Buying or selling a home is a significant financial decision, and having the right real estate agent by your side can make all the difference. However, with so many agents to choose from, finding the perfect fit can be overwhelming. In this guide, we will provide you with a step-by-step process to help you find a good real estate agent who will guide you through the home buying or selling journey.
Get Preapproved for a Mortgage
Before you start your search for a real estate agent, it’s important to get preapproved for a mortgage. This will not only give you a clear understanding of how much you can afford to spend on a home but also show agents and sellers that you are a serious and qualified buyer.
Ask for Referrals from Friends and Family
Start your search by asking friends and family for referrals. Their personal experiences can provide valuable insights into working with different agents. Make sure to ask for recommendations from individuals who have been in similar circumstances as yours, such as first-time homebuyers or those looking to downsize.
Research Potential Candidates
Once you have a list of potential agents, it’s time to do some research. Start by examining their online presence, including their website, social media accounts, and online reviews. Look for agents who have closed deals in your specific area and have positive reviews from past clients. Additionally, check with your state’s real estate regulator to ensure that the agent is licensed and has no disciplinary actions.
Interview at Least Three Agents
Interviewing multiple agents will help you gauge their work style, experience, and compatibility with your needs. During the interview, ask questions about their years of experience, whether they work full-time or part-time, and how many clients they currently have. It’s also crucial to inquire about their typical price range, neighborhoods they specialize in, and how they help buyers stay competitive in the market.
Request and Check References
Ask the agents you are interviewing to provide references from past clients. Contact these clients to learn about their experiences working with the agent and the level of support provided throughout the process. This step will give you an insight into the agent’s track record and help you assess whether they are a good fit for your needs.
Trust Your Instinct
After conducting interviews and checking references, trust your instinct when making a final decision. Choose an agent whom you trust and feel comfortable with, as you will be working closely with them throughout the home buying or selling process. Chemistry and rapport are essential in establishing a successful working relationship.
Review the Contract
Once you have selected an agent, carefully review the contract and ensure that all agreed-upon terms are included. Pay attention to the real estate commission, which is typically paid by the seller and ranges from 5% to 6% of the home’s sale price. The length of the contract is also important, and it is advisable to aim for a contract of six months or less to keep your options open.
Finding the right real estate agent is a crucial step in the home buying or selling process. By following these seven steps, you can ensure that you hire a competent and trustworthy professional who will guide you through every step of the journey. Remember to trust your instincts and choose an agent who not only has the necessary experience but also understands your specific needs and preferences. With the right agent by your side, you can navigate the real estate market with confidence and find the perfect home at the right price.
About The Real Estate Company
Residential and Multi-family Realty Services for Lexington, Richmond, and Surrounding Areas. We close over 40 million in sales each year. Our love for Central Kentucky and our clients is the key to our success. We provide careful guidance, persistence, and savvy marketing to deliver results for our clients time after time.
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