How to Choose the Best Realtor

Jun 18, 2024 | Finding a Home, First-Time Homebuyer, Getting Started

Scott Gentry

Written by Scott Gentry

June 18, 2024

Congratulations! You’re venturing into the exciting (and sometimes intimidating) world of homeownership. In a competitive market, finding the right realtor can feel like striking gold. But with a sea of polished profiles and promises, how do you separate the seasoned pros from the pretenders? Here’s a roadmap to navigate realtor interviews and identify potential red flags that might hide beneath that seemingly impressive Zillow profile.

1. Beware the “Fast Eddie”: They Prioritize Closing the Deal Over Understanding Your Needs

A good realtor is your trusted advisor, not a salesperson on commission. Watch out for those who prioritize a quick close over understanding your long-term goals and must-have features. Phrases like “This market won’t last!” or “We need to act fast before someone else snatches it up!” are red flags. A true professional will guide you through the process at a comfortable pace, ensuring you find the perfect home, not just any home that ticks a few boxes.

2. Don’t Get Duped by the Jack-of-All-Trades, Master of None: Expertise Matters

Real estate is hyper-local. A realtor who boasts listings across vast regions might lack the intimate knowledge of your specific neighborhood. Look for someone who can discuss local schools, market trends, and hidden gems beyond the MLS listings. They should be able to answer questions about commute times, flood zones, and upcoming developments that could significantly impact your home’s value.

3. Unmask the Under-Promiser and Over-Deliverer (It’s Actually a Bad Thing): Setting Realistic Expectations is Key

An overly optimistic realtor might promise to sell your existing home for an astronomical price or convince you a fixer-upper is a diamond in the rough. Be wary of those who downplay potential problems or suggest significantly deviating from market value. A trustworthy realtor will provide a data-driven comparative market analysis (CMA) to set realistic expectations and ensure you make informed decisions based on facts, not just wishful thinking.

4. Go Beyond the MLS Listing: Unveiling the Marketing Mysteries

Selling your home is all about strategic marketing in today’s digital world. Ask about the realtor’s marketing plan in detail – where will your home be showcased? How will they leverage social media and online platforms to reach the right buyers? A strong plan should go beyond just placing your listing on the MLS. Look for someone who utilizes professional photography, virtual tours, and targeted advertising to create a buzz around your property.

5. Don’t Get Ghosted by Your Realtor: Consistent Communication is Crucial

In a fast-paced market, clear and consistent communication is paramount. Ensure you choose a realtor who is readily available to answer your questions, address concerns, and keep you informed throughout the process. Beware of those who are slow to respond or seem elusive. A good realtor should be your constant source of support and guidance, not a ghost who disappears when you need them most.

Here are 10 questions you need to ask your realtor: https://loanlearningcenter.com/10-must-ask-questions-to-find-your-ideal-realtor/

Bonus Tip: Experience Wins Every Time, Especially in a Competitive Market

While a fresh face might bring enthusiasm, experience is invaluable in a competitive market. Ask about the realtor’s experience in your specific price range and property type. Have they successfully navigated bidding wars or negotiated complex deals on similar properties? Understanding their track record can provide valuable insight into their capabilities and give you peace of mind knowing you have a skilled negotiator in your corner.

Remember: Finding the right realtor is an investment in your future home and happiness. Don’t settle for the first smiling face you see. By asking the right questions and staying alert for red flags, you can find a trusted advisor who will navigate the complexities of the market and help you find your dream home. This goes beyond just ticking boxes – it’s about finding a home that aligns with your lifestyle and long-term goals.

Scott Gentry
Author: Scott Gentry

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