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Finding The Right Real Estate Agent

Buying and selling real estate can be a compares age, size, and cost-identifiable
tedious and stressful time. At some point features in your home against other real
during your search to buy or sell real estate properties, which have been sold
estate, you will need the services of a in the area.
real estate agent. Selecting an agent can Good real estate agents use their
be confusing. experience and expertise to fine-tune the
There is a way to determine who is most price by taking into consideration all of
likely to succeed in helping you get your these variables.
most favourable price and terms when Most uninformed home buyers go about the
selling, or finding the perfect house process backwards. That is to say that
when buying. they spend several weeks, months and
QUESTIONS TO ASK A REAL ESTATE AGENT sometimes years, looking at real estate
Do you work full-time or part-time as a ads, driving neighbourhoods and attending
real estate agent? open houses looking for the perfect homes
How do you market your properties? for sale.
Do you have a full-time assistant to see Once they've found the house of their
that no details are overlooked? dreams, they place an offer to purchase
How do buyers contact you? it subject to obtaining finance. Then
Are you marketing real estate for sale on they shop around for a loan. More often
the Internet? than not, it is above their means and
If I choose to auction off my property, they lose the house because they can't
are you experienced in such transactions? afford it.
In what ways will you encourage other Condition
real estate agents to sell my home? New homes enjoy a marketing edge over
Do you have a system to follow-up with resale homes because they are shiny and
other agents so that we get valuable clean. Builders enhance their appeal by
feedback after every showing? offering model homes for sale, clean,
How many properties have you sold within bright, and decorated in popular colours
the past 30 days? 90 days? 6 months? and amenities for prospective buyers to
Do you have a list of references whom I examine on display.
may check? Finance and Basics
Are you available in the Internet so that These days, buyers of Australian real
my real estate property is exposed to estates are wising up on the correct way
millions of buyers instantly? of purchasing homes.
What is my property worth? The 'savvy' buyer of today shops for
What price do you recommend? finance first and only when they know
How did you arrive at that price? exactly how much they can afford will
Can you assist me in purchasing other they inspect a real estate property for
homes for sale? sale that are only within their
Do you have a written marketing plan affordable price range.
designed to sell my real estate property There are two methods of doing this. The
quickly and for top dollar? standard way is to call or meet with a
Do you guarantee my satisfaction by loan agent, whether it's the bank or
allowing me to exit the selling agreement building society. Tell them your
at any time if I am not happy? financial and credit history, have the
If the agent you are interviewing does agent do a check on your credit rating ,
not answer the above questions to your after which the loan agent discusses with
satisfaction, find another agent who you the amount you qualify for.
does. Hundreds of reputable real estate Sometimes though the borrowers 'forget'
agents are out there, with brilliant to reveal late credit card payments,
track records and willing hearts. Get their new boat payment or car payment or
your contacts through word of mouth, or they may even resort to inflating their
if you want to be a little techie about income figures beyond reality.
it, consult real estate classifieds. The preferred method is to complete an
Location application, provide income, taxation and
You have no control over the location of employment records. The loan agent runs a
your present home, and your home's credit check, and then submits the file
location and setting influences its value to a lender for countersigning and
to some degree. has rental properties if approval. Then they will provide a
you are between houses with numerous commitment for a loan to you.
listings in many areas. This is also a powerful negotiating tool
For instance, a home inside a quiet court when presenting an offer to purchase.
or a new subdivision may sell for more Real estate sellers prefer to accept an
than the identical home on a busy street offer from a buyer who already has a loan
or close to a freeway or railway line. commitment than from those without.
Remote country areas typically sell for So to wrap up, here's the correct order
less than inner suburban and when you set out getting a new real
well-established homes. Even streets in estate property: Get a loan commitment
the same area may have different values first, and then find your dream house.
too. Views, rivers, and trees, schools, It' up to you if you're going to sell
churches, and shopping centres all come your house through a real estate agent or
into play when homes' prices are by yourself. Lots of free online
determined. classifieds are out there where you can
Home Prices list your home for free. The advantages
Your home must be priced within the of selling your house on your own is that
appropriate range. You must actually you have full control of all aspects and
'sell' your property twice: first to the details, and you get to keep the profit
purchaser and also to the property all to yourself because you don't have to
appraiser. The buyer is more subjective for commission.
and compares the amenities of your home But if you don't want to spend the time
to those of the home they live in at and effort in putting up your homes for
present and other homes in the same price sale, then a real estate agent will
range. gladly do the job for you!
The appraiser is more objective and




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