How To Choose A Real Estate Agent When Buying – If you need our 6 tips for choosing your REALTOR® among friends, you may be in trouble!
While it’s common for people to choose a real estate agent as just their friend, is that the best decision? What happens when you have several friends and they all happen to be realtors? Forget about qualification for a minute, and “friends!” What would your realtor friends Ella and Blake say if you choose RealtorNolan? If you chose one over the other, would you still have three realtor friends or just one? Unfortunately, if your deal is bad, you may end up with zero realtor friends!
How To Choose A Real Estate Agent When Buying
Before you read on, know that we’ve been a chosen realtor friend and an unselected friend. Choosing between friends may be best if you are faced with this dilemma and not choose a friend. To be completely honest, I’m sorry, but I’m not comfortable choosing a friend as my realtor. Yes, there will be hurt feelings for a while, but if your friends are true friends, they will eventually share in your excitement and happiness.
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By the way, we’ve also published a page on buying a home that includes links to several resources and articles. If you’re selling, check out our home selling tips.
To be clear, as local Santa Clarita Realtors based in Valencia, we recommend our friends to buy and sell real estate. Fortunately, all operations went well and there were no unusual problems. Yes, there have been times when a friend has had to work with another realtor, but it was fine with us. We are still friends because we value our friendship more than our business. Be careful because not all agents feel the same.
Choosing your realtor from friends can be frustrating! With that in mind, does it make sense to choose a friend as your realtor? Most people would probably say yes, but perhaps it would be better to choose another highly qualified realtor rather than a friend. Sure, you have to be honest and explain why, but in the long run, it might be your best option.
If you have a few realtor friends, this could completely solve the problem. It’s possible, though, that your friends may be a little changed at first
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They will share in the joy of your real estate success. Honestly, if they aren’t happy for you and don’t share in your happiness, they might not be friends at all. Unfortunately, choosing between friends is not fun. If you have this problem, we don’t envy your position, but we wish you the best of luck. It’s nice to see you think this decision through before you make any rash decisions!
A few years ago we heard a friend tell a very sad story about losing her BEST friend because of choosing a different realtor. Long story short, a woman chose her best friend to buy and sell a house. A few years later, the woman needed to buy another house and wanted to use a friend as her realtor, even though she was not comfortable with previous transactions. So they couldn’t find a house and bought a house from their parents at a huge price! The problem was, his father insisted on using a realtor to buy the house. Well, that was the price! The woman’s realtor friend was very upset and they are no longer friends! How sad is that? In this case, we are saying that the realtor’s friend was not a friend at all and should be happy for them. Also, the realtor friend made the commission on 2 of the 3 transactions, so it’s hard to understand the lack of gratitude.
True Story Update 2023: We are happy to report that we recently spoke with the woman in the story and she said everything is fine. He and his realtor friend finally built it, but it took years!
Choosing a friend as your realtor can work out great, but the process can strain your relationship and lead to disaster. Be very careful.
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If you are selling or buying any property, it is recommended to disqualify any agent who is inexperienced with these complex and complicated transactions. These are friends! These transactions include foreclosures, short sales, test possessions, or anything other than a standard transaction. Most agents prefer not to do these types of transactions, so this may not be a problem. For example, Matt is a certified real estate professional with a long track record of closing difficult transactions. Yes, it’s more work and risk for the agent because the deal can go south and we make zero! If you’re considering a difficult transaction, don’t go to the trouble of choosing a friend, only to end up with an inexperienced realtor.
We hope you find this post helpful and our sincere condolences if you are faced with choosing between friends for your agent. Obviously, there is no good answer. Yes, there may be some feelings of resentment if you choose someone other than your friend, but if they are true friends, they will share your excitement and happiness.
If you need real estate representation, don’t be a realtor friend or choose a friend, contact us. We offer a more authentic approach to real estate and have extensive experience with all types of transactions. Remember, there is never any sales pressure with us, no matter what! When you decide to embark on the adventure of finding a real estate agent to help you buy or sell a home, the trick is to do it right. The trick to finding a real estate agent is asking the right questions. Buying or selling a home, even if it is an investment property, is not meant to be taken lightly, so you need someone you can trust to help and guide you through the process. So what are the most important questions to ask a real estate agent?
The longer the experience, the better. It’s not bad if you’re a new real estate agent. However, real estate is a commission-based business, so the more experience a real estate agent has, the better they are at what they do. Moreover, if they have years of experience, they may not be thrown off guard by unexpected bumps in the road and handle them with more grace.
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Communication is very important in the relationship between a real estate agent and a client. It takes trust and open communication to make a relationship work, and to find you the home of your dreams, or to sell your home for the price of your dreams. Asking this question not only gives you an understanding of how the real estate agent will communicate with you, but also how they prefer to communicate.
Because this relationship requires a lot of trust and communication, you need to know that you are in the right hands. No one speaks better of an agent’s level of customer service than their previous clients. Don’t be afraid to ask the agent for past client references, and follow up on those references. It’s best to ask open-ended questions specific to your preferences.
Marketing strategy is important for both buyers and sellers, so it’s a good idea to ask real estate agents whether you’re buying or selling. If you’re buying, you should know that a real estate agent will make you the most attractive buyer for sellers. How will they differentiate you from other buyers? When selling, there are several ways to market your home to potential buyers. Are they going to invest in a direct mail campaign? What kind of photography do they offer? Are they using online marketing?
A reliable real estate agent will allow you to review the necessary legal documents before you sign them, so you know exactly what you are agreeing to or not agreeing to. Some important documents to ask for are the buyer’s broker agreement, agency disclosure, buyer’s disclosure, listing agreement and seller’s disclosure.
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This question is important because it can tell a lot about how a real estate agent conducts their business. Do they prioritize you or the sale? Do they want to get to know you or are they looking for money? If they ask about price points or what you want in a new home, you can assume that they don’t prioritize the customer relationship like a good agent would normally.
Starting the process of buying or selling a home can be a daunting task. The real estate professionals at Twin Cities Real Estate Services provide high-quality, individualized attention to each of our clients.’
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