How to Look for a Good Real Estate Agent

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You may be planning to sell your home or buy a new home. Either way, you're probably looking for a great real estate agent.

Realtor, Real Estate Agent - is there a difference?

There are Realtors® and there are real estate agents. These are not synonymous terms. A real estate agent is licensed to "represent a buyer or a seller in a real estate transaction in exchange for commission."Real estate agents typically work for a real estate broker or Realtor.

A Realtor also is licensed and may sell real estate as either an agent or a broker. There are completely ethical real estate agents and Realtor®. The primary difference is that a Realtor has made an additional commitment to honor the 17-article code and profession of the real estate business.

The search and some questions

Looking for a great real estate agent means that you will be asking questions, so let's start building your list of questions:

  • Referrals: ask your friends, colleagues, and relatives for referrals. Most people who have had a positive experience working with an agent will gladly describe their experience and why they feel their agent was exceptional.
  • Referrals from professionals: it is certainly appropriate to ask real estate agents for referrals. Financial institution representatives, especially mortgage brokers, are likely to be aware of exceptional agents.
  • Open houses: going to open houses is a great, non-threatening way to meet estate agents. Pay attention to the agent's manners and appearance, his/her professionalism, and the quality of promotional material provided at the open house. Does the agent seem knowledgeable about the property and the local market? Is the agent ready to point out the home's features, or does he basically ignore visitors?

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