In today’s competitive market, it’s crucial to have a trustworthy and experienced real estate agent. The best way to find an excellent real estate agent, especially if you’re purchasing a new property, is by asking friends, family, and neighbours for recommendations. But there are qualities you can also look for, and some of them include:
1. Commission Percentage
The commission of a real estate agent is the percentage of the cost of a property that they receive. This commission can vary depending on the state or location.
Thus, Real estate agent commission percentage is an essential factor to consider when hiring an agent because it can affect how much you have to pay for their services. The commission rate can range from 2% to 6%. For example, if the commission is 5%, then you’d have to pay USD$500 for every USD$100,000 that you spend on a house.
Some agents may charge a fee up front when they sign up with you, while others may wait until the final purchase. It’s important to know what the agent is getting paid before you hire them to ensure your interests are aligned, and the agent has no incentive to lie or cheat for their benefit.
2. Strong Presence Online
Social media is the perfect platform for agents to leverage their digital presence. They can post updates about themselves or their properties and interact with potential clients to generate leads. They can also create a blog or a website that helps potential clients learn more about themselves and their services.
A real estate agent can be found anywhere online. They might be on the MLS listings or social media. When looking for an agent, you should always check their online presence to ensure they’re active and have a strong presence. Otherwise, you might end up with a mediocre real estate agent who will not be able to help you find your dream home.
3. Local Knowledge And Connections
A real estate agent with local knowledge and connection can help you find the perfect property for your needs. They’ll be able to tell you about the pros and cons of a property, what it’s like to live in the area, and other information essential when buying a new home.
And if you’re moving to a new area, it makes sense to hire an agent who knows the area well. They can give you insider information on any potential problems with a property or neighbourhood.
4. Great Negotiation Skills
Negotiation is an essential skill for any real estate agent. It’s the one skill you can use to get a better deal when buying or selling a house. However, not every agent has this skill, and you may find yourself in a situation where the agent doesn’t negotiate on your behalf, and you end up paying more than you should have.
A real estate agent with excellent negotiation skills can help you buy your new property at the best price possible.
5. Excellent Customer Service
The agent’s customer service skills are essential to your experience as a property buyer. If they don’t have excellent customer service, they’re not likely to be able to provide you with the best possible experience.
When it comes to buying a property, you’ll have to look for an agent who is knowledgeable and has excellent customer service. You can find out the customer service level of a real estate agent by going through their reviews.
6. Integrity And Reliability
It’s essential to look for an agent with integrity and reliability before hiring one. This is because real estate agents have the power to make or break your experience as a home buyer.
The real estate industry has been riddled with corruption and scandals since its inception. It’s not uncommon for agents to take advantage of sellers by misleading them about their property or buyers by overstating the value of homes they’re selling.
7. Personal Touch
A personal touch is one of the essential qualities a real estate agent should have. A personal touch can benefit you by building trust, establishing relationships, and increasing customer satisfaction. It can also help create a sense of urgency which would encourage you to make quick decisions about purchasing property before you lose out on your desired home.
8. Niche Specialization
Niche specialisation is a great way to get the most out of your real estate agent. It makes it easier to find the best agent for your needs, and it also helps you save time by eliminating those who don’t know how to serve your needs.
Specific niches require more knowledge than others, so you must know what you’re looking for in advance. Your real estate agent should be able to offer a variety of services.
9. Professionalism
The agent you choose to represent you in purchasing your property is a crucial decision. They’ll be the face of your property and responsible for expressing your interest in the best possible light. There are many factors to consider when choosing an agent, but one of the most important is their professional work ethic.
A professional agent is knowledgeable about their work and has a great work ethic. They’re always looking to improve themselves and transaction management to provide the best service possible for their clients. Such an agent has a good reputation and will have had many years of experience in the industry. They can also provide you with a list of references that you can contact if you need more information on their work history.
Conclusion
An agent is the best person to help you find the right house. They know what to look for and ensure that you get a good deal. There are some qualities to look out for when choosing a real estate agent. Agents should be able to communicate clearly and effectively with you. They need to know where the good deals are so that they can help you find them. Finally, an agent needs to know what you need in a property for the best deal.
