You may not want to do it all alone if you are looking to purchase or sell a property. If you have never sold or purchased property before, you might find yourself in a difficult situation without the guidance of someone who has done it numerous times. Real estate Gotha agents can make a living, but not all are the same. It is important to choose the right one. These are some of the most important things to look out for when looking for a real estate agent.
1. A deep understanding of the local market
You want to get fair prices when you sell a house. You also want to avoid paying too much when buying property. It’s important to find a professional real estate Gotha agent who is familiar with the market and can advise you on what price to list your property or how to pay it.
An agent who has experience in this area is essential if you are looking to purchase an investment property. If you are interested in becoming a landlord, your agent should be able to tell you the rents in the area. If you are looking to fix and flip a house, your agent will be able to give you an accurate idea of the price you should pay.
2. Refer to solid references
Asking for recommendations from friends and family who have sold or bought in the area is a great way to make sure you select a quality agent. Ask your neighbors and friends what their experiences were with their agents. You should ensure that any agent can provide a list of clients who have been satisfied.
3. The right designation
Different real estate agents specialize in different transactions. For example, a listing agent can help you sell your home while a buyer’s representative is better if you are looking to buy property. This is especially true if your goal is to purchase an income property for investment, and not sell your home. Real Estate Buyer’s Agent Council can grant Accredited Buyer’s Representatives (ABR) to agents. This is why you might want to search for it in a “buying-only” situation.
4. Reasonable fees
Although real estate agents can set their fees (which you will pay as a seller), most charge commissions in the range of 5% to 6.6%. Ask what you are getting in return for a higher rate if you see it. You can negotiate a lower rate if you wish. If you are looking to sell a house that is highly valued, real estate agents will often be open to fee reductions. You retain more of your home sale proceeds if you pay a lower commission.
5. A contract with favorable terms
You don’t only need to consider fees when choosing a realty agent. It’s also important to check out the terms of any contract you are signing. You should look for an agent who has a reasonable length contract. Depending on the speed at which homes move in your area, this could be 90 days or less. If your agent is unable to move your house, you will be unhappy.
A good real estate Gotha agent can make the difference between a smooth and chaotic home search, or a successful sale. You don’t want to regret your decision.
