Choosing the right realtor is as important as choosing the right neighbourhood. It’s the first big decision you have to make when thinking of buying or selling a property. Sure, there are many realtors out there, perhaps too many! Some boast about their hundreds of millions in real estate transactions. Some realtors provide services in a broad geographic areas. Some spend thousands on clever marketing to capture your attention.
However, not every realtor is ideal for everyone. There are a number of important factors you should consider when looking for a realtor to help you buy or sell your house. Two of the most important factors when choosing a realtor are:
- Time Commitment: How much personal time is a realtor willing to commit to helping you find or sell your house. Many realtors work part time and are only available during limited hours or on certain days of the week. Others may be working with too many clients and therefore unable to dedicate any personal time and attention to your needs. Still others work in 'teams' and pass clients they deem less valuable to less-experienced realtors on their team.
- Area expertise: While some realtors claim to be experts for all cities and all neighbourhoods, its highly unlikely! Location is one of the most critical factors in buying real estate. A realtor with a sound understanding of the local market can make a world of difference. If you're selling a property, a knowledgeable realtor can help you maximize profits and ensure you get the highest possible sale price for your property. If you're in the market for your dream home, a realtor with local market knowledge can provide valuable insights on the neighbourhood you're targeting. In short, its worthwhile finding a realtor who knows the neighbourhood and understands the local market.
Bottom line, house purchase is easily the biggest purchase you will make in your lifetime. Its important to find a realtor who understands your needs and is willing to dedicate personal time and attention to help you in this important purchase.