agents that have produced the highest personal income and the largest number of transactions.
Crocus, Kentlands IMG_2749
Photograph by Roy Kelley using a Canon PowerShot G11 camera.
Roy and Dolores Kelley Photographs
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