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Choosing a Colorado Springs
Realtor
Many of the same
questions, hesitations and strategies connected with
seeking out professional assistance in any field -
whether you're looking for a doctor, dentist, lawyer or
accountant - come into play when you're selecting a real
estate agent. Some people find an agent through a family
member or friend. This is often a reliable approach. But
you might not always find the most compatible assistance
this way. And in a transaction as important and
intensive as buying and selling a home, that can be
critical.
A referral from a family member or
friend doesn't guarantee a perfect match. Just think of
something as simple as a movie or restaurant
recommendation. Your close friends rave about a new
Chinese food place downtown - so you check it out. Could
this possibly be the same restaurant they were
describing? Mediocre service. No chopsticks. Bland
flavors. It's the same restaurant. Same cook. Same
waiters. Just different perceptions.
Regardless
of how you get an agent's name, it might be worth
interviewing at least a couple before you make a final
decision - or at least arming yourself with some
criteria to go over with any agent who has been
recommended to you.
A few
things to look
for:
If you're looking for an agent to list
your home, be wary of anyone who suggests they can get
an unreasonably high sales price. An agent might use a
high listing price to secure a contract, only to seek a
lower price later, after little traffic is generated at
the initial price level. Meanwhile, you've lost what can
be the most critical time period in selling a home - the
first weeks immediately after it's listed.
Check on experience, education and
productivity. As with most professions, experience pays
in real estate. Experienced agents know the market and
the marketing process. They'll have the best chance of
quickly and smoothly helping you to buy or sell your
home.
Designations - such as the Graduate
Realtor Institute (GRI); Certified Residential
Specialist (CRS); Accredited Buyer Representative (ABR);
Quality Service Certified (QSC) - suggest an
expertise and commitment that goes beyond just earning
and maintaining a real estate license. The number of
transactions an agent is handling monthly or yearly is
going to give you an indication of how committed the
agent is to the profession. Is the agent a part-timer
who's just dabbling in real estate sales - or is the
agent a full-time professional whose livelihood depends
entirely on his or her ability to successfully and
repeatedly close real estate transactions?
If you're a buyer - does the agent
offer buyer agency? More and more buyers are deciding
they want full contractual representation on the same
level as the seller. Be sure to discuss buyer agency
with any agent you're thinking about working
with.
Does the agent know the market? Is the
agent active in soliciting business in your
neighborhood? Do you see the agent's yard signs around
the neighborhood?
Is the agent part of a national
network? This can be especially important if you're
selling in one city in preparation of moving to another.
Your selling agent can refer you to a professional,
compatible agent in your destination city - and keep in
close contact with that agent so both your selling and
buying efforts are closely coordinated.
And a final point: Does the agent seem
primarily interested in sharing expertise and market
knowledge in an honest and straightforward manner? Or
does the agent seem more interested in telling you what
you want to hear - or spend a lot of effort trying to
market additional products and services? The worst time
to secure the services of a "yes-man" or an agent who
seems to have a bit too many irons in the fire is when
you're entering a transaction involving something as
expensive as your home. You need straightforward,
reliable information - even if it's not necessarily
flattering regarding the home you're selling - or very
encouraging regarding a home you think you might want to
buy.
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