How to Choose the Right Real Estate Agent
We’re sure you pass by the billboards of dozens of real estate agencies on your daily commute in the GTA, so it’s easy to assume that finding the right agent shouldn’t be tough. It’s true, finding any old agent is easy, but finding the right real estate agent for you could make a difference of tens of thousands of dollars, or gain you access to the home of your dreams. Here’s what you need to know when making this crucial decision.
Check their credentials
Always ask your potential agent to show you their credentials before allowing them to represent you. Why? Because licensed real estate agents are legally obliged to work in your interest. This means that it’s illegal for them to put their own wellbeing (their commission) ahead of what will save or make you the most money. Unlicensed agents do not have this responsibility to the client.
The Estate Deal Advantage: When you work on Estate Deal’s 0% commission model, you never have to worry about a conflict of interest.
Ask about their experience
There are a lot of young real estate agents out there who have a natural gift for the job, but generally, you want to look for an agent with at least a few years of experience. Most of the learning that makes a great agent happens on the job, so the more experience the better. Not only that, but getting the best info on new properties and sellers comes with developing relationships and networking, both of which take time.
Find an agent who fits your needs
Are you looking for a fixer-upper to flip within the year, making a long-term investment, or selling a family estate? Everyone’s story is different, and you should look for an agent who not only understands that fact but also has relevant experience and expertise that pertains to your situation. In other words, if you’re looking for a summer home on the lake, don’t hire an agent that deals mainly in commercial properties.
Tech friendly is the future
A number of agents aren’t keeping up with modern methods of finding properties and advertising. The internet and social media have transformed an industry that was once based in pamphlets and newspaper ads to one that travels at the speed of the information superhighway. Tech savvy agents will get access to new properties faster and will be able to advertise to potential buyers much more effectively.
Be on the lookout for:
- Social media skills
- HD imaging on listings
- Extensive online resources to make your decision easier
When looking for the right real estate agent, remember that this business is based entirely on people. It’s important to take the tips above into account, but don’t lose sight of your greatest method for finding a trustworthy agent: Your Gut. If you’re interested in a real estate agent in the Toronto Area that charges 0% commission, then contact Estate Deal today.