If you’re shopping for a real estate agent, it goes without saying that you want the best. However, selecting one that is right for your purposes may be a cumbersome task. This is because it is very difficult to make a decision via online ads, yard signs or even direct-mail postcards.
It is one of the most critical decisions that a homeowner will ever make and that is why it needs to follow the correct process. This article will give some insight into the process of selecting the right real estate agent in Myrtle Beach for your purposes.
How to select the right real estate agent for your purposes
The following are a few tips on how to go about the process of selecting the ideal real estate agent:
Speak with recent clients
You can ask the real estate agents to provide you with a list of the property they have listed and recently sold. Proceed to ask past clients what the asking price was, and what the sales price ended up being.
If you are selling, ask if the previous clients’ properties were in any way similar to yours in location, price, as well as other selling features. Another important question is to ask the previous clients the length of time that their homes were on the market.
It is important to check with the state’s regulatory body that is concerned with real estate agents. The main reason for this is to determine if prospective agents are licensed or whether they have any kind of disciplinary complaints.
You should look at the current listings of agents online. This can be assessed on realtor websites such as that of Full Potential Real Estate and other reliable online sources. These should offer an online database of properties that is searchable in their multiple listing services.
You should also look at how closely the listings of a particular agent mirror the property you would like to sell or buy. Determine if they are in the same area and if the price ranges are similar. Most importantly, determine if the agent has sufficient listings to portray a healthy business.
Local real estate market
The real estate agent that you choose should be an expert in the local real estate market. The best way to assess this is to ask them questions about the local real estate market and if they can answer with confidence.
The Myrtle Beach real estate agent you choose should be competent in the particular neighborhoods that you are interested in. However, you should proceed to do personal research and critically compare, the answers they give you. The main reason for this is that a real estate agent that is very familiar with the local market will recommend the best price to sell or buy.
Good real estate agents should be able to utilize technology to their advantage. Tech-savvy real estate agents tend to be more productive and also deliver the best results for their clients. Technological systems and tools facilitate efficiencies that can work to your advantage. The real estate agents from Full Potential Real Estate are proof of this fact.
Frequently Asked Questions
When you’re looking to hire a real estate agent, there are several key questions you should ask. These will help you get a sense of their experience, expertise, and how well they can serve your needs. Here are some important questions and the kinds of answers you should look for:
1. How long have you been in real estate?
While there’s no “right” answer, experienced agents often have a broader understanding of the market. However, newer agents might have more time to dedicate to your property.
2. What’s your experience with homes in my price range and in this area?
You’re looking for someone with knowledge and experience in your specific market. They should be able to cite examples of past sales and knowledge of the area.
3. How will you market my property (or how will you search for my new home)?
You should expect a comprehensive plan that includes online listings, open houses, social media promotion, professional photography, etc. If they’re helping you search, they should be proactive and have a wide network.
4. What are your fees?
The standard real estate commission is about 5%-6%, typically split between the buyer’s and seller’s agents. However, some agents may negotiate their commission.
5. Can you provide references?
A confident and accomplished agent should have no problem providing references from past clients. Make sure to follow up on these.
6. How often will we be in communication?
This can vary by agent, but it’s important that they’ll be available when you need them and will keep you informed throughout the process.
7. What sets you apart from other real estate agents?
Look for unique selling points that resonate with your specific needs, whether that’s their negotiation skills, their knowledge of the local market, their commitment to clients, etc.
8. How many clients are you currently representing?
Too many clients could mean they won’t have enough time for you. Too few could mean they don’t have much experience or a good reputation.
9. Can you recommend service providers, like mortgage brokers and home inspectors?
An experienced agent should have a network of trustworthy, high-quality providers that they can recommend.
10. What happens if I’m not happy with your service?
Some agents offer a satisfaction guarantee where you can end your agreement if you’re not happy with their service. At the least, they should be open to feedback and willing to make changes to address your concerns.
Remember, the agent’s responses should make you feel confident in their abilities and comfortable with their communication style. It’s important to find an agent who is not only skilled but also a good fit for you personally.
Call Full Potential Real Estate, LLC now if you’re looking for a reputable real estate agent in Myrtle Beach.
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