If you are someone who wishes to buy or sell a property, then chances are that you’re already aware of the struggles to find an adequate real estate agent. Locating one who is both ethical and capable is quite the mammoth task to say the least and if this is your first time dealing with an agent then its better you acquire sufficient knowledge prior to appointing a real estate agent. There are many salesman who will assure you of the best, you will need to stop and consider what are the factors and variables which a lot to you which is why we bring you a list of some tips and tricks as to how to navigate your way through finding the right agent for you.
What does a real estate agent do?
A real estate agent is someone who performs the role of an intermediary between the buyers and sellers of real property/real estate and whose responsibilities entail looking for sellers who intend to sell and for the buyers who intend to buy.
Real estate brokers work on commission
Make sure to do a thorough background check before you hire any agent and always remember that agents primarily work on commission. In fact, there are very few agents who work on a salary basis. Furthermore, you must also consider that the agent receives his/her payment if they successfully close the transaction and also ensure that you pay accordingly pay the agent for their work as opposed to them carrying out the work for free.
Be prompt and punctual regarding your appointments with the agent
Being on time for the scheduled appointments matter because then the real estate agent will feel a sense of responsibility. Another factor to remember is that you need to employ common courtesy and diplomacy and because the task at hand, is of utmost priority to the agent as they are setting aside all of their other responsibilities for you. Also, try your best not to cancel your appointment with the agent and take into account that you aren’t the only client that they have to deal with and can devote all their time towards. In the event that you need to cancel your appointment, then the most ideal thing to do would be to let the agent know beforehand and accordingly plan out a timing that works for you.
Always ensure that you sign up for the buyer’s broker agreement
By doing so, there is a sense of weightage and tangibility in the relationship that you share with your agent and in this manner, the agent will also know what is expected of them. The parameters of this relationship would include the different methods of communication, the specific timeframes and the feedback concerning the agent are all matters that need to be taken into consideration.
Do not sign documents that you don’t have complete knowledge about
Dealing in property calls for extensive paperwork and its best that you avoid signing on any document that you’re not entirely clear on. Do not hesitant to ask your real estate agent regarding the specifications of the documents as they could contain language that is rather jargonising and ambiguous and also avoid signing up on papers which states that the consent represents more than one buyer.
