3 Things to Consider Before Engaging a REALTOR®
Buying or selling your home can be a stressful process. There are tons of things to consider while you’re engaging in a transaction for what is likely your most significant investment and your most valuable asset. That is why it is important to have the right person.
If you’re sitting there asking yourself, “how do I know if a REALTOR® is right for me?” You are not alone.
Here are three important things you should consider before engaging a REALTOR®:
1. Knowledge of the area – When buying a house, an agent with in-depth understanding of the area will better be able to match your needs to a specific house. Instead of filling your day with visits to a variety of houses that aren’t right for you, they will zero in on the few that best meet your needs. The result: less wasted time for everyone.
Since they’re already experts on the area you’re interested in, they will ensure you find a fairly priced home and provide meaningful insight during the negotiation process. As a seller this is also super useful as they can price your home accurately, so it isn’t sitting on the market for ages.
Understanding the future of the neighborhood is vital knowledge as well. Is the neighborhood getting older or younger? What is on the slate for future development? These are factors that will determine the characteristics of the area in the next 5-10 years and are essential for a potential buyer to understand.
2. Agent-client compatibility – Just like dating, you don’t want to commit to someone who isn’t a good match. Remember that you are likely making one of the most significant investments of your life; you want someone you trust and feel comfortable with.
Trust your gut! You want to feel that natural chemistry with your agent, so that when in the midst of a stressful negotiation, you know that they are on your side.
3. Fee structure – Be sure to understand how your REALTOR®’s fees are structured. It should be clear and transparent as to how your agent is being compensated. The fees represent the value that you’re receiving, and it is important to feel comfortable with what you’re getting for your money. Transparency leads to trust!
If you are interested in learning more about buying or selling in London contact one of our friendly team members today. At PC275 we specialize in buying and selling homes safely by leveraging our virtual services. [email protected]
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