You must learn about representation before you start searching for a realtor. A seller’s agent will represent you if you are looking to sell your property. On the other side, buyer’s agents represent those wanting to purchase a property. Either way, as soon as you sign your contract with a real estate agent, they have a legal obligation to represent you.
The experience of your realtor is perhaps the most important thing. Usually, those with the most experience are also the best ones. The best realtors got into the business before the recent economic crisis and are still working today. Next, make sure that the experience they have is relevant to your own needs. Someone who wants to flip properties, for instance, will have very different needs to someone who wants to find a home to raise a family in. The second important thing is that they understand your demographic requirements and are able to deal with those. For instance, if you want to purchase a farm, you need someone who has the right contacts to look into the condition of the land, previous production methods and the homestead itself. If, however, your interests lie in historic or listed buildings, you will need a very different type of realtor.
A number of things should be avoided as well. Firstly, don’t pick anyone who is your friend or a family member. This would cause a significant conflict of interest, meaning you will struggle to have an honest business relationship. Also, your relationship could be tainted if things don’t work out. Also don’t work with a realtor who is also representing the other party. Don’t be afraid to go to a new realtor if you’re not happy with the service. Of course, do make sure you do this respectfully. Don’t tell realtors that you will definitely work with them unless you are sure yourself. You need to be honest with them and tell them at which stage you are. Honesty is the best policy and you expect honesty from them, so you need to return that courtesy.
As you can see, with a bit of forward thinking, you should be able to find the right realtor for your needs. Their role is to make sure you find the property of your dreams. Hence, it is vital that you find someone that you believe will do their job properly.