What Are The Benefits Of Working with a REALTOR®
So you’ve come far in your career and live in one of the best cities in the world, Vancouver. Paying rent no longer makes sense, and you’ve made the decision to buy a property for the first time. Your first bit of research should be focused on finding a great agent to work with, do you have an idea of the type of realtor you want to work with? Go through the following considerations before you make this important decision.
A realtor doesn’t work a typical 40 hour work week. We have to schedule our hours around the times that you are available to view properties, as well as times when the property is available to be viewed. Office hours are used for administrative responsilities and planning our schedule. Real estate is one of the most competitive industries around, so as a rule of thumb the more chance you have to work, the more success you will achieve. I offer a flexible schedule to my clients, but I also value my personal time. It’s a balance that I am happy I am able to achieve.
Does the agent comes across as professional, ethical and competent. How long does it take them to answer your e-mails? Does he or she answer all your questions in a way that makes you comfortable with that agent? Does everyone in the process get along? There is nothing worse than a personality clash when it gets in the way of professional relationship. I don’t work with clients which I have a personality clash with, and am fortunate enough not to have to.
Make sure you figure out whether the agent is too busy to work with you. If an agent has 10 listings and no support staff this can be an overwhelming burden on that realtors available time. Busy is never a bad thing, but too busy can leave the service you are expecting to be unattainable. Make sure to have a great look at the website of the realtor, is it user friendly and provide as much information as possible? Does the agent use other methods like Facebook, Twitter, Instagram, and LinkedIn to advertise their listings? Online exposure is tremendously important these days, and using an agent with a robust online presence can provide many benefits to you and put more money in your bank account.
An agent provides you with a legal buffer when you are buying a home, think of it as an insurance policy that you don’t actually have to pay for. What do I mean by this? All of the commissions involved with a real estate transaction are technically incurred by the seller, the buyer doesn’t have to pay anything. But the buyer does benefit from working with a real estate agent in many ways. When you put pen to paper and are agreeing to a mortgage worth hundreds of thousands of dollars you want to make sure you’ve done your due diligence. A great buyers agent will make sure that you have all the relevant information and advice you need to make the best decision possible.
When it gets down to the nitty gritty and you decide to enter a buyer’s agreement with an agent, I’d advise you not to sign this agreement until you’ve seen one or two properties with the realtor. This will help you guage the level of experience the agent is bringing to the table, and how comfortable you are working with this person. If the agent gets upset about this, it’s important to question their motives. Are they going to provide you the service and flexibility you deserve? These are very important things to consider.
Worst case scenario you have to switch to working with another realtor. It happens, sometimes people just don’t work well together. Personally I’d rather work with a client who is a good fit with my professionalism and personality, it’s just easier that way