I recently found an interesting article on bankrate.com. I have edited down some of their recomendations for choosing a realtor and left some that I thought were good. More info can be found in our "How to Choose A Marin County Realtor" Section of our website. I love the response that we got from our last post! This is a great place to stay up to date on the market!
Ask friends for referrals. Friends can give you a starting point, but don't hire an agent solely on a friend's recommendation, says Brenner. Don't choose an agent based on personality alone, but make sure you can get along well.
Choose the broker or real estate agency first, and then ask the agency to recommend a couple of their best agents. Then stick with her. If you see a house for sale and call the agent listed on the sign, that agent's first concern will be representing the seller, not you, the buyer. "Sometimes the broker is associated with a franchise, such as Century 21," says author O'Hara. "If you select a franchised broker, you have the advantage of national name recognition and usually a strong national advertising campaign." But beware. "You aren't guaranteed a great agent just because you selected a well-known real estate franchise. You should select a firm based on that office's reputation -- not the reputation of the national firm."
Consider choosing an agent who is a Realtor. In addition to being licensed by the state to sell real estate, Realtors belong to the National Association of Realtors and must abide by a strict Code of Ethics. Brenner says, "The National Association of Realtors has a code of ethics that will knock your socks off, and they are very strict in dealing with people who don't abide by them." Also, only Realtors have access to Multiple Listing Services (MLS) through which members share listings and have access to many more properties than non-members.
Choose an agent that handles homes in your price range. Some agents specialize in high-end properties and won't give their best effort on properties under a set value. If they usually deal in fixer-uppers, they won't have the experience to navigate "Millionaire's Row".
Choose an agent who listens to your needs and takes the time to explain things you might not understand. Real estate transactions can be complicated and the terminology confusing. You need an agent who will both know the answers to your questions and takes the time to explain them. "It's extremely important to find an agent whose personality you like," explains Purcell, whose firm helps people find professional, trustworthy agents. "You want them to be bright, professional, trained, and someone who works in the business full-time, but personality is important. You're going to spend a lot of time with this person whether you are buying or selling. If you hate the agent and the agent hates you, you may be too far along in the process to correct it."
Choose an agent who can and will provide other services. Will they help arrange a house inspection, refer you to qualified lending professionals and real estate attorneys, and conduct a study of the property's value?
- Peter Narodny is a leading Marin County Realtor: www.marinrealestate.net
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