When buying or selling real estate, you may find it helpful to have a licensed real estate agent to assist you. A licensed real estate agent can provide many useful services and work with you in different ways. In some real estate transactions, the agents work for the seller. In others, the seller and buyer may each have agents. And sometimes the same agents work for both the buyer and the seller. It is important for you to know whether an agent is representing you as your agent or simply assisting you while acting as an agent of the other party.
For more important information, please read Working with Real Estate Agents.
Here are some other factors to consider when choosing your real estate professional:
- Interview more than one licensed real estate agent: Are they familiar with the area in which you are interested?
- Ask your agent if they’re a licensed REALTOR®. A REALTOR® is a licensed real estate salesperson who belongs to the National Association of REALTORS®, the largest trade group in the country. Every agent is not a REALTOR®, but most are. REALTORS® are held to a higher ethical standard than licensed agents and must adhere to a Code of Ethics.
- Ask how much time the agent will have for you and if they are available at night and on weekends.
- Ask about their credentials and education: A good agent will continually strive to improve and gain knowledge of the latest real estate trends and hold the highest designations in their respective fields of expertise.
- Does the agent return your calls promptly? Time is money when attempting to buy a property.
- Ask for a list of references.
- Choose a licensed real estate agent you feel comfortable with who listens attentively to your needs and concerns.