7 Tips to Find the Best Real estate Rogers
1. Ask for recommendations
Although this may seem obvious, ask your friends, family, and colleagues to tell you which real estate Rogers agents they used, and what their opinions were. You can also look for “for sale” or “sold” signs in your neighborhood. This is a good indicator of agents who are successful in your area.
2. Verify industry credentials
Many estate agents are also members of trade organizations. A code of conduct is required for members to be able to practice professionalism and diligence. This should allow you to do your research without ever having to visit an estate agent branch. These members will shout about it on their websites.
3. Go undercover
As a potential buyer searching for a property similar to yours, visit your shortlisted estate agents. Pay close attention to their behavior and ask two questions.
· Would you be content if the property described were yours?
· They would be happy to help you purchase a property.
4. At least three agents should be invited to appraise your property.
You can shortlist agents but not too many. Get at least three agents to visit your property and to value it. It’s important to not be impressed by the agent who values your property highest. This could be a ploy for your business. You want an agent who will be fair and honest, and not someone who will overvalue your property in order to find a buyer.
5. These are the questions to ask:
· What is the fee for sole agency? A sole agency is one that has exclusive rights to sell your property within a specified period. You will have to pay the fee of the sole agent if your property is sold at the same time by another agent. Fees for sole agents can be anywhere from 1% to 2.5% of the sales price with a tie in period of up 8 weeks.
· What is the cost of multi-agency arrangements? Multi-agency agreements mean that multiple agents have your property on their books. The successful agency will be charged the fee. This fee is generally between 2.5% and 3.5% depending on the sale price.
· How many years has the agent been in business and how much experience do they have? It is better to find an experienced agent who has sold properties within the immediate area of your home.
· How will you advertise your property? In the local newspaper. Can the agency show examples of how they market properties?
· Who will be responsible for viewings? Will an estate agent attend all viewings of the property? You should check if they are available on weekends and evenings.
6. Choose between multi-agency or sole agency, then negotiate.
Although single agency is less expensive, the net is not as broad and may result in a slower sale. Multi-agency is more expensive, but your property will be more visible, increasing the chance of a quick sale. One option is to begin with a single agency and then move to multi-agency after the tie-in period. You may also decide to join multi-agency. No matter which agent you choose, it is time to bargain. See if there is a way to lower the price of one agent who is more expensive than another.
7. Check out the conditions and terms of the agreement
Before signing anything, make sure you understand all of the fine print. Do not be afraid to ask questions or disagree with anything.
