Many buyers and sellers give little thought to choosing a real estate company or realtor. Whether they’re trying to buy or sell Orlando luxury homes or Oviedo real estate property, many people get dazzled by the listings and presentations on various properties without really taking a sober look at who they are getting ready to become close to and share very personal information with.
Before you make contact with a real estate professional who starts to take over your home search or sell, there are some recommendations you should keep in mind before you hire a real estate professional to assist you.
Following are 6 main criteria for you to consider:
1) How many homes has the realtor sold so far this year?
Real estate realtors are in the business of sales and many may tell you that they’re great. Just remember, the proof is in the pudding. The real question is whether or not the realtor can demonstrate how great they actually are in their track record whether they are working in the Orlando luxury homes, Windermere Fl real estate or Oviedo real estate.
This question is geared towards productivity, and if the realtor hesitates, then you probably should hesitate about giving them your business as well.
2) Does the realtor know your neighborhood’s real estate landscape?
Finding a neighborhood expert is important for home buyers and sellers. In some areas by just moving one block or two, a home’s value can be lowered or raised by several thousands of dollars.
A realtor who is a known expert in a particular neighborhood or area probably will be in touch with sellers who may not have placed their home on the Orlando luxury homes or Oviedo real estate market yet and can get you first dibs. Or, these types of real estate professional will know buyers who are looking for a home just like yours. Real estate is a very local business, so recommendations from neighbors and other locals.
3) What is the realtor’s commission?
Currently, in most areas, commissions are approximately 5 to 7 percent and they are split between the buying and selling realtor. You need to be wary if the commission on your Orlando luxury homes or homes for sale in Oviedo is lower than the traditionally commissions. If it is, fewer realtors will be interested in showing your property than others that are meeting the standard commission rates.
You can negotiate a slightly lower commission if a realtor is going to be both selling and listing the house. It just shouldn’t be the only reason you choose a realtor. That’s only a bargain if the realtor is otherwise a good fit.
4) How many homes does the realtor currently have listed for sale?
The realtors with the most inventory typically are the ones working with the largest number of interested buyers. This can greatly up your chances of finding a home that meets your needs or that the realtor is going to be able to find a buyer for your home.
5) How many homes does the realtor have under contract waiting to close?
Knowing just how well this realtor is doing when it comes to closing deals is important to know when you are working in the Orlando luxury homes or Oviedo real estate. You want a realtor who is actually selling homes for people just like you in your neighborhood and the surrounding ones.
In the end, you need to do your homework. Check out the realtor’s business and see if the level of service and results are being delivered. By following these simple pointers, you are more likely to get the results you want.
