Looking for a Real Estate Broker? Consider the Following Factors
If you are planning to buy or sell a house, in most cases you will need a real estate broker. There are several real estate brokers in the market. As much as there are many real estate brokers in the market, the reputation of some of them is questionable. If it is your first time using a real estate broker, this process of choosing one can be challenging. Here are steps that you can follow in picking a reputable real estate broker.
You can start by asking for recommendations from friends and family members who have used a real estate broker in the past. However, it is important to ask them if they had a good experience with the real estate broker that they used.
When choosing a real estate broker, doing some research on the broker is necessary. It is important you check the comments that have been left by clients on the social media page of the broker. Sites like better business bureau usually allow clients to post complains about a business on their site, check if there are any that have been filed against the broker. If you find several reviews about the broker are negative, its best you look for another option.
In addition, ask the real estate broker for client references. It is important to call them, so that you can learn what to expect if you settle for the broker. A reputable broker will always have many impressed clients.
How long has the real estate broker been in this field? It is important to choose a broker that has more than 5 years’ experience. An experienced broker knows the market value of houses, also they have connections with different stakeholders in this field.
Cost is another factor you should consider when choosing a real estate broker. The commission that real estate brokers charge usually varies. It is important you check the commission of different brokers, then choose one that is within your price range.
When choosing a real estate broker, go for one that is licensed. Get a copy of the license the broker is using and verify its authentic. Check if the real estate broker has been accredited by an reputable association in this industry.
Does the real estate broker have a physical office?
When choosing a real estate broker, it is important you choose one that you have a good relationship with. Go for a broker that will keep you informed through email or phone calls. To know the personality traits of the broker, do an interview with him or her before you hire them.
How accessible is the real estate broker? Go for a broker that works full time, you can easily get hold of them when you need them.