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Thursday, November 4, 2010

Do You Trust Your Real Estate Broker?


The relationship between you and your real estate broker is similar to a marriage: it must be founded on trust and understanding.

Without this groundwork, the relationship is doomed to end up in failure. And between you and your agent, you're the one who has a lot to lose. So it is only practical to look after your own interests. The best way to do that is to look for a good real estate broker, someone you can definitely trust.

Knowing Where To Look

When in search of a good real estate broker, you certainly have to know where to look around. Knowing what you want may be important, but having at least an idea of the right places to look for an agent is just as crucial.

Before you set out on a search for a real estate broker, ask around first. You can ask your relatives, friends, or colleagues about their experiences -- good and bad -- with selling or buying properties. If they can recommend a good agent, then don't forget to jot down his or her number so that you can request for a future meeting.

You can also leaf through magazines and newspaper ads for reputable agents. This would give you the chance to do a check on a particular real estate broker, if you want to, prior to your actual meeting.

However, if you intend to purchase a home, instead of selling one, you might want to steer clear of property listings. The agents listed there would certainly represent the home seller and not you. And that would totally contradict your intentions of looking after your own interests.

Qualities of a Good Real Estate Broker

Know what you want: that is the first and most important rule that you should always remember. You should never settle for less than what you intend to get -- and so should your agent. Having said that, you should also look for certain qualities in a real estate broker before hiring him or her to represent you and your interests.

You must assess whether or not the agent truly understands your needs. He or she must show an eagerness to work with you until your needs are satisfied. In addition to that, he or she must also exude confidence and a sense of professionalism. And it would not hurt to have excellent feedbacks from his or her previous clients. So don't forget to ask for character references from past home buyers or sellers.

A knowledgeable and experienced agent -- someone who shows familiarity with the area you are interested in, as well as the price range you have set for yourself -- is a big advantage. Hiring an expert real estate broker may be costly, but at least it would increase your chances of getting what you truly want out of the professional relationship.

Without these qualities, you would find it difficult to trust your real estate broker -- and trust is a very important word in the business of selling or buying houses.

http://realestatepress.org - Real Estate Press








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