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How to Choose a Realtor
Andrea Casey
sayville.com - May 12, 2008

      
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You have probably heard the expression many times that “Home is where the Heart is”. For most it is the place where relationships grow, families are started, and dreams are fulfilled. In addition, for most people it is one of the largest financial ventures one may encounter. Whether you are looking to purchase or sell a home, it will be a major event in your life.

Choosing the right Realtor to assist you is imperative so start at the beginning and select your Real Estate Agent first. There are many Realtors to choose from but keep in mind that this person will be assisting you with major life changing decisions. Many clients find their realtor via personal recommendations, or after calling and inquiring about a home they saw on a website or print ad. Do not be afraid to have a “Realtor interview” ready and be prepared to ask the questions that matter most to you. You will then have the opportunity to select the right person to navigate the real estate market for you with your own specific needs and desires.

Some very important questions to ask in the interviewing process should include the following. Does the Realtor participate in the local Multiple Listing Service? Does the office affiliated with the realtor maintain a competitive edge in the current market? Is the agent full time, or part time, and will the agent be readily accessible to work with you. How many properties have they listed or sold in the current market. Is the Realtor knowledgeable about the area you are interested in buying or selling in. Does the Realtor have access to local knowledge regarding school districts, neighborhood demographics, and community amenities. (i.e. transportation routes, local shopping, public beaches, pools, golf courses, etc). Is the Realtor a member in good standing with the local board or association of REALTORS? Who will the Realtor be representing in the transaction, the buyer or the seller. Is the Realtor an active member of the community and is the Realtor involved with local service, sports, or community groups? Sphere of influence is an important factor and will broaden your network.

If you are a “buyer” you will want to make sure the Realtor will be able to walk you thru the entire sales process. Will the Realtor maintain contact with you on an as needed basis when new listings become available? Your Realtor is working for you and consistency is extremely important. Do they have expertise to recommend attorneys, engineers, and mortgage brokers? Can they set you up with a “timeline” of what to expect as you proceed with a purchase. Will they select homes for you based specifically on your personal desires or wishes within your personal budget? The Realtor should also be able to provide you with a general overview of closing costs.

If you are looking for a Realtor to sell your home or do a comparative market analysis of what your home is worth, they also should be prepared to sign on as your personal assistant. The Realtor can assist you in getting your home ready to sell and make suggestions that will improve your possibilities of getting the highest price for your home. An aggressive marketing strategy is imperative in today’s market place. Make sure the Realtor and the affiliated company’s advertising plan fits your needs. Be sure to inquire where and when will your home be advertised and if the ads will be internet driven, print ads or television marketed. Ask what the commission rate will be and what it includes as well as what the split will be between the “listing” agency and the “selling” agency. Lastly and extremely important, make sure the dollar amount which is suggested to sell your home is based on actual facts and not an inflated price to “impress” the seller. Do not be afraid to ask questions or make additional requests. Your Realtor will appreciate an active participant.

Following these steps and asking these hard questions will make you feel confident in your choice of agent selection. Do not forget that the Realtor works for you! It is so important to trust in your relationship with your Real Estate Agent. This will also allow the Realtor to do the best job for you. Buying or selling a home should be an exciting process, and a mutually satisfying relationship will allow the entire process to go much smoother from beginning to end.

Email Andrea at: agianna1@aol.com if you have any real estate questions or for future article topics.

About the Author:
Andrea Casey is a Licensed Sales Agent with Century 21 Bays Edge Realty, located in the heart of downtown Sayville. Andrea has been a Top Producer, selling Real Estate in this community for the past 11 years. She serves this community through the Sayville Rotary Club, Splashes of Hope, The Bayport Blue Point Foundation, Mercy Center and The Common Ground, as well as other local involvements. She can be contacted at 631-563-1616 ext 247 or on cell phone at 516 971-9069 for any questions regarding Real Estate or other community inquiries.

   
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