Buying and selling a house is one of the most vital decisions we make in our lifetime. With the magnitude of investment and emotional involvement in this whole process, you cannot afford to make a mistake, because that is going to cost us a lot. Therefore, people usually take the assistance of professional real estate agents to handle all the complexities of real estate market and also get them the best deal. One of the renowned name in this domain with a strong track record is Milton Ontario real estate. They expertise in both property selling and buying dealings. You can also review other independent brokers, realtors in your area, the prevailing rates and trends in the domestic real estate market through www.realestate.com.au.
A real estate agent would filter properties based upon your specification and budget, show you the prospective property, houses or flat. They represent you in the rate negotiation discussions, get the best rate confirmed and ensured a smooth and stress-free transaction session.
Specific checkpoint of questions which may contribute to making the correct decision regarding hiring a professional real estate agent is:
1. How long have they been in business?
Since the basic training and development of their communication, negotiation and coordination skills, all happens on the job. Therefore, agents being in this business for some time, have the better chances to get you the desired deal. The best way to find about their experience is through the records with licensing authority. Also, their area of expertise matter. We should look out for someone who has local knowledge about the target area, as well as a possible option around it to provide you with the flexibility to make a choice.
2. How reliable are their negotiating skills – sale price to list price ratio?
An excellent buyer’s agent should be able to negotiate the rate that is lower than the list price offered by the seller. Whereas a seller’s agent should have a track record of negotiating the deal price closest to the listed price. At the end of the day its money which matters. Their strong track records in this regard will be an essential deciding factor
3. What marketing strategy or buying options they offer considering your specific requirements?
They should be transparent and clear with the plan. As a buyer, you should be given complete details on how will he search for the home, number of options he would show you to choose from etc. As a seller, you need to be updated about the advertising modes which would be used to invite prospective buyers, what type of photography and house staging options they offer and their online presence.
4. What is their expertise?
Within real estate market, there are different types of professionals specialized in separate verticals. They are awarded certifications and licenses accordingly. Some of the designations popularly used are:
• Certified residential specialist: These agents are specially trained in residential sales and buying.
• Accredited buyer representative: This certification is attained after gaining few years of experience and then undergoing specialized training. They provide buying assistance starting from locating a property to closing the deal.
• Senior real-estate specialist: They are expert in handling the clientele for many years.
The right way is to interview few agents and compare their credentials before making the final decision of hiring them as your representative.